How Good Is Immutable (IMX)?
Immutable has huge potential in blockchain gaming and NFTs, so it is a very promising but very volatile investment.
Predictions
Immutable (IMX) Price Prediction
26 Nov, 2024
3 minutes
Immutable is a blockchain gaming and NFT powerhouse that works on scalable solutions for developers and creators. The following article covers IMX price predictions from 2024 to 2030, technical analysis of historical data, and the market trends that shape its trajectory.
You can also exchange IMX crypto on Exolix!
What is Immutable?
Immutable X (IMX) is a native cryptocurrency developed on the Immutable X blockchain platform, a layer 2 scaling solution for Ethereum. It is built to support high-speed and low-cost transactions, especially for NFTs and blockchain-based games. With no gas fees and carbon-neutral transactions, Immutable X has begun to take a leading position in these two important markets in the developer space.
Price Target on Bitcoin (BTC)
The price of Bitcoin greatly influences the cryptocurrency market, including Immutable (IMX). BTC bullish trend often boosts altcoins like IMX due to increased market confidence. Conversely, bearish sentiment on Bitcoin could lead to a sell-off, which would impact the price of IMX. Tracking the BTC trend is crucial to predicting IMX price action.
Technical Analysis, Moving Average
Technical analysis shows that IMX tends to follow broader crypto market trends. The moving average is the primary indicator here, with trading above the 50-day MA indicating upward momentum, while a drop below the 200-day MA suggests bearish sentiment. Given IMX’s price action, it seems to be in line with its role in the blockchain gaming niche, making it highly susceptible to changes in its ecosystem and the broader market.
Immutable (IMX) Historical Data
IMX has seen significant price swings due to crypto market volatility. Its role in NFTs and gaming gives it another upside, but its value remains at the mercy of broader market conditions and adoption rates.
Price Prediction for Today, Tomorrow, and Next 30 Days
Immutable's short-term performance is predicted to be stable, reflecting market and investor sentiment. Slight fluctuation may be seen depending on day-to-day trading volume and minor changes in the market.
| Date | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| Today | $5.20 | $5.40 | $5.57 |
| Tomorrow | $5.25 | $5.45 | $5.60 |
| Next 7 Days | $5.30 | $5.50 | $5.65 |
| Next 15 Days | $5.35 | $5.55 | $5.70 |
| Next 30 Days | $5.40 | $5.60 | $5.75 |
Immutable (IMX) Price Prediction 2024–2030
Immutable is expected to have a mix of steady growth and corrections in the market during the long term. In 2024, increased adoption from blockchain gaming and NFT marketplaces could support the price increase at a moderate rate.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2024 | $5.00 | $5.57 | $6.00 |
| 2025 | $3.00 | $3.54 | $4.00 |
| 2026 | $1.90 | $1.94 | $2.00 |
| 2027 | $1.40 | $1.47 | $1.60 |
| 2028 | $2.50 | $2.74 | $3.00 |
| 2029 | $5.00 | $5.19 | $5.50 |
| 2030 | $4.00 | $4.23 | $4.50 |
Immutable (IMX) Price Prediction 2024 by Month
| Month | Minimum Price | Average Price | Maximum Price | Description |
|---|---|---|---|---|
| October | $5.40 | $5.50 | $5.65 | Increased adoption may keep IMX stable around $5.50. |
| November | $5.45 | $5.55 | $5.70 | Market momentum could push IMX slightly higher. |
| December | $5.50 | $5.60 | $5.75 | End-of-year trends may see IMX close on a positive note. |
Immutable (IMX) Price Prediction 2025 by Month
| Month | Minimum Price | Average Price | Maximum Price | Description |
|---|---|---|---|---|
| January | $3.20 | $3.30 | $3.50 | A cautious start to the year with market adjustments driving stability. |
| February | $3.10 | $3.35 | $3.55 | Slight growth expected as adoption remains steady. |
| March | $3.25 | $3.40 | $3.60 | Community-driven initiatives could support modest price increases. |
| April | $3.15 | $3.37 | $3.58 | Consistent performance likely with minor market fluctuations. |
| May | $3.18 | $3.39 | $3.59 | Stable usage across NFT projects may maintain IMX’s value. |
| June | $3.20 | $3.40 | $3.60 | Mid-year trends may stabilize IMX’s performance. |
| July | $3.22 | $3.42 | $3.62 | Seasonal activity may drive a slight increase in adoption. |
| August | $3.23 | $3.43 | $3.63 | Market confidence in IMX’s long-term use could support growth. |
| September | $3.24 | $3.44 | $3.64 | Renewed interest in blockchain gaming projects could boost prices. |
| October | $3.30 | $3.50 | $3.70 | Positive trends in gaming and NFTs could push IMX higher. |
| November | $3.35 | $3.55 | $3.75 | Community engagement and ecosystem updates may increase demand. |
| December | $3.40 | $3.60 | $3.80 | End-of-year momentum could see IMX closing the year on a high note. |
Immutable (IMX) Price Prediction 2026
Immutable will grow at a slower pace in the next few years due to further consolidation of the NFT and blockchain gaming markets. The price may continue to hover around $1.94 as its niche markets see consistent but small-scale adoption.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2026 | $1.90 | $1.94 | $2.00 |
Immutable (IMX) Price Prediction 2027
Immutable (IMX) may finally stabilize in 2027 at approximately $1.47 as the token finally consolidates in the blockchain and NFT gaming ecosystems. The token may find a sustainable level once a consistent set of use cases are implemented and adopted at the niche level.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2027 | $1.40 | $1.47 | $1.60 |
Immutable (IMX) Price Prediction 2028
A resurgence of interest in NFTs and blockchain scalability could push IMX to $2.74. This renewed market attention is quite possible due to the efficiency of this platform and its attractiveness to developers.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2028 | $2.50 | $2.74 | $3.00 |
Immutable (IMX) Price Prediction 2029
A faster market recovery and demand for a decentralized gaming market could push IMX to approximately $5.19. Its market participation is increasing, thereby expanding the ecosystem and maintaining an upward trajectory.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2029 | $5.00 | $5.19 | $5.50 |
Immutable (IMX) Price Prediction 2030
Immutable will stabilize at approximately $4.23 in 2030 as an established player in the blockchain gaming and NFT space. Whether this price range materializes will largely depend on how the asset performs in the long term with relevance and continued adoption.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2030 | $4.00 | $4.23 | $4.50 |
Frequently Asked Questions
Can Immutable (IMX) Reach €1?
It has already surpassed €1 at the moment; thus, it will continue to exceed this level unless there is a significant market downturn.
How Much Will Immutable (IMX) Be Worth in 2025?
IMX may trade at an average of $3.54 by 2025, with a high of $4.00.
How Much Is 1 Immutable (IMX) Worth?
The current value of IMX changes very often. Check the live price charts to know more about it.
How High Can Immutable (IMX) Go?
IMX may reach $5.75 in the short term and $5.19 by 2029, based on market trends and adoption.