-
Bitcoin
$94,946.1255
1.72% -
Ethereum
$3,302.6291
0.33% -
Tether USDt
$0.9999
0.05% -
XRP
$2.3034
0.50% -
BNB
$695.8272
-0.37% -
Solana
$191.6529
0.86% -
Dogecoin
$0.3344
1.50% -
USDC
$0.9998
-0.02% -
Cardano
$0.9472
4.23% -
TRON
$0.2421
-0.92% -
Avalanche
$37.4565
2.09% -
Sui
$5.0001
8.70% -
Toncoin
$5.2565
0.81% -
Chainlink
$20.2460
1.74% -
Shiba Inu
$0.0000
2.54% -
Stellar
$0.4034
1.26% -
Hedera
$0.2778
2.80% -
Polkadot
$6.7006
0.11% -
Bitcoin Cash
$433.1952
1.64% -
UNUS SED LEO
$9.0392
-0.05% -
Uniswap
$13.2234
3.15% -
Litecoin
$104.0913
0.79% -
Bitget Token
$6.5100
3.79% -
Pepe
$0.0000
1.42% -
Hyperliquid
$21.1053
3.58% -
NEAR Protocol
$5.0708
1.94% -
Ethena USDe
$0.9993
0.04% -
Dai
$1.0002
0.03% -
Internet Computer
$10.5769
1.28% -
Aptos
$9.0437
2.37%
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.
-
7 Upcoming Meme Coins That Can Make You Rich in 2025
- 2025-01-10 20:25:25
-
The 1876-CC 20-Cent Piece: A Rare and Valuable Coin
- 2025-01-10 21:00:25
-
Arctic Pablo (APC): The Top New Meme Coin to Invest in This Week
- 2025-01-10 21:00:25
-
Explore Arctic Pablo, Book of Meme, and Popcat as the Best Meme Coins for Long-Term Success – Epic ROI Awaits in 2025
- 2025-01-10 20:35:27
-
BTC, ETH, SUI, FTM, and AIOZ Price Analysis and Review
- 2025-01-10 20:50:24
-
BTC Recovers to $95K as Bargain Hunters Emerge; US Nonfarm Payrolls Report on Friday Will Test the Bounce
- 2025-01-10 20:50:24
Related knowledge
DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial
Jan 08,2025 at 11:18pm
Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...
Tectum (TET) Coin Purchase Tutorial Detailed
Jan 09,2025 at 04:04am
Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...
What are the factors that are positive for GamerCoin (GHX)?
Jan 07,2025 at 11:43pm
Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...
Introduction to several methods to obtain GamerCoin (GHX) coins
Jan 06,2025 at 09:52pm
Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...
What are the regulatory risks associated with GEODNET (GEOD) Coin?
Jan 08,2025 at 09:02am
Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...
What security measures are in place to protect Tectum (TET) coin holders?
Jan 08,2025 at 09:05am
Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...
DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial
Jan 08,2025 at 11:18pm
Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...
Tectum (TET) Coin Purchase Tutorial Detailed
Jan 09,2025 at 04:04am
Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...
What are the factors that are positive for GamerCoin (GHX)?
Jan 07,2025 at 11:43pm
Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...
Introduction to several methods to obtain GamerCoin (GHX) coins
Jan 06,2025 at 09:52pm
Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...
What are the regulatory risks associated with GEODNET (GEOD) Coin?
Jan 08,2025 at 09:02am
Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...
What security measures are in place to protect Tectum (TET) coin holders?
Jan 08,2025 at 09:05am
Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...
See all articles
