2025-9-16 21:01 |
Whale buys and rising turnover are fueling the Immutable (IMX) trading momentum. Ubisoft and Netmarble deals have boosted Immutable’s gaming profile. Breakout pattern points to a possible push toward $1.00 for IMX’s price.
Immutable’s native token, IMX, is staging a sharp rebound after months of weakness that had left the cryptocurrency lagging behind much of the market.
The token, which has traded sideways for much of the year, has broken out of a prolonged downtrend and is now attracting renewed attention from traders, whales, and major gaming partners.
At press time, the altcoin was trading at around $0.71 with a market capitalisation of nearly $1.38 billion.
This marks a significant recovery from its recent lows, although it still sits nearly 93% below both its 2021 peak of $5.75.
Whales stir the marketOne of the clearest signals of renewed confidence in IMX has come from large investors.
On September 13, on-chain data revealed that a whale purchased 4.55 million IMX tokens, worth about $3.2 million at the time.
That move coincided with a 23% jump in large transactions and effectively ignited the current rally.
Whale activity overall has surged by more than 360% in recent weeks, underlining the return of big money to the token.
Such heavy buying not only adds liquidity but also signals conviction that IMX has more upside ahead.
With the token’s 24-hour turnover ratio hovering around 6.2%, trading activity has been robust enough to support the surge without signs of weakening momentum.
If the whale wallets continue to hold rather than take profits, the token could sustain its upward trajectory in the near term.
Gaming partnerships boost Immutable (IMX) credibilityBeyond trading dynamics, Immutable is also riding a wave of optimism fueled by major gaming partnerships.
Ubisoft, one of the biggest names in global gaming, recently announced the debut of its Might & Magic Fates trading card game on Immutable Play, using Immutable’s zkEVM technology for gas-free NFT transactions.
The move was showcased at Gamescom 2025, underscoring the studio’s commitment to exploring Web3 gaming through Immutable’s infrastructure.
Netmarble has also partnered with Immutable in a deal that allows creators to promote upcoming titles, including those linked to the popular Solo Leveling franchise.
Solo Leveling has just been onboarded to Netmarble's NPC M creator program.
Immutable creators can now earn $MBX tokens for posting about Netmarble games — including some of the biggest franchises in the world.
Creators win on Immutable. pic.twitter.com/nCovhA3gr0
— Robbie Ferguson | Immutable (@0xferg) September 11, 2025
Notably, the Netmarble partnership announcement on September 11 coincided with IMX’s breakout from a short-term symmetrical triangle pattern, giving technical traders a bullish signal and strengthening sentiment across the community.
So far, the network has onboarded more than 660 games and built a user base exceeding 5.6 million, according to community reports.
IF YOU'RE READING THIS ITS TOO LATE!
Here is a 1-Min video on why @Immutable Growth is compounding 👇 pic.twitter.com/igtLcfZabb
— Roninxx (@kenn_ronin) September 7, 2025
The cofounder further revealed on September 15 that several multi-generational Web2 franchises are preparing to onboard in the coming weeks, potentially opening the door to mainstream anime and entertainment IPs.
These partnerships matter because almost 97% of the total IMX supply is already circulating, and the increased use within the gaming industry reduces the token’s inflation risk, contrasting with many other tokens that are still unlocking significant portions of supply.
This gives Immutable (IMX) a stronger foundation for sustainable price growth.
Technical breakout draws traders backFrom a technical perspective, IMX’s recent breakout from its symmetrical triangle formation marks the first significant bullish signal after a long decline stretching back to 2021.
Notably, the token’s rebound from its demand zone is a critical shift that could push it toward the psychological $1.00 level if momentum holds.
Some even suggest that the setup could deliver another 40% to 60% move higher in the short term.
The alignment of whale activity, gaming partnerships, ecosystem expansion, and technical strength has revived confidence that Immutable may finally be turning the page after years of correction.
While risks remain and the token’s distance from its previous highs is still wide, the price forecast shows that both investors and industry partners are betting that IMX’s next chapter could be one of growth rather than decline.
The post Immutable (IMX) price rebounds sharply after deep correction: here’s why appeared first on CoinJournal.
origin »Impact (IMX) на Currencies.ru
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