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Cryptocurrency Immutable's Price Increased More Than 5% Within 24 hours

Published 09/02/2024, 19:02
Updated 09/02/2024, 20:10
© Reuters.  Cryptocurrency Immutable's Price Increased More Than 5% Within 24 hours
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Immutable's (CRYPTO: IMX) price has increased 5.65% over the past 24 hours to $2.38. Over the past week, IMX has experienced an uptick of over 8.0%, moving from $2.21 to its current price. As it stands right now, the coin's all-time high is $9.52.

The chart below compares the price movement and volatility for Immutable over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 32.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.65%. This brings the circulating supply to 1.36 billion, which makes up an estimated 67.77% of its max supply of 2.00 billion. According to our data, the current market cap ranking for IMX is #29 at $3.24 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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