Cryptocurrency Immutable Up More Than 13% In 24 hours
Portfolio Pulse from Benzinga Insights
Immutable's cryptocurrency, IMX, has seen a significant increase of 13.58% in its price over the last 24 hours, reaching $2.23. This rise is part of a broader positive trend, with an 18% gain over the past week from $1.87. The coin's all-time high is $9.52. Trading volume for IMX has surged by 115% over the past week, and its circulating supply has also increased by 1.09% to 1.36 billion, which is 67.77% of its max supply. Currently, IMX's market cap ranks it 31st at $3.02 billion.
February 02, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
IMXUSD experienced a significant price increase of 13.58% in the last 24 hours, reaching $2.23, with an 18% gain over the past week. The trading volume has surged by 115%, and the circulating supply has increased by 1.09% to 1.36 billion.
The significant price increase and trading volume surge indicate strong market interest and positive momentum for IMXUSD. The increase in circulating supply suggests more liquidity, potentially attracting more investors. Given these factors, the short-term impact is likely positive.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100