Daily Top Mover — Immutable X (IMX)
U.S. equities climbed at market open but ended up in red. The broader cryptocurrency declined, with Bitcoin and Ether down by 1.38% and 1.63% respectively in the past 24 hours as of the time of writing. The top mover today is IMX, which registered a 24-hour return of 7.8%, outperforming the market as Immutable X newly turns Unity-verified.
IMX is the native token of Immutable X, a Layer 2 solution built with StarkWare. The solution provided by Immutable X enables games and NFT marketplaces to trade faster and cheaper than Ethereum Mainnet. Gods Unchained, a blockchain game, has been the most active and popular game on Immutable X so far. The recent surge of IMX came as Immutable X becomes one of the verified solutions by Unity Software, accessible to 1.5 million monthly game developers from Unity. The partnership was formed as part of Unity’s efforts to offer web3 solutions, where Unity also supports 13 other chains. The integration between blockchains and Unity’s SDK will offer seamless experiences for game developers, who can conveniently bring their designed games to any supported chains.
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Check Out the Latest Prices, Charts, and Data for IMX/USDT!
*PRIME/USDT will be listed on Bybit starting Mar 1, 2023, so stay tuned!*
Talk of the Town
Yuga Labs, the creator of Bored Ape Yacht Club, announced to debut its first Bitcoin-based NFT project, TwelveFold, this week. A limited collection of 300 generative art NFTs will be released, while the auction method is to be further detailed. TwelveFold marks a new milestone in Yuga Labs’ development roadmap because it is the first non-Ethereum collection, the first generative art collection, and the first collection with less than a thousand pieces. As another inscription NFT using Ordinals’ toolsets, TwelveFold is likely to spur more investors’ interest in Bitcoin’s NFT development.
Check out what else is buzzing in the crypto scene today:
Ethereum’s Sepolia testnet has successfully undergone an upgrade simulating the upcoming Shanghai hard fork. (Link)
Coinbase will suspend trading of Binance USD (BUSD) starting March 13, 2023. (Link)
Source: Bybit Blog | IMX Soars on Unity Verification; Yuga Labs Debuts Bitcoin-Based NFT
