Decrypt • Jun 06, 22
Ethereum NFT Game Illuvium Sells Over $72M in Digital Land Plots
The role-playing game’s first land sale on Immutable X yields a huge stash of crypto, even in a bear market for NFTs.
Read more
Immutable
IMX
4.8
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Market
Market stats
Market cap
$694.6M
Volume (24h)
$16.1M
Circulating supply
1.2B IMX
Typical hold time
61 days
Popularity
#35
All time high
$9.50
Price change (1h)
+0.97%
Price change (24h)
+1.35%
Price change (7d)
-1.23%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Immutable is on the decline this week.
The price of Immutable has fallen by 1.23% in the past 7 days. The price increased by 1.35% in the last 24 hours. In just the past hour, the price grew by 0.97%. The current price is $0.60 per IMX. Immutable is 93.73% below the all time high of $9.50.
The current circulating supply is 1,167,293,573.49 IMX.
About
IMX is an Ethereum token that powers Immutable X, a scaling solution for NFTs that aims to enable near-instant, low fee transactions. IMX can be used for staking on Immutable X, voting on the future of the protocol, and paying transaction fees.
What Is Immutable (DARA)?
Immutable is a decentralized platform that uses advanced technologies to create simple products for people around the globe. Immutable aims to become a platform where people can read and write content without the fear of privacy endangerment, censorship, or expenses.
According to the whitepaper, the platform plans to achieve its goals with the help of multiple blockchain networks such as Ethereum, Binance Smart Chain (BSC) network, InterPlanetary File System (IPFS), and many more. Immutable also intends to host all the data on IPFS for platform users. IPFS is a peer-to-peer file distribution system that aims to provide users access of all the browsers that are available on the market without installing any additional software.
The DARA token is the native token of the Immutable which is available on the Binance Smart Chain platform. And, BEP20 is the token standard of DARA, used for creating or issuing smart contracts on the Ethereum blockchain. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In addition, DARA is aiming to build a decentralized governance system to secure the ecosystem.
Thirty-six percent of the total token supply is distributed in public sale whereas 10% of it goes to the DAO fund. A DAO is a type of organization that developers create to automate decisions and transactions. Moreover, 15% is distributed to the advisory fund and15% to the team fund. Twenty-one percent of the total token supply is kept locked in the DARA liquidity. And lastly, the remaining 3% will be utilized in marketing and promotion. Liquidity is the conversion of an asset into traditional currency without impacting the market price.
History of Immutable (DARA)
Gigamesh is the founder of Immutable, and Louis Miles is the project director. According to the whitepaper of Immutable, the platform has a maximum total supply of 42,000,000 DARA coins. Also, the whitepaper was published on July 30, 2021.
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Immutable Calculator
How much is 1 IMX?
Conversion Table
IMX/CAD (Canadian Dollar)
CA$0.81
IMX/JPY (Japanese Yen)
¥88.93
IMX/INR (Indian Rupee)
₹49.49
IMX/BRL (Real)
R$3.00
IMX/EUR (Euro)
€0.56
IMX/NGN (Nigerian Naira)
NGN 460.35
IMX/KRW (South Korean Won)
₩805.46
Reading List
News
CoinDesk • Jun 01, 22
GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter
GameStop reported the digital asset sales during its first quarter earnings release Wednesday.
Read more
The Block • Jun 01, 22
Immutable proposes the Otherside metaverse should be built on its Layer 2 network
Ethereum Layer 2 scaling solution Immutable X wants to be the home of Yuga Labs’ metaverse project Otherside.
Read more
The Block • May 25, 22
Web game developer Kongregate and Immutable launch $40 million fund for blockchain games
Kongregate.com will begin incorporating blockchain-based games and rebranding to a web3 oriented gaming site later into 2022.
Read more
The Defiant • May 24, 22
GameStop Launches Beta Version of Non-Custodial Crypto Wallet
GameStop, the embattled video game store and meme stock, launched a non-custodial Ethereum browser wallet in beta on Tuesday. Users control their assets and must manage the wallet’s private keys themselves. The wallet is available from the Chrome Web Store for the Chrome and Brave browsers, and an iOS version of the app is “coming … GameStop Launches Beta Version of Non-Custodial Crypto Wallet Read More »
Read more
The Defiant • Mar 25, 22
Meme Stonk GameStop Taps Loopring for Beta NFT Marketplace Immutable X to Join Fellow Layer 2 in Running Live Platform
Meme stock fave GameStop just selected two Layer 2s to run its NFT marketplace.
Read more
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FAQ
What is the current price of Immutable?
We update our Immutable to USD currency in real-time. Get the live price of Immutable on Coinbase.
What is the market cap of Immutable?
The current market cap of Immutable is $694.60M. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Immutable?
The all-time high of Immutable is $9.50. This all-time high is highest price paid for Immutable since it was launched.
What is the 24 hour trading volume of Immutable?
Over the last 24 hours, the trading volume of Immutable is $16.11M.
What other assets are similar to Immutable?
Assets that have a similar market cap to Immutable include Wrapped EOS, Kaspa, Aave, and many others. To see a full list, see our comparable market cap assets.
How many Immutable are there?
The current circulating supply of Immutable is 1.2 billion.
What is the typical holding time of Immutable?
The median time that Coinbase customers hold Immutable before selling it or sending it to another account or address is 61 days.
What is the relative popularity of Immutable?
Immutable ranks 98 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
What is the current trading activity of Immutable?
Currently, 95% of Coinbase users are buying Immutable. In other words, 95% of Coinbase customers have increased their net position in Immutable over the past 24 hours through trading.
Can I buy Immutable on Coinbase?
Yes, Immutable is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Immutable guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.