https://crypto.news/imx-surges-10-bonk-drops-10-as-the-market-goes-red/
IMX Surges 10%, BONK Drops 10% as the Market Goes Red
IMX, the native token of the Immutable X exchange, has surged by 10% in the last 24 hours. On the other hand, BONK, the native token of the popular DeFi project, ApeSwap, has dropped by 10% as the overall crypto market turns red.
IMX Surges 10% as Immutable X Gains Traction
IMX, the native token of Immutable X, a layer-2 scaling solution for Ethereum, has seen a significant surge in its price over the last 24 hours. The token has gained over 10% and is currently trading at $3.40. This surge in price comes as Immutable X gains traction as a popular platform for trading NFTs and other digital assets.
BONK Drops 10% as ApeSwap Faces Selling Pressure
On the other hand, BONK, the native token of ApeSwap, a popular decentralized finance (DeFi) platform, has dropped by 10% in the last 24 hours. The token is currently trading at $2.80, down from its recent high of $3.20. This drop in price comes as the overall crypto market turns red, with many altcoins facing selling pressure.
Overall, the cryptocurrency market has seen a bearish trend in the last 24 hours, with many tokens and coins facing selling pressure. It remains to be seen whether this trend will continue or if the market will see a reversal in the coming days. Stay tuned to Crypto.news for the latest updates on the cryptocurrency market.
12 лютого 2024