ImmutableX (IMX) has been experiencing an impressive surge in trading activity over the last few days, as news of a highly successful NFT collection launch on its platform has attracted widespread attention from investors and NFT enthusiasts alike.
Cross The Ages, a new blockchain-based trading card game, recently launched its first NFT collection on ImmutableX’s marketplaces, and the results have been nothing short of impressive.
In less than 24 hours, the collection managed to achieve an astounding 750,000 sales, propelling it to the top 3 most traded collections on the platform.
This impressive performance has resulted into a 20% upswing in ImmutableX (IMX)’s value over the last 24 hours, with trading volumes growing by a staggering 200% in the same period.
According to the latest data from CoinMarketcap, ImmutableX (IMX) is trading at $1.16, with an 8% increase in the last seven days. Additionally, the token’s market cap is up by 12.34% in the previous 24 hours.
Crypto had a rough year in 2022, especially for IMX. Starting off at a high of $5.06 on 2 January, it quickly dropped to a low side. However, a series of market crashes caused it to hit a low of $0.6366 on 14 June.
There were brief recoveries, but the collapse of the FTX exchange brought the price down again to $0.3781 on 21 November. Despite reaching a high of $0.5151 on 5 December, it ended the year trading at around $0.43.
As per the data from CoinGecko, the token has shown a significant recovery in 2023, with an impressive growth of 101.9% in the last 30 days. However, for this bullish trend to continue, the token will need to surpass its crucial resistance level of $1.40. Conversely, the token’s main support level stands at $0.85.
NFT Collection On ImmutableX Marketplace
The launch of Cross, The Ages, has sparked a flurry of activity on ImmutableX’s platform, with investors and traders flocking to take advantage of the growth potential offered by this exciting new blockchain-based game.
According to a press release, one of the Foil S Rank cards, named Sarash, was sold for 75K USDC, which is one of the most unique and valuable characters from the game.
The game is set in a dystopian clash of worlds, based on seven fantasy and science fiction novels, and is designed as a mobile-first collectible NFT and digital trading card game.
Head of Partner Success at Immutable, Shirley Anderson, commented that the volume of transactions taking place within the first 24 hours is a testament to the popularity of the project and the game.
Cross The Ages had a pre-sale of NFT premium packs for gamers to access the beta version, which was successfully completed last year.
The game has gained the interest of players looking to compete in the game, as well as join their scholarship program, with the Golden Legacy Pack, one of the rarest packs in the game, being sold for 37.5 Ether ($57,000) on the third day of the marketplace launch.
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