Immutable X Up By 12.65% – Time To Buy IMX Coin?

• Immutable X partnership with PlanetQuest woos investors to buy IMX as the network launches an NFT game Universe
• Eterlast partners with Immutable X to be Europe’s first NFT studio to bring media and sports rights to the metaverse
• Mintable app to support minting NFTs on Immutable X protocol

Immutable X is on the uptrend and presents a great opportunity for investors to buy IMX. Despite losing 13.69% in the last seven days, the premier layer two scaling platform for non-fungible tokens (NFTs) on Ethereum has gained 12.65% in the last 24 hours and looks on course to retain this momentum.

Immutable X Partners With PlanetQuest To Launch NFT Game Universe

PlanetQuest has joined forces with immutable X in a bid to bring an amazing gaming experience to its thriving community. NFTs have become a major stay of the crypto economy recently, with Immutable X being a strong player in the NFT market.

PlanetQuest wants to offer users a game experience that is more than just a play-to-earn game. The developers want to build a cinematic gaming universe because they believe that the metaverse is the future of gaming.

Gamers in this blockchain-powered game universe will be able to own NFT-represented entire planets that are upgradeable. They can also invite their friends to share and participate in the exciting virtual world games.

In the course of the game, players will be able to win the game’s ERC-20 token and earn different collectibles like gears and other weapons. The partnership between PlanetQuest and Immutable X will enable players to buy, sell, borrow, and trade collectibles without having to pay gas fees.

Moreover, PlanetQuest operates a fully decentralised storyline, allowing gamers to vote on decisions regarding the plot and future of the PlanetQuest universe. Community members can contribute to the direction of the storyline.

Eterlast Joins Forces With Immutable X To Bring Media And Sports Rights To The Metaverse

Eterlast announced a partnership with Immutable X. Eterlast would leverage this partnership to create unique NFT experiences that will feature many well-known celebrities from films, music, sports, and even television shows.

With this partnership, media content producers and sports brands will utilise the great opportunities NFTs offer to expand their reach, monetise their content by creating digital assets that fans love. Immutable X will ensure the digital collectibles remain decentralised, secure, and tradable on all NFT marketplaces.

With Eterlast, fans can become more involved and contact their favourite sports teams and media personalities. This partnership will receive huge cheers from stakeholders who will benefit from this exciting opportunity.

Immutable X is a preferred destination for many projects that want to launch in the NFT markets because of zero gas fees, instant trades, and carbon-neutral NFT.

Mintable App to Provide Support For NFTs on Immutable X

Mintable app has announced a partnership with Immutable X. The partnership will see over 24 million NFTs on Immutable X made available for sale on Mintable. Users will deposit ETH and ERC-20 tokens with instant confirmation and no gas fees.

Immutable X will guarantee the security of the digital collectibles while also ensuring that NFT activities on its network protocol are carbon neutral. However, this does not mean NFT activities will be without carbon emission, but that carbon credits will be purchased to offset any gas consumed on Ethereum.

In other news, Immutable X will soon be listed on one of the world’s largest crypto exchanges, Binance.

Technical Analysis of Immutable X- Immutable X Bulls take Over

Immutable X is trading above the 20-day exponential moving average (EMA) of $3.91, indicating that the digital asset is on a bullish run.

Investors who want to buy IMX can place a buy order at $4 to enter the market and ride the market till $5.2, where they should take profit. A stop-loss can be set at $4.3.

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