Cryptocurrency Immutable Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Immutable (IMX) experienced a 4.09% decrease in price over the last 24 hours, now at $3.3, despite a 7.0% increase over the past week. Trading volume has decreased by 69.0%, and the circulating supply has dropped by 0.68% to 1.36 billion, 67.77% of its max supply. IMX's market cap ranks #24 at $4.46 billion.
February 19, 2024 | 7:03 pm
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Immutable (IMX) has seen a 4.09% decrease in price over the last 24 hours to $3.3, despite a recent uptrend. The trading volume and circulating supply have also decreased.
The short-term price decrease of 4.09% in Immutable (IMX) despite its recent uptrend suggests a potential negative impact on investor sentiment in the short term. The significant decrease in trading volume and a slight reduction in circulating supply could indicate a decrease in market activity and investor interest, potentially leading to further short-term price declines.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100