IMX "Unlocking Potential: The Perfect Entry Point for Profits

**Short Fundamental:**

Immutable X (IMX) is a layer-2 scaling solution for Ethereum that is designed to enable gas-free trading of NFTs. IMX is built on top of StarkWare's STARK technology, which allows for thousands of transactions to be bundled together and processed off-chain, before being finalized on the Ethereum mainnet. This significantly reduces the cost and transaction time associated with trading NFTs on the Ethereum blockchain.

**Recent News:**

* On November 3, 2023, Immutable X announced that it had raised $200 million in a Series C funding round led by Temasek. This brings the total amount of funding raised by Immutable X to over $450 million.
* On November 2, 2023, Immutable X announced that it had partnered with GameStop to launch a new NFT marketplace for video games. The marketplace is expected to launch in early 2023.
* On October 31, 2023, Immutable X announced that it had integrated with MoonPay, a fiat-to-crypto onramp provider. This allows users to purchase IMX tokens directly with fiat currency, such as USD and EUR.

**Disclaimer:**

This article is not financial advice. Please do your own research before investing in any cryptocurrency.