Cryptocurrency Immutable Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Immutable's (IMX) cryptocurrency price has decreased by 3.52% in the last 24 hours, continuing a week-long decline. Trading volume has dropped by 31% over the week, while circulating supply slightly increased. IMX ranks #42 in market cap at $2.45 billion.
October 22, 2024 | 7:03 pm
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NEGATIVE IMPACT
Immutable's (IMX) price has decreased by 3.52% in the last 24 hours, continuing a downward trend over the past week. The trading volume has decreased by 31%, indicating reduced investor interest or activity.
The consistent price decline over the past week, coupled with a significant drop in trading volume, suggests a bearish sentiment among investors. The decrease in trading volume indicates reduced interest or activity, which could lead to further price declines in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100