Immutable (IMX) Price Soars 292%, What’s Next for the Token?

Immutable (IMX) has experienced a remarkable surge, jumping over 11% to reach a price of around $0.6360 after witnessing a substantial 292% increase in trading volume. This impressive jump has propelled IMX into the top gainers’ spot within the crypto market. While the overall cryptocurrency market cap hovers near $3 trillion, displaying mixed sentiments with fluctuations between gains and losses, Bitcoin maintains a steady $96.8K, while Ethereum trades around $1.8K. Notably, Immutable (IMX) is leading the charge with its impressive gains exceeding 11%.