Immutable’s IMX/USD price has experienced a 4.1% decrease over the past 24 hours, dropping to $3.2. This decline continues a downward trend that has seen the price decrease by 0.0% over the past week, moving from $3.19 to its current level.
The chart below illustrates the price movement and volatility of Immutable over the past 24 hours compared to the past week. Bollinger Bands, represented by gray bands, measure the volatility of both daily and weekly price movements. The wider the bands or the larger the gray area, the greater the volatility.
Additionally, Immutable’s trading volume has increased by 17.0% over the past week, in line with a rise in the circulating supply of the coin by 1.33%. The circulating supply now stands at 1.39 billion, accounting for approximately 69.46% of its maximum supply of 2.00 billion. Based on current data, IMX holds the #26 market cap ranking at $4.43 billion.
This data is powered by the CoinGecko API, providing real-time and accurate information on cryptocurrency prices and market trends.
It is important to note that this article was generated by Benzinga’s automated content engine and has been reviewed by an editor to ensure accuracy and quality.
In conclusion, Immutable’s IMX/USD price has seen a recent decline, accompanied by increased trading volume and circulating supply. Investors and traders should stay informed on market trends and developments to make well-informed decisions regarding their cryptocurrency investments.
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