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This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Crypto investors are abuzz with speculation about Optimism (OP), Stacks (STX), and HedgeUp (HDUP) going into the 2023 summer.

How High Can Optimism (OP), Stacks (STX) and HedgeUp (HDUP) Go in Summer 2023?

As we stand on the brink of Summer 2023, crypto enthusiasts and investors are abuzz with speculation about the prospective profitability of three key players in the crypto sphere &#8211; Optimism (OP), Stacks (STX), and HedgeUp (HDUP). Each of these cryptocurrencies brings unique value to the table, and their potential for profitability this summer is ... <a title="How High Can Optimism (OP), Stacks (STX) and HedgeUp (HDUP) Go in Summer 2023?" class="read-more" href="https://coinfomania.com/how-high-can-hedgeup-hdup-go-in-summer-2023/" aria-label="Read more about How High Can Optimism (OP), Stacks (STX) and HedgeUp (HDUP) Go in Summer 2023?">Read more</a>

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Immutable X (IMX), started in 2021 by brothers James and Robbie Ferguson, is a crypto for NFTs and blockchain gaming. Built as a layer-2 on Ethereum, it makes NFT trades quick, cheap, and safe. With 2 billion IMX tokens, it fuels a network for Web3 games and digital treasures. In 2025, it’s a top 100 crypto with a market value of around $1.1 billion, pushing the future of NFT gaming. How Does Immutable X Work? Immutable X’s blockchain lets users swap NFTs without big fees or waits. Digital wallets handle buying, selling, or trading NFTs, with transactions processed off Ethereum’s main chain using zero-knowledge rollups (zk-rollups). These pack lots of trades into one, updating the blockchain in seconds—quicker than Ethereum’s 15-second blocks. This makes NFT trading quick and gas-free. Operators earn IMX for processing trades, and token holders can stake IMX to share network fees or vote on changes. Immutable X and Other Cryptocurrencies Immutable X shares Ethereum’s security but focuses on NFTs, unlike Ethereum’s broad smart contract platform or Litecoin’s payment system. Its zk-rollup tech differs from Polygon’s sidechains or Solana’s high-speed blockchain, prioritizing gas-free NFT trades. Compared to Flow, another NFT-focused chain, Immutable X benefits from Ethereum’s ecosystem. It complements Bitcoin’s store-of-value role by enabling scalable NFT markets, especially for gaming, with partnerships like Ubisoft boosting its edge. Technology Behind Immutable X Immutable X powered by layer-2 network on Ethereum, using ZK-rollups blockchain network to handle 9,000 transactions per second, much faster than Ethereum’s 15. Powered by StarkWare’s STARK tech, it offers quick, secure trades with no fees. The “Link” layer simplifies wallet use, and REST APIs make minting or trading NFTs easy for developers. In 2025, the planned merger with Immutable zkEVM unifies its chains, enhancing gaming scalability. Runes support adds NFT-like features. Is Immutable X a Good Investment? Immutable X’s price jumps around, hitting $9.52 in November 2021 but dropping to $0.61 in April 2025. Its NFT and gaming ties draw buyers, but market ups and downs and rivals bring risks. Predictions for 2025 range from $0.27 to $3.27, with some seeing $9.77 by 2030 if NFT gaming booms. Investors should spread bets, study IMX’s Web3 role, and talk to experts, as its worth relies on trends and user growth. Legal and Regulatory Consideration 2025 In 2025, Immutable X faces evolving crypto rules. The U.S. SEC views IMX as a token, not a security, avoiding strict laws after closing its investigation in 2024. However, President Trump’s March 2025 crypto reserve plans favor Bitcoin and Ethereum, potentially overshadowing IMX. In the EU, MiCA rules raise compliance costs, slowing growth. Hopes for IMX ETFs persist, but SEC approval is uncertain, impacting its market path. Investors should monitor regulations closely. How to Buy and Trade Immutable X? Purchasing IMX: Traders can buy IMX on platforms like Binance, Coinbase, or Gate.io by creating an account, confirming their identity, and adding money (cash or crypto like Bitcoin).  They choose to buy IMX at the current price or set a specific price to purchase later. Trading Options: Traders can hold IMX for long-term gains or trade it short-term by studying price trends with tools like RSI to guess market shifts. Checking platform fees, such as Binance’s trade costs, helps keep expenses low. Tips for New Users: Beginners should start with small amounts to learn safely, use well-known exchanges to avoid scams, and check if the platform limits how much IMX they can withdraw. Staying Safe: Ensuring the exchange is secure protects against fraud, so every trader should verify the crypto reputation and keep their account details private. Immutable X Wallets and Security Safe Storage Options: A person can keep IMX in hardware wallets like Ledger or Trezor, which store coins offline, perfect for large amounts. Software wallets, such as MetaMask or Trust Wallet, work on phones or computers for easy access but face hacking risks. Exchange Wallets: Storing IMX on platforms like Coinbase or Binance is simple but less safe, as exchange attacks could lead to losses. Security Steps: To protect IMX, a person should save private codes securely, use strong passwords, and turn on two-factor authentication (2FA) for extra safety. Avoiding Losses: Losing private codes means losing IMX forever, so a person must store backups in a safe place, like a locked box, to stay secure. How to Secure Your Immutable X Holdings? To protect IMX, users should store most in cold wallets (hardware or paper) offline to block hackers. Hot wallets (software) suit frequent trades but need 2FA and updates. Never share private keys, and keep backups in safe places like a vault. Avoid public Wi-Fi for transactions and verify wallet trustworthiness. Multi-signature wallets add security by requiring multiple approvals. Staying alert to hacking news keeps IMX safe. Immutable X Adoption and Use Cases Immutable X runs over 500 games, like Gods Unchained and Guild of Guardians, and teams up with Ubisoft’s 130 million users. It handles NFT trading, game items, and digital goodies with zero gas fees. In 2025, Immutable zkEVM processes $26.64 million in NFT volume, outpacing Solana. Its marketplace and APIs attract developers, making it a hub for Web3 gaming. Posts on X praise its scalability and adoption. Key Use Cases: Trading NFTs: Users buy, sell, and swap digital collectibles, like game cards or art, without paying gas fees. Gaming Assets: Players own and trade in-game items, such as weapons or skins, in titles like Illuvium. Digital Collectibles: Brands like Ubisoft create unique digital items, like event passes or avatars, for fans. Web3 Marketplaces: Developers build marketplaces for NFT trading, using Immutable’s shared order book for smooth sales. Immutable X’s Future Outlook &amp; Growth Potential Immutable X’s 2025 outlook is mixed. Its price could hit $3.27 if gaming adoption and zkEVM merger succeed, but bearish forecasts see $0.27 amid NFT market dips. By 2030, some predict $9.77 with broader Web3 gaming growth. Partnerships with GameStop and Tencent strengthen its position, but rivals like Flow challenge its niche. Regulatory clarity and NFT demand will drive its future, with a $200 million cash reserve ensuring growth. Pros and Cons of Investing in Immutable X Pros Zero Gas Fees: Free NFT minting and trading. High Speed: Processes 9,000 transactions per second. Gaming Focus: Powers 500+ games with major partnerships. Ethereum Security: Inherits Ethereum’s robust protection. Cons Price Volatility: Big swings risk losses. Competition: Rivals like Flow and Polygon compete. Regulatory Risks: EU and U.S. rules could limit growth. NFT Dependence: Value tied to NFT market trends. Final Thoughts In 2025, Immutable X shines as a top layer-2 for NFT gaming, delivering quick, no-cost transactions on Ethereum. Its partnerships and zkEVM upgrade show big Web3 promise, but price swings and rivals pose risks. Investors must dig in, spread bets, and watch laws. Immutable X’s dream of fast, safe NFT gaming is thrilling, but it needs more users and a strong place in the fast-moving crypto world.

IMX Archives

IMX Archives | Coinfomania

The crypto market experienced a tough reshuffling in January after the launch of spot Bitcoin ETFs. While many expected a price surge, the opposite was the case. Only top altcoins like Immutable and KangaMoon have recovered from the sell-off. Others, like The Sandbox, are still trading in the red. Immutable (IMX) Soars After Launching Early ... Read more

Immutable and KangaMoon Leads Market Rally As The Sandbox Battles Bearish Pressure

The crypto market experienced a tough reshuffling in January after the launch of spot Bitcoin ETFs. While many expected a price surge, the opposite was the case. Only top altcoins like Immutable and KangaMoon have recovered from the sell-off. Others, like The Sandbox, are still trading in the red. Immutable (IMX) Soars After Launching Early ... <a title="Immutable and KangaMoon Leads Market Rally As The Sandbox Battles Bearish Pressure" class="read-more" href="https://coinfomania.com/immutable-and-kangamoon-leads-market-rally/" aria-label="Read more about Immutable and KangaMoon Leads Market Rally As The Sandbox Battles Bearish Pressure">Read more</a>

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KangaMoon has achieved a milestone, raising close to $100K in its ongoing presale so far. PepeFork and Sui are emerging as top altcoins.

KangaMoon (KANG) Close to $100K in Stage 1 of Its Presale, PepeFork (PORK) and Sui (SUI) Seen As Top Altcoins

KangaMoon (KANG) has made a considerable splash, raising close to $100k in Stage 1 of its ongoing presale. The community-driven meme coin is holding its own against altcoins like PepeFork (PORK) and Sui (SUI). Some analysts even pegged this rookie as the next 100x crypto in 2024. Let’s find out why. KangaMoon (KANG): Stellar Crypto ... <a title="KangaMoon (KANG) Close to $100K in Stage 1 of Its Presale, PepeFork (PORK) and Sui (SUI) Seen As Top Altcoins" class="read-more" href="https://coinfomania.com/kangamoon-kang-close-to-100k-in-stage-1-of-its-presale/" aria-label="Read more about KangaMoon (KANG) Close to $100K in Stage 1 of Its Presale, PepeFork (PORK) and Sui (SUI) Seen As Top Altcoins">Read more</a>

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RenderToken

RenderToken Archives

RenderToken Archives | Coinfomania

Over the last few weeks, there has been a constant upward trend in the cryptocurrency market. As usual, Bitcoin has led the market surge, but Render Token (RNDR) has seen even greater gains, rising nearly to its all-time high. Beam (BEAM), another altcoin, has drawn interest from investors due to its enormous increases. KangaMoon (KANG), ... Read more

Render Token (RNDR) Poised To Break All-Time High, While Beam (BEAM) and KangaMoon (KANG) Gain Momentum

Over the last few weeks, there has been a constant upward trend in the cryptocurrency market. As usual, Bitcoin has led the market surge, but Render Token (RNDR) has seen even greater gains, rising nearly to its all-time high. Beam (BEAM), another altcoin, has drawn interest from investors due to its enormous increases. KangaMoon (KANG), ... <a title="Render Token (RNDR) Poised To Break All-Time High, While Beam (BEAM) and KangaMoon (KANG) Gain Momentum" class="read-more" href="https://coinfomania.com/kangamoon-kang-gaining-momentum/" aria-label="Read more about Render Token (RNDR) Poised To Break All-Time High, While Beam (BEAM) and KangaMoon (KANG) Gain Momentum">Read more</a>

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Guest Author

SW DAO is evolving to improve its user experience. Transparency reporting gives users and the general public access to critical information about how a company operates. Being a provider of DeFi investment products that allocate capital based on machine learning and quantitative methods, SW DAO puts transparency reporting in their priorities. Their Q1 2022 report ... Read more

SW DAO Showcasing New UI/UX Improvements in Q1 Report

SW DAO is evolving to improve its user experience. Transparency reporting gives users and the general public access to critical information about how a company operates. Being a provider of DeFi investment products that allocate capital based on machine learning and quantitative methods, SW DAO puts transparency reporting in their priorities. Their Q1 2022 report ... <a title="SW DAO Showcasing New UI/UX Improvements in Q1 Report" class="read-more" href="https://coinfomania.com/sw-dao-ui-ux-improvements/" aria-label="Read more about SW DAO Showcasing New UI/UX Improvements in Q1 Report">Read more</a>

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Being backed up by over 500 universities due to its unique approach towards students and cryptocurrencies, Student Coin succeeded in selling all its STC tokens dedicated to the ICO.  Although the Launchpad was intended to last until April 30th, the 150th phase ended nine days sooner due to popular demand for the STC token. Therefore, ... Read more

The STC Token is Live - And Over 10 Crypto Exchanges are Ready for it

Being backed up by over 500 universities due to its unique approach towards students and cryptocurrencies, Student Coin succeeded in selling all its STC tokens dedicated to the ICO.  Although the Launchpad was intended to last until April 30th, the 150th phase ended nine days sooner due to popular demand for the STC token. Therefore, ... <a title="The STC Token is Live &#8211; And Over 10 Crypto Exchanges are Ready for it" class="read-more" href="https://coinfomania.com/the-stc-token-is-live/" aria-label="Read more about The STC Token is Live &#8211; And Over 10 Crypto Exchanges are Ready for it">Read more</a>

The STC Token is Live &#8211; And Over 10 Crypto Exchanges are Ready for it

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As speculation grows around whether Optimism will pump higher, investors are keeping a close eye on other standout opportunities, with Tradecurve and Maker being particular favorites. Notably, Tradecurve has also pumped by 150% during a presale of its token, giving investors the chance to purchase tokens at a discounted rate. Let&#8217;s take a closer look ... Read more

Will Optimism Pump Higher? Tradecurve and Maker Remain Investor Favorites

As speculation grows around whether Optimism will pump higher, investors are keeping a close eye on other standout opportunities, with Tradecurve and Maker being particular favorites. Notably, Tradecurve has also pumped by 150% during a presale of its token, giving investors the chance to purchase tokens at a discounted rate. Let&#8217;s take a closer look ... <a title="Will Optimism Pump Higher? Tradecurve and Maker Remain Investor Favorites" class="read-more" href="https://coinfomania.com/tradecurve-and-maker-remain-investor-favorites/" aria-label="Read more about Will Optimism Pump Higher? Tradecurve and Maker Remain Investor Favorites">Read more</a>

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Beginner Guides

Find easy to understand crypto guides on Coinfomania covering the basics of Bitcoin, blockchain technology and altcoins.

Nwani Mishael

Soulbound tokens (SBTs) are blockchain-based tokens that are non-transferable and can be publicly visible.

What Are Soulbound Tokens (SBTs)? The Next Big Thing in Crypto?

Soulbound tokens (SBTs) are blockchain-based tokens that are non-transferable and can be publicly visible. Such tokens can represent credentials such as your educational certificate, birth certificate, and national identity.  SBTs can also be affiliations, commitments, and memberships that serve as proof that you work or have worked with an organization or attended a conference. It ... <a title="What Are Soulbound Tokens (SBTs)? The Next Big Thing in Crypto?" class="read-more" href="https://coinfomania.com/what-are-soulbound-tokens/" aria-label="Read more about What Are Soulbound Tokens (SBTs)? The Next Big Thing in Crypto?">Read more</a>

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Famous Blockchain Firm Has Exposed SEC’s Archaic Stance On Crypto

News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Samik Ghoshal

Samik Ghoshal is a versatile writer with a special knack for blockchain technology, which brings a nuanced perspective to his work. His analytical skills and passion for cryptocurrencies made him a critical writer nurturing the world of NFTs, DeFi, and Web3 developments. Accuracy and enthusiasm to understand the crypto market sets his value for each informative content.

Consensys just submitted a formal appeal lambasting the SEC’s amendment to redefine the Crypto Landscape. Read more to find out.

SEC has made some decent headways in reshaping the landscape into more crypto-friendly. However, it seems like a lot of work still needs to be done. A few hours back, Consensys submitted a formal appeal to the U.S. Securities and Exchange Commission or SEC to remove proposed amendments to redefining “exchange” under U.S. securities laws. ... <a title="Famous Blockchain Firm Has Exposed SEC’s Archaic Stance On Crypto" class="read-more" href="https://coinfomania.com/sec-rule-could-crush-us-crypto-consensys-warns/" aria-label="Read more about Famous Blockchain Firm Has Exposed SEC’s Archaic Stance On Crypto">Read more</a>

SEC Rule Could Crush U.S. Crypto, Consensys Warns!

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Bybit Attackers Have Just Been Identified & It Is Not Good

ZachBXT just revealed the attacker's name who managed to siphon 1.4 US Dollars worth of digital assets from Bybit. Read more to find out.

Bybit Attackers Have Just Been Identified &amp; It Is Not Good

On Friday, Bybit was hit with one of the biggest scams in the industry, where hackers managed to siphon $1.4 billion in crypto assets. This immediately sent shivers across the ecosystem. Many experts commented on the activity, along with Bybit CEO assuring that the users need not worry about it as the company has got ... <a title="Bybit Attackers Have Just Been Identified &amp; It Is Not Good" class="read-more" href="https://coinfomania.com/bybit-hackers-unmasked-and-the-truth-is-alarming/" aria-label="Read more about Bybit Attackers Have Just Been Identified &amp; It Is Not Good">Read more</a>

Bybit Hackers Unmasked – And the Truth Is Alarming!

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