Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum.
According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.” Let us review IMX Price.
IMX Price Prediction
IMX Is trading above the support zone at $2.46. If it stays above this zone, we could start seeing a move towards $2.82, $3.36, $3.78, $4.52 and $5.31. Failure to hold the support at $2.46 could lead to a drop towards $2.46, $2.27 and $2.02.
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