The IMX token continues to soar, reaching $2.21, setting a new high since 2022.
In stark contrast to the current market declines for Bitcoin and Ethereum, Immutable and its native IMX token are showing strong upward momentum, highlighting the independence of digital assets from each other.
While other popular gaming tokens have declined amid market volatility, the IMX token has continued to show resilience, showing a possible decoupling from other cryptocurrencies.
Immutable’s IMX token has shown rapid growth since October. The growth trend of the IMX token reached its peak on the day it successfully broke through the $2 mark.
As of now, IMX is trading at $1.98, up 36.3% in the past seven days, according to CoinMarketCap.
This marks a major milestone for the IMX token, showing levels not seen since April 2022. This sustained period of gains highlights the significance of the current price action, indicating that the IMX token is significantly different from its past price patterns.
Immutable The network partners with several well-known companies, including Merit Circle, Illuvium, Unity, Ubisoft and StarkWare.
There is a surprise at the top of the homepage
Immutable and Transak launched a new partnership on Monday, identifying Transak as the "primary payment partner" for Immutable Checkout on the zkEVM network. Immutable X is favored by developers for its low transaction fees, Ethereum-level security, fast transaction rates, and user-friendliness. The network provides developers with all the tools they need to build scalable games, including Orderbook, Marketplace, Checkout, and Passport.
The future of Immutable X is full of expectations, with 18 green days in the past 30 days and price volatility of 11.72%. The IMX token’s rating on CoinMarketCap has risen to 29th place. The rise echoes VanEck’s prediction that the launch of new blockchain-based video games next year, such as Illuvium, could boost the value of the IMX token. VanEck pointed out that Immutable has been working hard to solve the technical problems that limit the popularity of Web3 games.
