This is behind the price rally of the gaming coin

Immutable is an Ethereum Layer 2 scaling solution designed specifically for blockchain gaming and NFTs. The project positions itself as a high-speed blockchain that serves as a platform for a wide variety of crypto games and is home to crypto games such as Illuvium, Guild of Guardians and Ember Sword, among others.

In the past few months, IMX, Immutable’s native token, has staged an impressive price rally. We reported on the potential of the gaming chain as early as December 2023. Immutable has now cracked the top 25 largest cryptocurrencies by market capitalization, leaving behind crypto heavyweights such as Monero (XMR) and CosmosHub (ATOM). But what is driving IMX’s current rally and what growth potential can still be expected in 2024?

In this article, we explore the reasons behind Immutable’s rise and examine the gaming platform’s future prospects:

  • What’s behind the hype about Immutable?
  • These promising game launches are coming up on Immutable
  • Why the first mass-market crypto game could be created on Immutable

What’s behind the hype about Immutable?

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