The Immutable (IMX) token is up more than 400% since this year’s low, rising to $2.13, according to CoinGecko data. IMX is among the top 30 altcoins and has gained approximately 15% in the last 24 hours.
3 Whales..
According to a post by Lookonchain, three different wallets thought to belong to a single whale withdrew 4.3 million altcoin IMX from Binance overnight. There are 40.5 million IMX worth approximately $90.8 million in six different wallets associated with the same whale.
Blockchain and Immutable
A report shared by VanEck last week states that Immutable could grow even further with the release of new blockchain-based games. Especially with Illuvium, Guild of Guardians and other high-budget games to be introduced in 2024, it seems likely that IMX’s market value will be among the top 25 coins.
In the evaluation made for the IMX token belonging to the Immutable ecosystem, it was emphasized that the coming year could witness exciting developments, and it was stated that the value of IMX could increase with the growth potential in the gaming world. The report predicted that projects such as Illuvium and Guild of Guardians could make significant contributions to the success of Immutable.
Significant Increases May Come
IMX’s value gain and withdrawal transactions attract attention among the altcoin community and investors. VanEck’s report highlights Immutable’s future growth potential, raising hopes for significant increases in the token’s market value.