Tag: Immutable

  • Immutable price: IMX surges 17% to outpace top altcoins

    Immutable price: IMX surges 17% to outpace top altcoins

    Image Of Immutable Token

    • Immutable price soared 17% as bulls jumped to $0.96 amid gains for altcoins.
    • The IMX token has swung bullish after Immutable’s 2.9 million IMX token rewards.
    • Growth on web3 gaming and regulatory clarity are potential catalysts for IMX price.

    Immutable (IMX) has surged 17% in the past 24 hours and more than 50% over the week as gains put IMX among the top performers on the day.

    Gaming partnerships, enhanced token rewards, and favorable regulatory developments have all helped IMX price in recent weeks, and the token currently outpaces top altcoins.

    Altcoin rally and Immutable’s 17% price gain

    Immutable’s explosive growth is promoted by a series of high-profile partnerships that have strengthened its position in the web3 gaming sector.

    A notable collaboration with South Korean gaming giant Netmarble, has expanded Immutable’s reach into mainstream gaming markets in addition to a recent integration with Chainers, a web3 MMO game, unveiled on September 16, 2025.

    These partnerships, alongside earlier collaborations with Ubisoft and GameStop, have driven on-chain activity.

    Notably, Messari’s Q1 2025 report noted a 5.7% quarter-on-quarter increase in daily transactions on the platform.

    The merger of Immutable with Immutable’s zkEVM chain, forming the “Immutable Chain,” has further optimized scalability, attracting developers and players alike.

    These developments have cemented Immutable’s reputation as a leading platform for NFT-based gaming, contributing significantly to IMX’s recent price surge.

    The IMX token has shown resilience, rising to a rank of 90th among top cryptocurrencies after previously falling out of the top 100 earlier this year.

    This uptrend provides a notable contrast to the broader crypto gaming sector, which has faced significant headwinds.

    Numerous projects in the space have reportedly ceased operations due to funding challenges and unsustainable economic models.

    IMX price gains amid rewards

    Immutable’s mobilization is also driven by enhanced token rewards and positive regulatory shifts, with recently increased weekly IMX token rewards to approximately 2.9 million, boosting liquidity and incentivizing user participation.

    A partnership with Seychelles-based MEXC exchange enables seamless token transfers to Immutable’s zkEVM chain, enhancing accessibility for investors.

    Immutable co-founder Robbie Ferguson highlighted some of the milestones for IMX over the past year. He shared this via X.

    Catalysts for IMX price?

    Developments in regulatory front also helped IMX’s surge.

    In March, the US Securities and Exchange Commission (SEC) concluded its probe into Immutable.

    The move signaled a more favorable stance toward blockchain gaming.

    Additionally, the SEC’s approval of generic listing standards for commodity-based trust shares has improved sentiment for altcoin ETFs, indirectly benefiting IMX.

    Immutable price chart by CoinMarketCap

    The token could break above the psychological level of $1 in coming weeks after it hit highs of $0.96, its highest mark since February.

    While Immutable’s rally aligns with strong fundamentals related to web3 gaming, and broader market optimism, traders may derail the momentum over the past month.

    Mainly, the corrections will be down to profit taking and a downturn for the market. In this case, $0.45 and $0.30 are key support zones.



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  • Immutable and InQubeta altcoins to watch; Invesco and Galaxy slash fee in Spot Bitcoin ETF race

    Immutable and InQubeta altcoins to watch; Invesco and Galaxy slash fee in Spot Bitcoin ETF race

    Following the SEC decision on Bitcoin ETFs and the launch of the market on January 11, the race between asset managers continues to heat up. Invesco, a leading global provider of ETFs, in partnership with Galaxy Asset Management, launched the Invesco Galaxy Bitcoin ETF (BTCO). This move was intended to offer efficient exposure to spot Bitcoin—a different approach to other Bitcoin ETF issuers.

    To capture a greater share of the Bitcoin ETF market and climb up the ladder—currently ranked 6th—Invesco and Galaxy said on Monday that they are cutting the sponsor fee. The fund’s fee will be slashed from 0.39% to 0.25%, putting it on par with most rivals.

    At the same time, altcoins sharing the spotlight are Immutable (IMX) and InQubeta (QUBE). These top altcoins have been stirring up quite a buzz thanks to their staggering upside potential. Poised to skyrocket, these are the best cryptos to buy now and altcoins plays not to miss out on.

    InQubeta (QUBE): aiming for a surge after launch

    InQubeta (QUBE) is one of the new ICOs quickly gaining investors’ confidence. For starters, it is one of the most bullish narratives, standing at the intersection of AI and blockchain. Additionally, other token features like deflationary tokenomics, governance, and staking further make it stand out.

    Given the above, the presale selling outcomes as no surprise. To date, an astounding $8.6 million has been raised in early funding, with the $10 million fundraising milestone eyed next. In the seventh stage of the ICO, a token costs only $0.0224, and analysts tip it for a 6,000% rally after launch.

    Positioned as the best new crypto to invest in, other appeals of InQubeta involve the role it is designed to play. It aims to primarily address the fundraising challenge within the burgeoning AI sector. To this end, it will build the first crowdfunding platform that will allow tech startups to raise funds through crypto on its NFT marketplace.

    Invesco and Galaxy reduce Bitcoin ETF fee

    Spot Bitcoin ETFs continue to be the talk of the financial town—a buzz not likely to recede anytime soon. Investor sentiment post BTC ETF has also been on the rise as the market soars, with asset managers competing to get a significant slice.

    A piece of exciting news that is stirring up quite a buzz is Invesco and Galaxy deciding to cut the sponsor fee on their Bitcoin ETF, BTCO. On Monday, they announced reducing their fund’s fee from 0.39% to 0.25%, which will put BTCO on par with most rivals.

    This move came on the back of the desire to gain a competitive edge. Currently, the spot Bitcoin ETF market is dominated by BlackRock, Grayscale, and Fidelity, with Invesco and Galaxy’s ETF product ranking 6th. Hence, this new rate might see BTCO rank higher, presently boasting about $280 million in trading volume and assets under management (AUM).

    Immutable (IMX): a solid altcoin to watch out for

    Immutable (IMX) is the first layer-2 scaling solution for NFTs on Ethereum. With this, it has been able to carve out a niche and become a pioneer in the dynamic crypto landscape. As a layer-2 scaling solution, it addresses Ethereum’s limitations like illiquidity, low scalability, and poor user experience, among others.

    One of its competitive advantages is its massive scalability and zero gas fees for minting and trading NFTs. Remarkably, it does this without compromising asset or user security. Given this, Immutable is primed for massive adoption and staggering growth.

    In light of the above, it is clear why Immutable is one of the altcoins to watch for significant growth. Hence, if you wish to position yourself for substantial gains, IMX is among the best altcoins to invest in.

    Conclusion

    Invesco and Galaxy have decided to reduce their Bitcoin ETF fee from 0.39% to 0.25% as competition heats up. 

    Meanwhile, aiming to skyrocket are Immutable and InQubeta, making them altcoins to watch and investors’ favourites.

    For more information about the InQubeta presale, visit the InQubeta Presale or join the InQubeta Communities.

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