Cryptocurrency Immutable Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Immutable's cryptocurrency, IMX, has seen a 3.62% decrease in price over the last 24 hours, falling to $3.46. Despite this short-term decline, IMX has gained 13.0% over the past week. The trading volume for IMX has decreased by 37.0%, while its circulating supply has increased by 0.25% to 1.39 billion, which is 69.46% of its max supply. Currently, IMX's market cap ranks it 29th at $4.80 billion.
March 13, 2024 | 7:02 pm
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IMXUSD experienced a 3.62% decrease in the last 24 hours to $3.46, contrasting with a 13.0% increase over the past week. The trading volume has decreased by 37.0%, and the circulating supply has slightly increased.
The short-term price decrease of 3.62% in IMXUSD, despite a positive trend over the past week, indicates a potential short-term negative impact on its price. The decrease in trading volume suggests lower market activity, which could further contribute to price volatility. However, the increase in circulating supply is relatively minor and may not have a significant impact on price.
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