Project Overview**
- Core Technology: Ethereum Layer-2 scaling solution using zk-Rollups for near-instant, gas-free NFT transactions and smart contracts. Focuses on solving Ethereum's scalability issues for gaming/NFTs .
- Use Cases: Powers NFT marketplaces (e.g., Gods Unchained, Guild of Guardians) and enables minting/trading without compromising security .
- Ecosystem Growth: Hosts 344+ games, with 619% YoY growth in active users and 5M+ Immutable Passport (Web3 wallet) registrations .
### 2. Tokenomics & Utility
- Supply: Max supply of 2B IMX; 1.87B (93%) circulating. Vesting schedules control unlocks .
- Distribution:
- 51.74%: Ecosystem development
- 25%: Project development
- 19.26%: Public/private sales
- 4%: Foundation reserve .
- Utility:
- Staking: Earn rewards from protocol fees.
- Fees: ≥20% of transaction fees paid in IMX.
- Governance: Voting rights proportional to holdings .
### 3. Market Performance & Metrics
- Current Data: Price: $0.4087 | Market Cap: $763M | 24h Volume: $39.8M .
- Decline from ATH: Down 95.7% from Nov 2021 peak ($9.50) due to bear market and NFT sector volatility .
- Technical Indicators:
- Bearish trend (50-day SMA: $0.599, 200-day SMA: $0.865) .
- RSI: ~30–46 (neutral to oversold) .
- Whale Concentration: Top wallet holds 38.9% of supply, posing centralization risks .
Table: Key Token Metrics
| Metric | Value | Details |
|--------------------------|--------------------|---------------------------------|
| Current Price | $0.4087 | 24h Range: $0.3954–$0.4169 |
| Market Cap | $763M | #116 rank (CoinGecko) |
| TVL (Total Value Locked) | $18.5M | MC/TVL: 41.18 (overvalued) |
| All-Time High | $9.50 (Nov 2021) | -95.7% vs. current |
### 4. Growth Catalysts
- Web3 Gaming Boom: Partnerships with major studios (e.g., Tatsumeeko, Star Heroes) migrating to Immutable .
- zkEVM Integration: Unifying Immutable X and zkEVM into one chain to enhance scalability and developer appeal .
- Revenue Model: 2% fees on primary/secondary NFT sales, funneled into staking rewards .
### 5. Risks & Challenges
- Market Volatility: High correlation with crypto/NFT market swings; 73.8% price drop YoY .
- Competition: Rivals like Polygon and Solana in NFT scaling .
- Regulatory Uncertainty: Evolving global crypto regulations could impact operations .
### 6. Price Predictions
Forecasts vary widely based on market sentiment and adoption scenarios:
- 2025: $0.27–$0.41 (bearish) vs. $0.80–$1.08 (bullish breakout) .
- 2030: $0.04 (bearish) vs. $3.48–$5.68 (5% annual growth model) .