Immutable Price (IMX)

Immutable is a decentralized platform that uses advanced technologies to create simple products for people around the globe. Immutable aims to become a platform where people can read and write content without the fear of privacy endangerment, censorship, or expenses.

According to the whitepaper, the platform plans to achieve its goals with the help of multiple blockchain networks such as Ethereum, Binance Smart Chain (BSC) network, InterPlanetary File System (IPFS), and many more. Immutable also intends to host all the data on IPFS for platform users. IPFS is a peer-to-peer file distribution system that aims to provide users access of all the browsers that are available on the market without installing any additional software.

The DARA token is the native token of the Immutable which is available on the Binance Smart Chain platform. And, BEP20 is the token standard of DARA, used for creating or issuing smart contracts on the Ethereum blockchain. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In addition, DARA is aiming to build a decentralized governance system to secure the ecosystem. 

Thirty-six percent of the total token supply is distributed in public sale whereas 10% of it goes to the DAO fund. A DAO is a type of organization that developers create to automate decisions and transactions. Moreover, 15% is distributed to the advisory fund and15% to the team fund. Twenty-one percent of the total token supply is kept locked in the DARA liquidity. And lastly, the remaining 3% will be utilized in marketing and promotion. Liquidity is the conversion of an asset into traditional currency without impacting the market price.

Gigamesh is the founder of Immutable, and Louis Miles is the project director. According to the whitepaper of Immutable, the platform has a maximum total supply of 42,000,000 DARA coins. Also, the whitepaper was published on July 30, 2021.

We update our Immutable to GBP currency in real-time. Get the live price of Immutable on Coinbase.

The current market cap of Immutable is £1.79B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Immutable is £7.56. This all-time high is highest price paid for Immutable since it was launched.

Over the last 24 hours, the trading volume of Immutable is £58.07M.

Assets that have a similar market cap to Immutable include Wrapped Bitcoin, Toncoin, Internet Computer, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Immutable is 1.7 billion.

The median time that Coinbase customers hold Immutable before selling it or sending it to another account or address is 80 days.

Immutable ranks 91 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 95% of Coinbase users are buying Immutable. In other words, 95% of Coinbase customers have increased their net position in Immutable over the past 24 hours through trading.

Yes, Immutable is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Immutable guide.