ImmutableX skyrockets 30% after major crypto exchange lists IMX
ImmutableX (IMX) price rose more than 30% after a top exchange listed the altcoin. While IMX still tops other crypto gainers in top 50 this past week, it has retreated from near $0.78, to $0.65 amid profit taking. ImmutableX (IMX) was among the hottest coins this week, skyrocketing more than 34% to top the list of gainers across the top 50 coins by market capitalization. With mega cap altcoins largely constrained, the price of IMX rose to near $0.78 – the highest level since August 2. Listing on one of the world’s largest cryptocurrency exchanges might have triggered the buying pressure. Korean listing triggers IMX buyers Immutable is billed as the “future of Web3 gaming,” with decent traction for the ecosystem seen over the past several months. The launch of the Immutable zkEVM Testnet has added to this outlook as developers find it easier to build Web3 games. IMX has however not seen much upside amid broader crypto malaise s...