What is the circulating supply of IMX?

IMX, the digital asset associated with Immutable X, is a notable entity within the cryptocurrency landscape. Its circulating supply, representing the total amount of IMX tokens currently in circulation, stands at an impressive 1.64 billion units.

The platform's native token, IMX, plays a pivotal role in facilitating transactions and powering various features within the Immutable X ecosystem. Its value is influenced by a multitude of factors, including market sentiment, adoption rates, and the overall performance of the platform.

This figure underscores the substantial adoption and circulation of IMX within the market, highlighting its growing popularity among investors and users alike.

Meanwhile, the maximum supply of IMX, which denotes the total number of IMX tokens that can ever be created, is capped at 2 billion units. This fixed limit serves as a key characteristic of many cryptocurrencies, aimed at maintaining scarcity and potentially driving up the asset's value over time.

Immutable X, as a platform, specializes in providing innovative solutions for the gaming and NFT (Non-Fungible Token) sectors. Its focus on scalability and low transaction fees has garnered significant attention from the industry.