IMX surges 15% after Immutable says SEC ended probe

The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action.The Immutable IMX IMX - $0.457394873266493 token rose around 15% on March 25 to reach just under $0.74 shortly after the firm announced that the SEC shut its inquiry without any breach of violations, which Immutable said closed “the loop on the Wells notice issued by the SEC last year.” IMX IMX - $0.457394873266493 matched crypto market downtrend It is the highest price that IMX IMX - $0.457394873266493 has reached since March 3, before a broader market decline — driven by prolonged uncertainty over US President Donald Trump's tariffs and US interest rates — pushed it down to $0.46 on March 11.

Source: cointelegraph.com

Related symbols: IMXUSD

2025-03-26 06:12:02 GMT.

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Price & Market Data

Price: $0.457394873266493

Volume 24h: $52,858,965.62

Market Cap: $820,033,429.85

Description

Immutable (IMX) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Immutable has a current supply of 2,000,000,000 with 1,792,834,764.38981415 in circulation. The last known price of Immutable is 0.45855634 USD and is down -1.19 over the last 24 hours. It is currently trading on 355 active market(s) with $52,761,849.47 traded over the last 24 hours. More information can be found at https://www.immutable.com/.