At its core, Immutable X is a layer-2 scaling solution for Ethereum designed to enhance the efficiency of NFT transactions. Ethereum, despite being the most popular platform for NFT creation and trading, has been criticized for its high gas fees and low transaction throughput. Immutable X addresses these issues by providing a platform where users can create and trade NFTs without incurring high gas fees and with significantly higher transaction speeds.
One of the key features of Immutable X is its use of Zero-Knowledge Rollups (ZK-Rollups). This technology allows for bundling multiple transactions into a single one, which is then verified on the Ethereum blockchain. This method not only speeds up transactions but also reduces the environmental impact, as it requires less computational power compared to executing each transaction individually on Ethereum. This aspect is particularly crucial in today's market, where there is an increasing focus on sustainability and the environmental impact of blockchain technology.
Furthermore, Immutable X maintains the security and decentralization aspects of the Ethereum network. This is vital for users who are concerned about the security of their assets. By leveraging the underlying security features of Ethereum while providing a more efficient transaction experience, Immutable X presents a balanced solution for NFT traders and creators.
From an economic standpoint, the introduction of platforms like Immutable X is a game-changer for the NFT market. By reducing transaction costs, it lowers the barrier to entry for both creators and collectors. This democratization of access can potentially lead to a more vibrant and diverse NFT ecosystem, which is beneficial for the market's growth and maturity.
Additionally, Immutable X has its native token, IMX, which is used within its ecosystem. The IMX token plays a role in governance, allowing holders to vote on proposals that shape the platform's future. It also serves as a means to incentivize various activities within the platform, aligning the interests of users with the platform's growth.
The fastest, most convenient way to purchase Immutable is to purchase it on ICONOMI. We check Immutable live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Immutable by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Immutable is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Immutable, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Immutable in their structure.
Here you can read and comment on all posts made by Strategists about Immutable IMX. See all Immutable price predictions in real time and make the best use of their crypto knowledge.
🤟 Rebalancing Info 01.05.2024 🤟
Strategy Performance April: -29% 📉
Winner April: $TRX +0,2% 🆗
Loser April: $APT -49% 😱
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 3 changes in the Top25:
22x Rebalanced
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
⭐ Wisdom Dynamic structure has been readjusted and rebalanced.
📤Removed: $INJ, $OP, $XLM, $XMR (removed in Q1 2024 when ICONOMI stopped supporting Monero).
📥Added: $APT, $ARB, $IMX, $STX.
📈Wisdom Dynamic is a strategy with high volatility. In Q1 2024 Wisdom Dynamic consistently appears as a 7 days Top Performer.
📚Wisdom Dynamic is suitable for users that seek LONG TERM digital assets exposure in top market cap digital assets, with passive investment objective.
ℹ️ Book CALENDLY for Video Call and TradFi & DeFi Investment Insights: HERE.
💊Stack sats $BTC
⭐ Wisdom Moderate structure has been readjusted and rebalanced.
📤Removed: $INJ, $OP, $XLM, $XMR (removed in Q1 2024 when ICONOMI stopped supporting Monero).
📥Added: $APT, $ARB, $IMX, $STX.
📈Wisdom Moderate is a perfect strategy during volatile markets, markets with correction momentum and portfolio diversification. In Q1 2024 Wisdom Moderate performed +37,52%, whilst benchmarked Bitcoin $BTC gained +68,07%. Beating inflation levels in fiat currency measurement.
📚Wisdom Moderate is suitable for users that seek digital assets exposure in top market cap digital assets, but prefer moderate volatility.
ℹ️ Check out LinkedIn for TradFi & DeFi Investment Insights: HERE.
💊Stack sats $BTC
⭐ Wisdom Balanced structure has been readjusted and rebalanced.
📤Removed: $INJ, $OP, $XLM, $XMR (removed in Q1 2024 when ICONOMI stopped supporting Monero).
📥Added: $APT, $ARB, $IMX, $STX.
📈Wisdom Balanced is a perfect strategy during volatile markets, markets with correction momentum and portfolio diversification. In Q1 2024 Wisdom Balanced performed +26,18%, whilst benchmarked Bitcoin $BTC gained +68,07%. Beating inflation levels in fiat currency measurement.
📚Wisdom Balanced is suitable for users that seek digital assets exposure in top market cap digital assets, but prefer medium volatility.
ℹ️ Check out X for TradFi & DeFi Investment Insights: HERE.
💊Stack sats $BTC
⭐ Wisdom Stable structure has been readjusted and rebalanced.
📤Removed: $INJ, $OP, $XLM, $XMR (removed in Q1 2024 when ICONOMI stopped supporting Monero).
📥Added: $APT, $ARB, $IMX, $STX.
📈Wisdom Stable is a perfect strategy during volatile markets, markets with correction momentum. In Q1 2024 Wisdom Stable performed +15,22%, whilst benchmarked Bitcoin $BTC gained +68,07%. Beating inflation levels in fiat currency measurement.
📚Wisdom Stable is suitable for users that seek digital assets exposure in top market cap digital assets, but prefer lower volatility.
ℹ️ Check out Wisdom Crypto MEDIUM for TradFi & DeFi Investment Insights: HERE.
💊Stack sats $BTC
