After finishing as the second top market gainer recently, momentum is building for an IMX rally.

With the BTC price sustaining above the $60K mark, the bull run in the altcoin segment is heating up. As the speculations of a bull run in Bitcoin to the $100K sparks up with Presidential elections and rate cuts, the gaming, AI, and meme cryptos are racing fast.

Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.

Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.

Story Highlights The live price of GMT is . GMT price could soar as high as $0.30 in 2024. Stepn price could reach a high of $1.49 by 2030. The crypto space has been cordial to budding projects in the industry. A number of which cater to diverse sectors of the business.

SuperVerse's token, SUPER, surged over 17% in the past day, driven by the upcoming launch of a new Web3 action game on its platform.

Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.

Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.

Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism's Superchain Infrastructure Ethereum-based derivatives liquidity protocol Synthetix is set to unveil SNAXChain, an application blockchain built on Optimism's Superchain infrastructure.

Leading DeFi protocol Synthetix joins Optimism's impressive Superchain line up.

TL;DR Synthetix launches SNAXchain: Built on Optimism's Superchain infrastructure, SNAXchain aims to enhance governance and expand to more chains and Layer 2 solutions. Optimism Superchain benefits: Expected to boost user interoperability and drive growth, leveraging optimistic rollups to reduce transaction costs.

Synthetix has introduced an application-specific blockchain named SNAXchain using Optimism's infrastructure.

Pool Masters, from the creators of 8 Ball Pool, joins Immutable (IMX)'s Main Quest, bringing web3 rewards and player ownership to mobile pool gaming.

Immutable X token is stuck in a deep bear market ahead of a big token unlock and as the outlook for non-fungible tokens darkens. Immutable X (IMX) retreated to $1.958 on Sep.

Here are the top 3 token unlocks happening this week that could significantly impact the market

Several unlocks are coming in September, with a mixed bag of tokens dedicated to the community or to project development. Unlocks are still seen as a mostly bearish sign due to supply pressures.

Immutable, a leading player in the blockchain and crypto space, has shown exceptional resilience. Despite a recent market-wide downturn, which saw Bitcoin (BTC) prices plunge from $64.2k to $58.2k, IMX managed to rebound strongly.

The Immutable price has dropped by 2% in the past 24 hours, falling to $1.45 as the crypto market suffers a comparable 1.5% loss today.

Despite the higher timeframe bullish bias, speculators in the lower timeframes were not so keen, as evidenced by a negative funding rate.

Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.

Immutable X is the first layer-two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading, all without compromising user or asset security. Immutable zkEVM is the first of its kind - a chain for games that offers EVM compatibility, low cost, massive scale, and Ethereum security.

Learn how to bridge tokens across different chains using the Immutable (IMX) Toolkit, now integrated with Squid for enhanced functionality.

Immutable (IMX) Passport surpasses 2 million signups, setting a new standard for web3 gaming wallets by addressing the unique needs of gamers and developers.

Synthetix faces fierce competition on the DeFi-oriented layer-2.

Synthetix faces fierce competition on the DeFi-oriented layer 2.

Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy.

Discover the transformation of gaming through Web3 as Immutable (IMX) Ambassadors share their journeys and insights, highlighting the benefits of true asset ownership.

The crypto market traded in the green today as Bitcoin's steady above $60.5K triggered bullishness in the altcoin space. While the top ten digital tokens by market capitalization gained up to 3% on their daily charts, magnified investor sentiment propelled Immutable (IMX) surges by 10% over the past 24 hours.

Amid ongoing market volatility, the altcoin leader, Ethereum's price has reclaimed the $2,650 level with a jump of 2.11% in the past day. Following this, ETH-based altcoins have gained significant attention from the market. This has resulted in them breaking out of their important resistance levels.

As major cryptocurrency prices consolidate ahead of Friday's key speech from Fed Chair Jerome Powell, traders are turning to top crypto performers today in the altcoin market as they hunt for upside volatility.

Japanese multinational electronics manufacturing corporation Casio Computer Co., Ltd. has announced a collaboration with the move-and-earn Web3 lifestyle app STEPN GO to release four types of sneakers as limited-edition NFTs.

STEPN GO, the social-lifestyle spinoff of the popular move-to-earn game STEPN, has announced a collaboration with Casio's iconic G-Shock brand. This partnership marks a significant milestone in the virtual and physical world convergence, as they unveil a limited-edition collection of NFT sneakers.

Binance has announced that it will be delisting a number of spot trading pairs. The reason for this is Binance's evaluation of all listed spot trading pairs on a regular basis, analysis of their performance and liquidity.

Behind the social-lifestyle app project, there is also Casio

Immutable (IMX) is largely flat in the past 24 hours despite price breaking from below $1.12 to reach the key resistance area near $1.20. However, while the native token of the Web3 gaming platform hovers below the supply zone, there's massive activity around the gaming blockchain as multiple game titles launch on Immutable.

You may have forgotten about Synthetix, but the market certainly hasn't.

Immutable (IMX)'s integration with Fireblocks will enhance digital asset management for games, builders, and DeFi projects, offering global access to Immutable zkEVM.

Immutable teams up with Fireblocks to secure asset management for Web3 games, NFTs and DeFi projects within its ecosystem.

Major Web3 gaming platform Immutable has announced a strategic integration with enterprise platform Fireblocks.

Immutable (IMX), the Ethereum Layer-2 solution, is making headlines today due to an impressive price surge, making it one of the top-performing altcoins.

The crypto space, particularly the crypto gaming landscape, has experienced a bit of a lull over the past few months. Since the brief gaming run from February to April, the momentum has cooled off .

Immutable's decision to close its NFT marketplace reflects a broader strategic realignment. The company has chosen to shift its focus from operating its own marketplace to supporting external platforms within the Immutable ecosystem.

It could be followed with deployments on Optimism and Base.

The company revealed that it will wind down operations on August 13th. It will shift its focus towards expanding its ecosystem through strategic partnerships instead of continuing to run its marketplace.

Immutable, the blockchain company known for its gaming and NFT platforms, is shutting down its NFT marketplace to focus on broader ecosystem growth through strategic partnerships. The marketplace will cease operations on August 13.

Immutable has achieved several notable milestones in July. The platform has surpassed 2 million Passport signups, underscoring its growing popularity and user adoption.

Synthetix founder Kain Warwick donated $86,000 in Illuvium tokens to former CFO SynthaMan after the latter lost his SNX holdings due to liquidation caused by market volatility and high-risk decisions.

TL;DR Immutable to Close NFT Marketplace: Immutable will shut down its NFT marketplace on August 13, 2024, to focus on expanding its ecosystem through strategic partnerships. Assets Remain Secure: User assets will stay accessible on the blockchain, with listings visible across multiple marketplaces using the same global order book.