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news-imageAugust 23, 2024

Immutable (IMX) extends weekly gains as L2 networks see renewed optimism

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.
Publisher: Invezz
Sentiment: Positive
IMX

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Immutable (IMX) price: Is a bullish reversal on?

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.

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