Immutable x hunt

[JangoUnchained]

Guys I am sure many of you are familiar with immutable x, if you dont it looks like the image below



It's all time high is 9$ and it's now 0.87$ but honestly I know how bad bear market can get in next two to three months, my brothers target to start buying this alt is 0.02$ do you think this price is possible? Mine is 0.1$, what do you think? Good altcoin?

[malcovi2]

took them many years to release something and its not even polished. They did a rushed job to sell something during the nft game hype.
There are too many Layer 2 around and their development is way faster compared to immutable x, I dont see why would people use this when there are better options to choose from.

[JangoUnchained]

Bump.

[Grim149x]

Maybe yes bro if the btc support will be broke and broke and broke so many times. Iff btc price drops all nft project will be crushed too.

[MAAManda]

After I looked at their website, it looks like Immutable is a potential project. They even became the first layer 2 for NFT on the Ethereum network. And it seems that buying target at $0.02 is impossible, even to touch the price of $0.3 will also be very difficult. If you've researched these projects, you know a lot about them. So if you think their project is good, what's the harm in buying from now on?

[casperBGD]

Bump.

you should bump topic every now and then, not every day or two
nevertheless, Immutable seems to be a good project, but bear market holds price declining and uncertainty

good projects are worth doing DCA during bear market, because it could turn up good in bull market, but you should DYOR about which project are good, and which aren't, Immutable has solid competition in L2 "big four" platforms

[GeePeeU]

Immutable X has become affiliated with Gamestop (the game retail company), So because if the corporate interest, I highly doubt the coin will see a low of USD 0.10.

Also, if a publicly traded company is utilizing the token, I'm sure there is potential. Gives way to more funding/development/adoption.

Here is an article about it.

https://finance.yahoo.com/news/gamestop-forms-partnership-immutable-x-120000870.html

[Xal0lex]

It's all time high is 9$ and it's now 0.87$ but honestly I know how bad bear market can get in next two to three months, my brothers target to start buying this alt is 0.02$ do you think this price is possible? Mine is 0.1$, what do you think? Good altcoin?

I remember this project on coinlist, one of the profitable projects in 2021 in terms of initial investment. The project brought its venture capitalists x50 last year. I continue to hold this project, I think it can update its ATH in the next bullrun. As far as buying now, the project could go even lower in value, with a loss in value of up to 95%. Right now the value loss is 88%, not a bad price to buy, but only a fraction, still a chance to wait for 40-60 cents on this project.