Technical analysis by Helios_Capital_Investment about Symbol IMX: Buy recommendation (12/27/2023)

Another Gaming asset that is going to perform very well over the next bull run, like I always say, "Watch out for teams that grind during the bear market, be wary of teams only functioning during bull runs."Support Zone: $1.3058Resistance / Support Zone: $2.0677Target 1: $3.094Resistance 2: $3.3619Target 2: $3.1856Target 3: $5.4026What Is Immutable (IMX)?Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”Helios_Capital_InvestmentThanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.Who Are the Founders of Immutable?