Immutable X (IMX) Daily Traders Face Losses Amid Rebound Attempt

Since reaching its year-to-date peak of $3.61 on March 12, IMX, the native token of Immutable X, the Layer 2 (L2) scaling solution for NFTs on Ethereum, has plummeted by 68%. This decline intensified during Monday’s general market downturn, with the altcoin falling to its lowest value since November 2023. Although IMX has seen a slight uptick in the past 24 hours, daily traders still... source: https://beincrypto.com/immutable-x-daily-traders-continue-to-record-losses/