Immutable X Token (IMX) | Price Prediction | 180% APR
IMX is the native token for Immutable X, a blockchain protocol that employs zero-knowledge rollups to scale Non-fungible tokens (NFTs) on Ethereum. For users, it provides gas-free, faster transactions when trading and minting NFTs. For developers, IMX acts as both a utility and a governance token within the Immutable X ecosystem.
A key factor behind Immutable X's rapid rise in popularity is its commitment to ensuring user security while delivering scalability for NFT minting and trading.
IMX Price on ReHold
ReHold uses Chainlink, a decentralized oracle network, to determine the price of IMX/USD, just as it does for other cryptocurrencies. Decentralization in IMX/USD price determination provides several advantages. It ensures that problems, like price manipulation, spikes, and slippages found in centralized exchange (CEX) products are avoided.
How to earn passive income on IMX
ReHold offers a unique DeFi earning solution through Dual Investment. Dual Investment enables users to earn up to 180% APR on pairs such as IMX/USDT, IMX/USDC, and IMX/DAI. By staking their IMX tokens on ReHold, users can securely earn passive income without actively trading.
Immutable X Token Price Prediction
Forecasting the future price of IMX is challenging due to constant changes in news, updates, and market volatility. However, as IMX's utility in NFT transactions grows and it is increasingly used as rewards for users and developers, its demand may rise, potentially driving up its price. Historically, since its launch in 2021, IMX has maintained a bearish trend with no signs of turning bullish. It's also crucial to recognize that shifts in the broader cryptocurrency market can significantly influence the price of IMX, so staying updated on market developments is essential.
The value of IMX is closely linked to its adoption and the implementation of Immutable X’s solutions. As more developers use Immutable X for scaling their NFT projects, the demand for IMX climbs, enhancing its market value. In addition, as a utility token, supply and demand play a crucial role as well.
180% APR on IMX Duals
ReHold offers Dual Investment on Immutable X token, enabling investors to earn up to 180% APR on pairs: IMX/USDT, IMX/USDC, and IMX/DAI. With Dual Investment, investors can earn passive income on their investments.
How to Earn 180% APR on Immutable X Token (IMX)
If you're interested in earning passive income on Immutable X token, ReHold offers a unique earning solution. You can earn a 180% APR on pairs such as IMX/USDT, IMX/USDC, and IMX/DAI using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:
- Connect Your Wallet Open the ReHold App and connect your Web3 wallet. Choose a Web3 wallet compatible with one or more of these networks: BNB Chain, Polygon, Avalanche, Optimism, and Arbitrum.
- Choose the IMX Dual Asset Select the dual you need: IMX/USDT, IMX/USDC, and IMX/DAI. You can start a dual investment with each token of the pair.
- Choose a Staking Period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
- Choose the Start Token Select the start token and the amount you want to invest. You can use the IMX token with the USDT, USDC, or DAI of the dual asset.
- Approve the token To start a dual Investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
- Start Your Dual Click “Start Now” to create your IMX dual and receive your reward after the staking period. That's it! After the staking period ends, you can either withdraw your assets or start a new Dual Investment. Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically restart when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.
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