More than $1bn traded on ImmutableX in 5 days ! $IMX future moonshot?
Hello HODLers,
If you have been following me, I have been shilling the Gods Unchained game and the ImmutableX Layer2 !
I am very bullish on #GameFi as we call it nowadays and I believe $IMX has what it takes to be NFT and GameFi home.
>$1bn traded on ImmutableX in the first 5 days !
Main UIs to browse on ImmutableX
I would say https://tokentrove.com/ is the best UI out there where you can look for NFTs and GameFi items quite easily.
You can also track your sales and other activity in a few clicks. They keep adding new projects as many are joining the IMX ecosystem.
Below is the official ImmutableX Marketplace but I find it less convenient and harder to navigate through. Nevertheless, this is where I can see my $GODS or $IMX tokens and decide to withdraw them to the Ethereum Mainnet.
I expect more NFTs browsers/UIs to pop-up as the platform becomes popular. I also believe $GODS/$IMX staking would take place on ImmutableX official platform.
$IMX price action
With a few hundreds dollars I have actively been trading $IMX on FTX.
I have bought almost at the bottom (got lucky I guess around $3.22) and sold around $5.6-5.7.
This is really helpful for me as it helps me cope with being a HODLer, I know I will make no meaningful profit that way but it makes me active and not touch my $IMX stack that I aim to keep until they announced staking and I can get some of these juicy ImmutableX fees for myself hehe.
Unfortunately, I have no idea about the timeline for this. If it reaches $10-12 I might sell 20% of my stack to reinvest in some stablecoin farms and be more relax about my wealth.
See ya in a bit at HiveFest !
Latest Analysis
Posted Using LeoFinance Beta
IMX and GODS will be automatically staked if they are held in your Immutable X wallet (L2 of Ethereum). Currently, the only way to get there is via Ethereum L1... so, only the airdrops start there. Alternatively, there were also the token sales on Coinlist which have started their unlocking (for IMX at least...)... but they are on L1.
Thanks for this feedback
Thank you for this information. I did not know it. Is there any date on the “start” of staking ?
Posted Using LeoFinance Beta
No, I'm afraid that I didn't pay attention to that part. I will see if I can find the info later.
I'm still in dilemma what to do with these tokens :)
IMX has a max supply of 2B, and the current one is around 200M.
Well… I do believe IMX could be big considering its partnerships with a lot of crypto and non crypto brands.
But the valuation is quite spicy when you take the total supply.
So I am also conflicted hehe 😉 .
Did you act since your wrote this comment ?
Posted Using LeoFinance Beta
well done! I got my 3 GODS tokens from the airdrop :)
You mean the weekly event ?
Posted Using LeoFinance Beta
yeah, 8 weeks weekly airdrop ;)
I expect a lot from Guilds of Guardians because it seems that you can also play on mobile
Yep, I feel like I will regret to not buy some items/tokens…
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