Immutable (IMX) Re-enters Crypto’s Top 100 Club: Is This Just the Beginning?

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TL;DR

  • IMX went on a double-digit joyride, possibly thanks to the buzz surrounding Immutable’s TOKEN2049 appearance in Singapore.
  • Experts predict it could rally above $1, but with an RSI over 70, a minor dip before that might be in the cards.

Crypto’s New VIP Member

The last 24 hours? Well, let’s just say they were a *bit* underwhelming in the crypto world. Most of the heavy hitters stayed as still as statues, barely twitching in price.

But hold your horses-Immutable (IMX) isn’t about to follow the crowd. It jumped by a glorious 12%, hitting $0.75, the highest it’s been since May. Of course, it’s cooled off slightly to $0.70 (according to CoinGecko), but hey, it was fun while it lasted!

IMX’s market cap, which was just flirting with the $1 billion mark in early September, shot up to nearly $1.4 billion, securing its spot as the 99th largest crypto on the market. Guess who’s back in the top 100 club?

This rally hasn’t been a fluke. The announcement that Immutable will be attending TOKEN2049 in Singapore-one of the largest global crypto conferences-may have added fuel to the fire. The event, set for October 1-2, will feature speakers like Eric Trump (yes, *that* Eric), F1’s Lando Norris, BitMEX’s Arthur Hayes, and Binance’s Richard Teng. Big names, big stage, big potential for IMX!

More Gains or a Tiny Setback?

Some analysts are eyeing IMX with stars in their eyes. CryptoBull_360 on X predicts a “further bullish wave” past $1, provided it holds steady above $0.65. CryptoDoc (aka Gem Hunter) shares the same optimistic view, expecting a climb to $1 in the coming weeks. Oh, and a *little* bit of bragging:

$imx is inevitable
Already 30% up from the signal.

1$ in the next couple of weeks.$avax next

– CryptoDoc (Gem Hunter) (@cryptodoc_) September 16, 2025

But, of course, every rocket has its turbulence. IMX’s RSI (Relative Strength Index) is soaring above 70, which usually means it’s more overbought than a Black Friday sale. According to the charts, this could signal a pullback-just a little dip before the next surge. But hey, who doesn’t like a bargain?

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2025-09-16 21:31