Cryptocurrency Immutable Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Immutable's cryptocurrency, IMX, saw a 3.02% increase in price over the last 24 hours to $1.92, despite a 28% decrease over the past week from $2.58. The trading volume has increased by 13%, while the circulating supply decreased by 0.65% to 1.43 billion, representing 71.56% of its max supply. Currently, IMX's market cap ranks #42 at $2.77 billion.
April 17, 2024 | 7:02 pm
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Immutable (IMX) experienced a 3.02% increase in price to $1.92 over the last 24 hours, despite a weekly downtrend. The trading volume rose by 13%, and the circulating supply slightly decreased.
The short-term price increase of IMX, despite a weekly downtrend, indicates a potential rebound or increased investor interest, possibly due to the rise in trading volume and a slight decrease in circulating supply. This could suggest a short-term bullish sentiment among investors, impacting the price positively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100