{"id":23622,"date":"2023-09-22T19:18:23","date_gmt":"2023-09-22T19:18:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/immutablex-spiked-34-after-major-crypto-exchange-lists-imx\/"},"modified":"2023-09-22T19:18:23","modified_gmt":"2023-09-22T19:18:23","slug":"immutablex-spiked-34-after-major-crypto-exchange-lists-imx","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/immutablex-spiked-34-after-major-crypto-exchange-lists-imx\/","title":{"rendered":"ImmutableX spiked 34% after major crypto exchange lists IMX"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666161814931-804ce2c6-6276-40b1-8e88-726331a9088c-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666161814931-804ce2c6-6276-40b1-8e88-726331a9088c-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666161814931-804ce2c6-6276-40b1-8e88-726331a9088c-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666161814931-804ce2c6-6276-40b1-8e88-726331a9088c-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">ImmutableX (IMX) price rose more than 30% after a top exchange listed the altcoin.<\/li>\n<li dir=\"ltr\">While IMX still tops other crypto gainers in top 50 this past week, it has retreated from near $0.78, to $0.65 amid profit taking.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/immutable-x\/\">ImmutableX (IMX)<\/a> was among the hottest coins this week, skyrocketing more than 34% to top the list of gainers across the top 50 coins by market capitalization. With mega cap altcoins largely constrained, the price of IMX rose to near $0.78 \u2013 the highest level since August 2.\u00a0<\/p>\n<p dir=\"ltr\">Listing on one of the world\u2019s largest <a href=\"https:\/\/coinjournal.net\/exchanges\/\">cryptocurrency exchanges<\/a> might have triggered the buying pressure.<\/p>\n<h2 dir=\"ltr\">Korean listing triggers IMX buyers<\/h2>\n<p dir=\"ltr\">Immutable is billed as the \u201cfuture of Web3 gaming,\u201d with decent traction for the ecosystem seen over the past several months. The <a href=\"https:\/\/twitter.com\/Immutable\/status\/1691223587620106242\" rel=\"noopener noreferrer\" target=\"_blank\">launch<\/a> of the Immutable zkEVM Testnet has added to this outlook as developers find it easier to build Web3 games.<\/p>\n<p dir=\"ltr\">IMX has however not seen much upside amid broader crypto malaise since Bitcoin\u2019s retreat from the $31k area. This week has however witnessed a massive spike in buy pressure \u2013 a scenario likely triggered by news of the listing of IMX\/KRW on leading South Korea crypto exchange Upbit.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ImmutableX&#8217;s <a href=\"https:\/\/twitter.com\/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IMX<\/a> token skyrocketed over 30% following the listing of IMX-Korean won pair on South Korea&#8217;s leading exchange <a href=\"https:\/\/twitter.com\/Official_Upbit?ref_src=twsrc%5Etfw\">@Official_Upbit<\/a>.<\/p>\n<p>The newly listed IMX\/KRW pair on Upbit exchange accounted for nearly 20% of the global trading volume.. <a href=\"https:\/\/t.co\/UcZhiTT7MA\">pic.twitter.com\/UcZhiTT7MA<\/a><\/p>\n<p>\u2014 GeckoTerminal (@GeckoTerminal) <a href=\"https:\/\/twitter.com\/GeckoTerminal\/status\/1704741352171589756?ref_src=twsrc%5Etfw\">September 21, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">But according to blockchain sleuth Lookonchain, IMX rising saw major deposits to exchanges soon after \u2013 including from top blockchain gaming company Animoca Brands.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Note that Animoca Brands withdrew 1,546,875 <a href=\"https:\/\/twitter.com\/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IMX<\/a>($1.03M) again 23 minutes ago, which will most likely be deposited to Binance again.<\/p>\n<p>Animoca Brands withdrew 515,625 <a href=\"https:\/\/twitter.com\/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IMX<\/a>($342K) and deposited to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> 18 hours ago after <a href=\"https:\/\/twitter.com\/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IMX<\/a> rose.<a href=\"https:\/\/t.co\/QX1fDeECBV\">https:\/\/t.co\/QX1fDeECBV<\/a> <a href=\"https:\/\/t.co\/jNDqExj3KE\">pic.twitter.com\/jNDqExj3KE<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1705047699937251729?ref_src=twsrc%5Etfw\">September 22, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">At the time of writing, the cryptocurrency was seeing some downside pressure amid profit taking. IMX\/USD traded around $0.65 on major cryptocurrency exchanges. According to data from CoinGecko, the altcoin had shed just over 1% in the past 24 hours.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/immutablex-skyrockets-30-after-major-crypto-exchange-lists-imx\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) ImmutableX (IMX) price rose more than 30% after a top exchange listed the altcoin. While IMX still tops other crypto gainers in top 50 this past week, it has retreated from near $0.78, to $0.65 amid profit taking. ImmutableX (IMX) was among the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":23623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23622"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23622"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23623"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}