This article provides a comprehensive review of the historical prices and market fluctuations of Immutable X (IMX) since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 IMX tokens. It also addresses the key question, “Should I buy IMX now?” to help both beginners and long-term investors grasp the timing and growth potential.
Beginning of Bull Market and Early Market Cycles: Historical Price Review (2021 to 2022)
Immutable X is a Layer 2 (L2) scaling solution for NFTs on Ethereum, offering instant transactions, large-scale scalability, and gas-free minting and trading. IMX, as an ERC-20 utility token, is used to reward network activities, including trading, liquidity provision, and application development. According to CoinMarketCap, its early trading price was approximately $5.7.
Below are the price changes of IMX during the early bull market phase:
2021 Year
Opening Price: $5.7
Closing Price: $4.95
Highest Price: $7.98
Lowest Price: $4.5
Annual Return: -13.13%
2022 Year
Opening Price: $3.74
Closing Price: $0.38558
Highest Price: $4.14
Lowest Price: $0.38558
Annual Return: -89.69%
An investor who bought 10 IMX in 2021 and sold at the end of 2022 would face a potential loss of -34.49%.
Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2023 to 2024)
During this period, IMX’s price experienced significant volatility, with a strong rebound followed by another correction.
The potential returns for investors purchasing 10 IMX at different stages are as follows:
2023: -1.58% (Annual Return +373.24%)
2024: -16.10% (Annual Return -23.99%)
Recent Market Cycle: Should I buy IMX now? (2025 to 2026 so far)
In recent years, IMX has continued to fluctuate, requiring market participants to reassess its value and risks.
2025 Year
Opening Price: $1.22
Closing Price: $0.2737
Highest Price: $1.22
Lowest Price: $0.2243
Annual Return: -77.53%
2026 Year (so far)
Opening Price: $0.2681
Closing Price: $0.2925
Highest Price: $0.2925
Lowest Price: $0.2681
Annual Return: +9.1%
The potential returns for an investor buying 10 IMX during this period are:
2025: -9.25%
2026 so far: +0.24%
Conclusion: Bull Market, Bear Market, and Investment Timing Analysis
By analyzing IMX’s historical prices and potential returns, we observe an overall downward trend since 2021, with multiple bear market cycles. Long-term holders who invested at the beginning of 2021 have faced significant losses, and although there has been a slight recent rebound, the overall market remains low. When considering whether to buy IMX, investors should thoroughly evaluate its fundamentals as an NFT L2 solution and the overall risks in the crypto market.
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IMX Historical Price and Return Analysis: Should I buy IMX now?
Summary
This article provides a comprehensive review of the historical prices and market fluctuations of Immutable X (IMX) since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 IMX tokens. It also addresses the key question, “Should I buy IMX now?” to help both beginners and long-term investors grasp the timing and growth potential.
Beginning of Bull Market and Early Market Cycles: Historical Price Review (2021 to 2022)
Immutable X is a Layer 2 (L2) scaling solution for NFTs on Ethereum, offering instant transactions, large-scale scalability, and gas-free minting and trading. IMX, as an ERC-20 utility token, is used to reward network activities, including trading, liquidity provision, and application development. According to CoinMarketCap, its early trading price was approximately $5.7.
Below are the price changes of IMX during the early bull market phase:
2021 Year
2022 Year
An investor who bought 10 IMX in 2021 and sold at the end of 2022 would face a potential loss of -34.49%.
Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2023 to 2024)
During this period, IMX’s price experienced significant volatility, with a strong rebound followed by another correction.
The potential returns for investors purchasing 10 IMX at different stages are as follows:
Recent Market Cycle: Should I buy IMX now? (2025 to 2026 so far)
In recent years, IMX has continued to fluctuate, requiring market participants to reassess its value and risks.
2025 Year
2026 Year (so far)
The potential returns for an investor buying 10 IMX during this period are:
Conclusion: Bull Market, Bear Market, and Investment Timing Analysis
By analyzing IMX’s historical prices and potential returns, we observe an overall downward trend since 2021, with multiple bear market cycles. Long-term holders who invested at the beginning of 2021 have faced significant losses, and although there has been a slight recent rebound, the overall market remains low. When considering whether to buy IMX, investors should thoroughly evaluate its fundamentals as an NFT L2 solution and the overall risks in the crypto market.