Immutable (IMX), an Ethereum Layer 2 scaling solution, gained over 15% and reached as high as $0.88.
In addition, IMX's trading volume and market capitalization increased significantly.
Behind the rise of IMX was the listing of Upbit, South Korea's largest cryptocurrency exchange.
Upbit said in a statement that IMX trading will begin on July 28 at 04:00 UTC, and it only accepts IMX deposits from the Ethereum network.
이뮤터블엑스(IMX) KRW 마켓 거래 지원 안내
✅ 지원 마켓 : KRW 마켓
📅 거래지원 개시 시점: 2023-07-28 13:00 KST🔗 공지 바로가기:https://t.co/DrR10QtbDG#Upbit #IMX pic.twitter.com/DOzAf2DU3J
— Upbit Korea (@Official_Upbit) July 28, 2023
What is Immutable (IMX)?
Immutable is a Layer 2 scaling solution on the Ethereum blockchain that specializes in NFT mining and trading and provides APIs and development tools for NFT and Web3 games.
IMX continues to trade at $0.7976 at the time of writing.
*Not investment advice.
