[ad_1] Nonfungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse. One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 scaling solution for the Ethereum network designed to offer near-instant transactions and zero gas fees for minting and trading. Data from Cointelegraph Markets Pro and TradingView shows that the price of IMX has climbed 69.6% since hitting a low of $1.09 on March…
Read MoreImmutable X gains 50% following the close of a $200M fundraising round
