Cryptocurrency Immutable's Price Increased More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Immutable's cryptocurrency (IMX) has seen a significant price increase of 9.18% in the last 24 hours, reaching $2.18. Over the past week, IMX has surged 47.0%, climbing from $1.48. Despite the recent gains, it is still well below its all-time high of $9.52. The trading volume has decreased by 58.0% over the past week, while the circulating supply has slightly decreased by 0.16%. Immutable's current market cap is $2.81 billion, ranking it 31st in the market.
December 14, 2023 | 7:00 pm
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Immutable's token IMX has experienced a 9.18% price increase over the past 24 hours and a 47% increase over the past week, with a current price of $2.18. The trading volume has decreased, and the circulating supply has slightly dropped.
The significant price increase of IMX over the past 24 hours and the past week indicates strong market momentum, which could attract more investors and potentially drive the price up in the short term. However, the decrease in trading volume could suggest a lower market interest or consolidation phase after the recent price surge. The slight decrease in circulating supply could be seen as a positive factor for price if demand remains constant or increases.
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