Altcoins display bullish strength as Bitcoin trades around the $100K zone. Immutable (IMX) appears poised for significant gains with its prevailing post-breakout actions. Crypto analyst JAVON MARKS believes IMX bulls will target $4.91 amid magnified bullish sentiments. That will mean an approximately 255% surge from Immutable's current price. IMX targets robust gains past $4.

EverReach Labs' REVENGE, an innovative co-op PvE shooter, partners with Immutable (IMX) to enhance player-spectator interaction and secure asset ownership, marking a new era in gaming.

Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.

Santiment data shows Decentraland (MANA), an Ethereum-based digital reality platform, dominated the NFT marketplace over the past month. Details show Decentraland boasted 116.27 GitHUB events within the previous 30 days. That reflects massive developer participation within the non-fungible token ecosystem. Decentraland team stirs confidence Santiment's GitHub data analyzes significant developments within a project.

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub events in the past 30 days.

ImmutableX (IMX) has emerged as a prominent solution in the world of NFTs, offering a layer-2 scalability protocol built on Ethereum to improve transaction efficiency and reduce costs. By addressing key limitations such as high gas fees and slow transaction speeds, ImmutableX provides a platform for NFT creators, developers, and marketplaces to thrive.

Story Highlights The live price of the IMX token is The ImmutableX price could hit $3.27 in 2025. With a potential surge, the IMX price could reach $9.77 by 2030. A plethora of virtual currencies and protocols can be found in the ever-changing crypto space.

The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30. Immutable (IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin (WLD) continues to dominate the linear unlocks at $81.53 million.

As the crypto industry experiences lower volumes, here are our top cryptocurrencies to watch this week: HYPE, Horizen and IMX.

King Arthur: Legends Rise arrives on Immutable (IMX), offering players the chance to earn instant Gems. Explore the epic RPG adventure and engage with legendary heroes in this captivating Web3 gaming experience.

Arena of Faith, a web3 MOBA game, launches its Arena of Faith Quest on Immutable (IMX), offering players the chance to earn Gems and other rewards through engaging gameplay.

Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded.

Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), offering players exclusive rewards and web3 ownership. Discover interactive lessons, NFTs, and more in this innovative chess platform.

Gaming protocol Immutable has advanced its lead in the market with a record game app onboarding.

Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.

Immutable (IMX) introduces 'Perpetual Rewards' with RavenQuest, enhancing the utility of gems and rewarding consistent player engagement starting January 2025.

Immutable (IMX) introduces a continuous reward system called Gems, aiming to enhance player engagement in Web3 gaming with perpetual rewards and evolving quests.

Immutable (IMX) and Yield Guild Games (YGG) unite to enhance Web3 gaming, committing $1 million to player rewards. This collaboration aims to foster community-driven engagement and expand gaming opportunities.

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.

Tornado Cash's native token, TORN, skyrocketed by over 380% following a landmark ruling by the U.S. Fifth Circuit Court of Appeals on Nov. 26, 2024.

Immutable AI Labs, a project tracking AI models on the blockchain, is sending out malicious links to a fully spoofed site. Users must avoid connecting their wallet to the fake link, which promises an eligibility check for IMMU tokens.

TL;DR The U.S. Court of Appeals ruled that Tornado Cash's immutable smart contracts are not “property” and cannot be sanctioned by OFAC. The decision is a significant win for privacy-focused technologies, highlighting the limitations of governmental authority over decentralized systems.

Discover the GG: Survivor Quest on Immutable (IMX), offering new rewards and gameplay experiences in Web3 gaming. Launched on Telegram, it introduces unique incentives through OVERTAKE's GameFest.

The decision reverses a lower court ruling and marks a significant win for privacy advocates and blockchain developers seeking legal clarity.

Decentraland's native cryptocurrency, MANA, has seen an astonishing 70% increase in value over the past week, reaching its highest price in nine months. This surge is part of a broader movement within the Metaverse sector, where virtual world-related tokens are experiencing a revival.

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications.

Non-fungible tokens are gradually rebuilding momentum with MANA and SAND now soaring to new weekly highs.

MANA, Decentraland's native cryptocurrency, has seen an impressive 70% price increase over the past week. This MANA crypto price surge is part of a broader rally in Metaverse-related tokens, which has caught the attention of the market.

With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.

The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.

For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.

Immutable has announced a strategic partnership with Altura, a web3 infrastructure platform focused on the gaming industry.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

Immutable (IMX) showcases its impact in Web3 gaming as a Gold Sponsor at the GAM3 Awards 2024, with multiple nominations highlighting its technological advancements.

Immutable has launched Pre-Approved Transactions, enabling seamless in-game blockchain interactions for over 400 games, eliminating the need for external wallet approvals and enhancing the immersive experience of Web3 gaming. The post Immutable Introduces In-Game Signing for Web3 Games appeared first on Cryptonews.

The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.

Immutable (IMX) introduces Pre-Approved Transactions to enhance Web3 gaming by integrating blockchain approvals directly within games, eliminating disruptions and creating seamless experiences for players and developers.

Here is how some of your favorite assets concluded the week.

Former SEC official Marc Fagel has voiced concerns over the Securities and Exchange Commission's recent issuance of a Wells Notice to Immutable, an Ethereum-based Web3 gaming company. Immutable claims that the Wells Notice arrived with limited prior communication or explanation, marking a sharp departure from what is typically a more extensive investigative process.

Immutable, an Ethereum Web3 gaming firm, has received a Wells Notice from the United States Securities and Exchange Commission (SEC), according to a statement released on Friday. A Wells Notice is an indication that the SEC is considering filing a lawsuit against a company.

Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC).

The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC's contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0.10 or a $10 pre-100:1 split.

After centralized exchanges, DeFi projects, and NFT projects, the agency is now looking to expand its net to crypto gaming.