Cryptocurrency Immutable Surges Over 6% in 24 Hours

16 views 1:37 pm 0 Comments May 14, 2024

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

In the last 24 hours, Immutable’s (CRYPTO: IMX) price surged by 6.42% to reach $2.43, maintaining its upward trajectory from the previous week with a notable 33.0% increase, transitioning from \(1.8 to its current value. Notably, **the cryptocurrency’s peak price remains at \)9.52**.

The following chart illustrates the price fluctuations and volatility of Immutable within the past day (on the left) juxtaposed with its performance over the week (on the right). Bollinger Bands, depicted in gray, indicate the volatility levels for both daily and weekly price shifts. A wider band or a larger gray area signifies heightened volatility during that period.

While the trading volume for IMX has decreased by 32.0% over the past week, the total circulating supply of the cryptocurrency has seen a 1.95% increase, totaling over 1.46 billion. This adjustment positions the current circulating supply at approximately 72.84% of its maximum supply, set at 2.00 billion. Presently, IMX holds the #33 spot in market cap ranking, amounting to $3.52 billion.

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