IMX is now at 0.13u. It has fallen from its historical high of 9.52u, down nearly 10x, but these past two days are a bit interesting.

On-chain, a batch of large funds suddenly appeared. The contract open interest jumped to more than six times, and trading volume is also about six times higher than usual. This isn’t just a couple of people playing around—it’s real money coming in.
What this coin does is the underlying infrastructure for games and NFTs. It has partnered with Ubisoft. Recently, it also launched a project for AI-generated game content, riding the hype of AI plus games.
For the short term, it looks pretty strong: the moving averages are being lifted. But when you zoom out, the overall trend is still weak. This kind of divergence suggests that it’s short-term funds taking a bet—not a real reversal.
At 0.1363u, this level has been closely watched these two days. If it holds, it could push toward 0.144u; if it breaks, the mood from this move will dissipate.
The gaming sector hasn’t been doing great these past couple of years. If IMX truly wants to turn things around, it’ll need more solid follow-through later. This current wave is playable as a short-term trade—don’t treat it as a long-term one #IMX $IMX