-
Bitcoin $95,664.6533
0.58% - Ethereum
$1,799.2831
-1.45% - Tether USDt
$0.9999
0.01% - XRP
$2.1428
-0.10% - BNB
$602.0288
0.44% - Solana
$146.1916
-0.70% - USDC
$1.0000
0.01% - Dogecoin
$0.1707
-0.52% - Cardano
$0.6695
0.38% - TRON
$0.2454
-1.57% - Sui
$3.3003
-3.82% - Chainlink
$13.6719
-0.19% - Avalanche
$19.8885
0.32% - Stellar
$0.2619
0.64% - UNUS SED LEO
$8.7285
0.34% - Toncoin
$3.0142
1.32% - Shiba Inu
$0.0...01263
-1.41% - Hedera
$0.1759
1.04% - Bitcoin Cash
$362.1289
2.48% - Hyperliquid
$20.8499
2.85% - Litecoin
$85.7762
2.51% - Polkadot
$3.9389
-0.15% - Dai
$1.0002
0.01% - Monero
$285.9881
3.97% - Bitget Token
$4.2670
-0.83% - Ethena USDe
$1.0005
0.01% - Pi
$0.5783
-1.61% - Pepe
$0.0...07938
-0.75% - Bittensor
$364.6926
-3.15% - Uniswap
$4.8987
-2.02%
What is the value of IMX coin? Is it worth investing?
IMX, the native token of the gas-free NFT trading platform Immutable X, offers value through scalability, security, and community governance participation.
Oct 14, 2024 at 01:54 am
1. Overview of IMX Coin
IMX (Immutable X) is an Ethereum-based cryptocurrency token that powers the Immutable X platform, which allows for the trading of non-fungible tokens (NFTs) on the Immutable X blockchain. IMX enables fast and scalable NFT transactions while eliminating gas fees associated with traditional Ethereum transactions.
2. Value Proposition of IMX Coin
The value of IMX coin stems from its utility within the Immutable X platform:
- Gas-Free NFT Trading: Users can trade NFTs on the Immutable X marketplace without paying gas fees for transactions.
- Scalability: The Immutable X blockchain can process a high volume of NFT transactions, allowing for efficient trading and gaming experiences.
- Security: The Immutable X platform uses advanced security measures to protect user assets and prevent fraud.
- Community Governance: IMX holders have the ability to participate in governance decisions related to the future development of the platform.
3. Is IMX Coin a Worthy Investment?
The potential value of IMX coin for investors depends on factors such as:
- NFT Market Growth: The growth of the NFT market could drive increased demand for the Ethereum-based Immutable X platform and its native token IMX.
- Platform Adoption: The adoption of the Immutable X platform by gaming studios and NFT creators could increase the utility and demand for IMX coin.
- Tokenomics: IMX has a limited supply of 2 billion tokens, which could potentially support future price appreciation if demand increases.
4. Current Market Value of IMX Coin
As of February 22, 2023, the live market value of IMX coin is $1.07 USD, with a total supply of 2,000,000,000 IMX.
5. Conclusion
IMX coin has potential value as the native token of the Immutable X platform, which enables gas-free NFT trading, scalability, and security. While the future value of IMX is subject to market dynamics, the growth of the NFT market and the adoption of the platform could support the coin's value over time.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Pre-market purchase of Melania Trump's memecoin netted millions in profit for crypto traders
- 2025-05-07 06:35:12
- Democratic Sen. Chris Murphy Introduces Bill to Bar Presidents and Lawmakers From Launching Cryptocurrencies
- 2025-05-07 06:35:12
- A heated dispute has emerged within the Bitcoin developer and user community over a proposal to remove or loosen limits on OP_RETURN
- 2025-05-07 06:30:12
- A small group of traders made a staggering $99.6 million in profit
- 2025-05-07 06:30:12
- Don't Miss These 3 Breakout Tokens, Featuring One Top Meme Coin Presale to Buy Now
- 2025-05-07 06:25:12
- Virtuals Protocol (VIRTUAL) Is Down 15% in the Last 24 Hours After Rallying 200% Over the Past 30 Days
- 2025-05-07 06:25:12
Related knowledge
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
See all articles
