Immutable X Coin a Platform for NFT!

Know about the latest NFT coin and take your decision as crypto investor and trader.

Immutable X Coin post discusses a layer two platform on Ethereum, it also share information about the token price, supply and market cap.

The recent ICO of Immutable X Coin has been a phenomenal success, and only 3.5 percent of people registered for getting token were able to get the coin. Total money raised by the platform to fund their project is around $60 million, which may help Ethereum blockchain in reducing the cost of minting a single unit of digital collectibles.

The interest of people in NFT is a great news for developer, gaming industry and investors in United States and Immutable X Coin will play a great role in realizing the dream of stakeholders.

Immutable is an Australian-based protocol platform built on the Ethereum Blockchain network. It can help monetize gaming assets, arts, music collections, trophies, and many more and can also work as a facilitator for NFTs project, removing the Ethereum blockchain’s shortcomings.

The rise in the sale of NFTs to $2.5 billion in the first half of 2021 compared to $13.5 million during the same period in 2020 has opened up space for Immutable X Coin.

It has tried to solve the problem of trader and developer by providing them a platform that addresses the shortcomings of present NFTs in the market. some of the important features of Immutable are listed below:

Immutable X coin ICO was brought on 8th and 14th september 2021. some of the data related to this initial centralized offer are listed below:

Five percent of the total token supply has been sold through ICO with a lock-in period. Coinlist is the exchange through which its public sale was done, and no information is given on its listing plan.

The platform is getting popular among developers for hosting gaming, collectibles, DeFi, and marketplace solutions. some of the projects which can be expected on this website are listed below:

The platform of Immutable X Coin is an excellent opportunity for both developer and traders as it allows for faster transactions with higher security. Though the token price is on the higher side, looking at its circulating supply, it may fetch a good return in the long run.

Investors must do their research before committing their money to any cryptocurrency projects as there are chances of a scam and loss of hard-earned money.

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