Imx
Thanks GameStopFor dumping 14 million imx tokens you recieved on apes/retail.
You can see we broke down, broke up again and then we broke back down below but holding. The weekend will probably determine where we go.
Clearly not enough interest to keep this afloat and I believe it's mostly due to Very negative social sentiment. Leads me to believe this will be dropping further as one looking to get into imx will not be drawn in expecting further downtrend. LRC looks to have the better social sentiment at the moment.
Holding on the daily so far. Pucker up crypto is a rollercoaster.
$IMX token ready to go 📈Immutable X is the first layer-2 scaling solution for NFTs on Ethereum, with instant trade confirmation, massive scalability (up to 9,000+ trades per second), zero gas fees — without compromising user custody. The protocol is built on top of StarkWare’s proving technology, which allows users to retain access to Ethereum’s ecosystem and network effects.
IMX is an ERC-20 utility token for the Immutable X protocol that is designed to drive the adoption of NFTs and help creators, players and developers reimagine value in a digital ecosystem. It will be used for:
Staking to earn rewards.
Pay transaction fees.
Voting for proposals.
Immutable X offers:
Gas-free and instant trades
Self-custody for NFTs.
A true Layer-2 secured by Ethereum.
NFTs that are carbon neutral.
Immutable X (IMX) $14 !!!!IMX : Immutable X is a layer 2 protocol for trading Ethereum NFTs that gives users instant trade confirmation, huge scalability (9,000 transactions per second), and zero gas fees without compromising user ownership. Immutable X’s goal is to make minting and trading NFTs easier than trading traditional digital assets. (Link: www.one37pm.com )
It will follow the channel to the upward which could be match based on Fibonacci levels. Time is not predictable, therefore whenever the price reaches to the top you can close your position. Our expectation is around $14.