Immutable X (IMX) Price Predictions

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Last Updated November 17th 2024
17 Min Read

Are you a long-term cryptocurrency investor? Are you constantly on the lookout for altcoins that you can buy and hold for several years for profit purposes? Then Immutable X is a viable digital asset to consider.

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Due to the nature of the cryptocurrency market, it is always important to consider the long-term prospect of an asset before buying. Here, we will present Immutable X (IMX) price predictions and forecasts for the years 2023 through 2030 in a detailed manner.

To ensure that this forecast article is as helpful as possible, we will discuss many important things you need to know about Immutable X before presenting its price predictions for the years to come. Therefore, it is essential you read carefully.

 

Immutable x Price Predictions 2023, 2025, and 2030

Are you interested in a quick Immutable X long-term prospect? Here, we'll summarize our IMX price predictions and forecasts for the coming years:

  • End of 2023: Immutable X will start recovering before the year runs out. We predict that the price can reach $1.32 before the end of the year.
  • End of 2024: Immutable X will continue to recover as we enter 2024. Our forecasts show that the token could be worth up to $2.20 before the end of 2024.
  • End of 2025: In 2025, it is likely that Immutable X will become really popular. Improved popularity can push its token price to $5.68 before the end of the year.
  • End of 2030: By 2030, we expect that cryptocurrency will go mainstream and assets like IMX will be widely adopted. There is a good chance it will be worth up to $26.30 by the end of the year.
 



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What You Need to Know About Immutable X

Immutable X was created as a layer 2 scaling solution for Ethereum and NFTs. It is regarded as one of the very first scaling solutions for NFTs, which are mostly based on Ethereum. As a crypto project, Immutable X aims to solve most of Ethereum’s problems that militate against the usability of NFTs, including low scalability, liquidity issues, slow developer experience, and slow user experience.

In terms of functionality and performance, Immutable X is a highly successful crypto project. It guarantees instant trading of NFTs and massive scalability. Its users also enjoy zero gas fees for minting and trading non-fungible tokens. Best of all, all these impressive experiences are achieved without any form of compromise to asset or user security.

ImmutableX price prediction

Immutable X is one of the first layer-2 solutions to employ zk-rollups. It is also the first scaling solution to focus on NFTs. Immutable X's REST APIs ensure that all kinds of NFT-related activities, including minting, transferring, and trading simple API calls within the ecosystem. Its infrastructure also ensures that it can interact with third-party marketplace without security risks. It has the potential to play a huge role in the gaming and content distribution niches within the crypto universe.

Immutable X was founded by brothers, James Ferguson and Robbie Ferguson in 2018. Both have feared in Forbes 30 under 30 as successful entrepreneurs. While James had experience leading a software development team at a billion-dollar e-commerce company, his brother is a Thiel fellow. Over the years, the brothers have grown the Immutable X team to over 100 members with different backgrounds.

Immutable X Token (IMX)

Like most other crypto projects, Immutable X has a native currency which can be simply called Immutable X token. The digital asset trades under the ticker symbol IMX, and can also be called Immutable X coin. 

Immutable X token powers the ecosystem and serves as the utility token of the platform. This implies that it can be used to settle different transaction fees within the network. It is also the governance token, meaning that it bestows every holder with a governance right to vote on changes to the network. Immutable X can also be staked for rewards. The rewards are also paid in IMX.

The Immutable X token serves as the primary investment vehicle of the network. What this means is that it is the key to investing in the network and what it stands for. It is the asset you can buy, hodl, and sell for profit purposes. It is currently available across a variety of marketplaces, including mainstream crypto exchanges and brokerages. From this point, we will start using Immutable X, Immutable X tokens, Immutable X Coins, and IMX interchangeably to refer to the asset.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Immutable X Price History

Though Immutable X was launched as a crypto project in 2018, it was under development for about a couple of years before the token was released. IMX was officially launched through an ICO in September 2021. Token sales lasted from 8 to 15 September 2021 and stopped when the ICO goal of raising $13 million was achieved. ICO token price was $0.15, according to data from ICO Drops.

Immutable X (IMX) was listed on several exchanges following the ICO and Coingecko started tracking its price in November 2021. We will rely on the data from the website for this section.

As of 5th May 2021, IMX was trading for $5.20 per token. Five days later, on 10th November, the price dropped to $3.75. It rose again quickly to reach $6.06 on 13th November, then $8.64 on 21st November. IMX reached its all-time high of $9.52 per token on 26th November 2021 and by 5th December it had dropped to $4.85. The coin eventually finished the year at about $5.14 per token.

On 1st January 2022, IMX traded for $4.90 per token. The token entered a major bearish trend that saw its price drop to $2.58 by 31st January. It recovered marginally to reach $3.39 on 4th February before experiencing another long bearish run that saw the price drop to $1.41 on 28th February.

On 7th March 2022, Immutable X traded for $1.15 per token. On 13th March, it traded for $1.88 and eventually reached $2.09 on the 20th. IMX price reached $2.61 per token on 29th March and then $2.64 on 31st. On 1st April, the token traded for $2.35 before dropping significantly to reach $1.81 on 15th April. By 30th April 2022, IMX was worth $1.54 per token.

On 1st Mar 2022, Immutable X token traded for $1.36. It improved marginally to about $1.83 on 5th May before going on another bearish run that saw the price drop to $0.781208 on 13th May. By 26th May, IMX price was $0.934 and it recovered, even more, to reach $1.15 on 31st May. On 1st June, Immutable X was priced at $1.11 and by 9th June, it had dropped to $0.956. At the time of of 2022 IMX was trading for $0.3819 per token, a 1.5% increase within the previous 24 hours.

Immutable X price chart

Immutable X IMX/USD price chart. Source: Coinmarketcap

Immutable X Technical Analysis

Technical analysis helps us understand whether a digital asset is a "buy" or a "sell" at any given time. It is important, therefore, to consider Immutable X technical analysis before buying the coin. While technical analysis is important, fundamental analysis is also crucial. In the end, price forecasts should be the ultimate determinants.

Based on the standard technical indicators, this can be a good time to buy Immutable X. Though a majority of moving averages indicate “sell”, Hull Moving Average indicate “buy” and Ichimoku Base Line is Neutral. For the oscillators, most indicate that IMX is a “buy” at the moment.

In summary, the moving averages for IMX point to 'strong sell' while the oscillators point to 'buy'. Unless you are interested in day-trading, the most important things to consider before buying an asset are the potential of the underlying network and the asset's price predictions and forecasts.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Immutable X (IMX) Expert Forecasts

We understand that different websites publish price predictions. We also understand that due to different analytical methods, experts come up with different predictions. It is always helpful to consider other experts’ forecasts before presenting our own predictions.

At this juncture, we will consider Immutable X (IMX) price predictions and forecasts from other experts published on other authority websites.

Wallet Investors

The experts at Wallet Investor are not optimistic with their IMX forecast. Their 1-year forecast is $0.748, which indicates a drop in the price of the coin in the coming 12 months. The price of the asset has been dropping in the past months and weeks, so such a forecast is expected.

PricePrediction.net

Unlike those at Wallet Investor, the experts at PricePrediction.net are optimistic about the long-term potential of Immutable X (IMX). According to their latest forecasts, the coin could reach $1.28 before the end of 2023 and improve to $1.91 in 2023, and then $3.96 in 2025. The experts are also tipping IMX to reach $8.91 in 2027 and $28.30 in 2030.

Tech News-Leader

The experts at Technewsleaders.com offer IMX predictions that are similar to what we have directly above. It is predicted that the coin could be worth around $1.64 in 1 year. The site also predicts that Immutable X tokens will be worth $5.24 in five years and then $32.30 in ten years.

Digital Coin Price

The experts at digitalcoinprice.com suggest that Immutable X will grow at a very slow pace in the coming years. Their latest predictions show that IMX will be worth a maximum of $1.11 in 2023, $1.39 in 2025, $1.85 in 2027, and $3.17 in 2030.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Immutable X Price Predictions

At this point, we have discussed most things you need to understand in order to make the best use of our Immutable X price predictions and forecasts. From the price history section, you can tell that IMX is a volatile asset. Just as other experts and analysts have predicted, we expect that the price of the token will continue to fluctuate, but there are good chances that it will gain value as the years roll by.

Before delving fully into the price prediction section, it is important to state that it is almost impossible to predict the prices of digital assets with certainty. Therefore, it is best to take the following predictions as experts’ opinions of what the price of Immutable X will be in the coming years, based on the results of price, technical, and fundamental analyses.

ImmutableX price prediction

Immutable X Price Prediction For 2023

If things should work out as we expect, then the price of IMX will continue to improve, going into 2023. This doesn’t mean that the token will have a bullish run that will last throughout next year. What it implies, though, is that the price will fluctuate but will ultimately trend upwards.

As per our actual Immutable X (IMX) price prediction for 2023, we are looking at a minimum price of $1.09. It is also projected that the price of the coin could rise to as high as $2.20 per token. The average price, on the other hand, should be about $1.68 per token or thereabout.

Immutable X Price Prediction For 2024

The NFT market is already growing at an incredible pace. There is no indication that the market will slow down any time soon. With scaling solutions like Immutable X, the NFT market will boom even more in 2024. The boom is also expected to have a positive impact on the price of IMX and other tokens that facilitate the growth.

Based on the sentiment above, there is a good chance that the minimum price of Immutable X tokens will not be less than $1.98. A decent market condition will likely result in an IMX maximum price of up to $3.43 and an average price in the region of $2.72 per token.

Immutable X Price Prediction For 2025

No matter how you look at it, IMX is a relatively new cryptocurrency. Though the network was created in 2018, the token was launched to the crypto market in late 2021. It is yet to gain popularity and we believe that it will become a lot more popular in 2025. Improved popularity will have a direct positive effect on the value of the token.

According to the results of our analyses, IMX low forecast for 2025 is $3.07 per token. Positive market sentiment can also take the price close to our high forecast of $5.68 per token. The average price of the token is expected to be in the region of $4.89.

Immutable X Price Prediction For 2026

Immutable X is an Ethereum-based project and its native token is an ERC-20 token. Most successful projects built on the Ethereum network benefit from advancement and upgrades within the network. Ethereum is already in the process of releasing a series of upgrades, and by 2025, these upgrades will have a positive impact on Immutable X and other affiliated assets.

As per our actual Immutable X price forecast for 2026, we believe the minimum price will not be less than $4.78 while the maximum price could be up to $8.45. The average price, on the other hand, could be anything in the region of $6.95.

Immutable X Price Prediction For 2027

Are you a real long-term crypto investor? Do you buy coins and keep them in your portfolio for years before considering selling them? Then 2027 is a year you need to be interested in. It is exactly five years away, and that is a decent time to consider how well an asset can perform.

Based on the results of our analyses, Immutable X is likely to yield a significant return within the next five years. The coin is projected to have a minimum price of about $7.54 and potentially reach a maximum price of $10.60. The average price is expected to be around $9.24 per token.

Immutable X Price Prediction For 2028

As it stands, Immutable X does not have a strong community. The most popular cryptocurrencies are backed by strong communities and we believe it is only a matter of time before Immutable X gets its community and their backing will help push the price of the token upwards.

If things should go as good as we expect them to go, then the minimum price of IMX in 2028 should be up to $9.50. It is also possible the token will trade for as high as $15.38 before December 2028. The average price for the year is projected to be $12.89 or thereabout.

Immutable X Price Prediction For 2029

Earlier in this article, we stated that Immutable X was founded by a duo of highly successful brothers. We also stated that they have built a strong team of more than 100 capable individuals. This strong team is capable of taking Immutable X to a whole new level, and that will definitely have a positive impact on the price of IMX.

As per our actual IMX price forecast for 2029, we are projecting a minimum value of about $14.05 per token. The maximum price of the token could be up to $19.20, while the average price should be around $17.42 per token.

Immutable X Price Prediction For 2030

By 2030, it is expected that cryptocurrency will go mainstream. NFTs will also become a lot more popular than they are, and more people will invest in digital assets. Tokens like IMX will rise significantly. If things should happen as we project, IMX will cross the $20 mark in 2030.

According to the results of our analyses, the minimum price of Immutable X in 2030 will be around $18.73 per token. The maximum price of the token is projected to be up to $26.30. The average price, on the other hand, should be in the region of $22.46 per token.

Potential Highs And Lows Of Immutable X (IMX)

Though the predictions above were made after carefully analyzing Immutable X and its price history, we have to admit that the market is hardly predictable. We expect that the future prices of the coin will be close to the values we’ve predicted, but things can take a dramatic turn in the crypto space, which is why we also consider potential highs and lows.

As emphasized already, the price of IMX will continue to fluctuate in the coming years. Though the minimum, maximum, and average prices predicted above can guide you when it is time to make an investment decision, it is also important that you consider the potential highs and lows of the coin. We will summarize these in a table below:

Year High Low
2023 $2.34 $0.87
2024 $3.43 $1.98
2025 $5.46 $2.56
2027 $10.80 $6.05
2030 $32.80 $15.50

 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Should You Invest In Immutable X (IMX)?

Immutable X is a new cryptocurrency. Some will argue that it is relatively untested. However, with all we've seen within a few months of observing the token, it is very similar to other digital assets. It has shown signs of extreme volatility and is currently on a downtrend. That, notwithstanding, doesn't mean that it will not rise. But then, should you invest in Immutable X? Can it be a millionaire-maker?

Considering its price history, IMX is a risky investment. But then, the entire cryptocurrency space is volatile and considered risky. The important thing, in this case, is to consider the potential of the network and its current market. In these regards, IMX is a decent investment vehicle.

According to our projections, the price of IMX is likely going to improve significantly in the coming years. At the moment, the price is very low, compared to what it could be. Buying now enhances your chances of making a huge profit if our forecasts work out decently.

Where To Buy Immutable X

Are you willing to buy Immutable X tokens? Then it is important you carefully choose where to buy from. At the moment, there are several places you can buy IMX from, including cryptocurrency exchanges, brokerages, and regular investment apps that are neither official exchanges nor brokerages.

It is important to understand a marketplace properly before buying a digital asset from it. You need to be sure it is safe and secure, and you need to be sure that you are buying at a good rate. Even if you have a trusted platform, it is okay to compare it with other platforms before sticking to it for crypto transactions.

eToro – The Best Place to Buy Immutable X with Low Fees

Based on our experience in the cryptocurrency market, we believe that eToro is one of the best places to buy Immutable X. The brokerage is one of the very first full-service brokerages to enable cryptocurrency trading. Currently, it is still rated the best social trading platform for various reasons.

One of the major reasons we recommend eToro ahead of exchanges and other brokerages is that it lists several digital assets in addition to stocks, futures, ETFs, and other investment vehicles. You will also buy these assets with very low fees. eToro also offers several perks for all users.

eToro is also the trading platform you can use and enjoy at all times. It has a well-designed website and intuitive apps that make crypto trading and investing easy. Its platforms are ideal for all types of crypto traders/investors, including beginners and veterans.

eToro – The Best Platform To Buy Immutable X

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Immutable X Price Predictions – Conclusion

The cryptocurrency market is a tough but highly rewarding space. Immutable X is one of the new digital assets we believe can explode in the future. Though it is not currently performing well, we believe it will start recovering this year and gain momentum in the years to come.

We’ve covered most things you need to know about Immutable X and presented our forecasts in a manner anyone can understand. The ball is in your court – to invest in IMX or to ignore the token. If you decide to invest, remember that eToro is one of the best platforms to buy IMX.

At this point, it is important to reiterate that cryptocurrencies are highly volatile and almost unpredictable. It is important, therefore, to invest cautiously. Immutable X has shown signs of extreme volatility, so you must time your investment appropriately.

Other Crypto Price Predictions

FAQs Immutable X (IMX) Price Predictions

Is Immutable X a profitable investment?

Immutable X is currently on a bearish run, but it is a potentially profitable investment. Our forecasts show that it will gain value in the coming years.

Is Immutable X (IMX) a good investment for the future?

Yes, IMX price is going to grow significantly in the coming years, and we believe it will be worth a lot more than the current price in many years to come.

Will IMX rise?

Yes, IMX is expected to rise as the years roll by. Next year, 2024, the token could be worth up to $2.20. We also project that it will rise to $5.68 in 2025, $10.60 in 2027, and $26.30 in 2030.

What will be the price of Immutable X tokens in five years?

In the next five years, Immutable X could be worth up to $10.60 per token.

What will be the price of Immutable X tokens (IMX) in ten years?

In the next ten years, we project that Immutable X (IMX) could be worth between $34 and $40 per token.

Will Immutable X reach $10?

Yes, Immutable X can reach $10. After all, the token reached $9.52 in November 2021. It will likely reach the $10 mark in 2027 or earlier.

Will Immutable X (IMX) reach $100?

It is possible that IMX will reach $100 per token. However, it may take several years or even decades before it reaches this height.

Will immutable X crash?

It is unlikely that Immutable X will crash. According to our forecasts, the token is likely to rise in the coming years.

Is Immutable X (IMX) a risky investment?

Immutable X can be considered a risky investment since it is highly volatile. This is the nature of all cryptocurrencies, and they can also be highly rewarding.

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