Immutable experiences 13% surge – potential for IMX to regain $1.5 billion market capitalization

IMX experienced a 13% price increase as inflows grew, pushing the number of holders to 97,100. This positive trend contrasts with low on-chain transaction activity, indicating off-chain factors play a crucial role in its value increase.

For IMX to achieve a $1.5 billion market cap, it must surpass the resistance level of $0.713. Current market dynamics show that while investors have accumulated significant assets, on-chain engagement remains stagnant.

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