IMX Historical Price and Return Analysis: Should I buy IMX now?

Summary

This article provides a comprehensive review of IMX (ImmutableX) since its inception, analyzing historical prices and market fluctuations, combined with data from bull and bear market phases. It evaluates the potential returns for investors purchasing 10 IMX tokens and answers the key question, “Should I buy IMX now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Bull Market Start and Early Market Cycle: Historical Price Review (2021 to 2023)

Immutable X is a Layer 2 (L2) scaling solution for NFTs on Ethereum, offering instant transactions, large-scale scalability, and zero gas fees. IMX is an ERC-20 utility token used to reward network activities such as trading, liquidity provision, and application development. Records show its early trading price was approximately $5.7.

Below are the price changes of IMX during the initial market phase:

2021

• Opening Price: $5.7
• Closing Price: $4.95
• Highest Price: $7.98
• Lowest Price: $4.5
• Annual Return: -13.13%

2022

• Opening Price: $3.74
• Closing Price: $0.38558
• Highest Price: $4.14
• Lowest Price: $0.38558
• Annual Return: -89.69%

2023

• Opening Price: $0.45026
• Closing Price: $2.13
• Highest Price: $2.38
• Lowest Price: $0.45026
• Annual Return: 373.24%

An investor who bought 10 IMX in 2021 would see a potential return of -2.92% by the end of 2023.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2024 to 2025)

During this period, IMX’s price experienced significant fluctuations, with a correction in 2024 followed by continued decline in 2025, reflecting overall uncertainty in the crypto market.

Potential returns for an investor purchasing 10 IMX during this phase are:

• 2024: -17.44%
• 2025: -10.59%

Recent Market Cycle: Should I buy IMX now? (2026 to present)

In 2026, IMX continued its downward trend, with market sentiment remaining cautious.

2026

• Opening Price: $0.2681
• Closing Price: $0.15863
• Highest Price: $0.2743
• Lowest Price: $0.15822
• Annual Return: -40.83%

An investor who bought 10 IMX at the beginning of 2021 would see a potential return of -1.09% up to now.

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing IMX’s historical prices and potential returns, we observe a long-term downward trend since 2021, from an initial $5.7 to $0.15863 in 2026. Although there was a strong rebound in 2023, the subsequent continued decline indicates ongoing doubts about the project’s long-term prospects. When evaluating the question “Should I buy IMX now?”, investors should carefully consider the project’s fundamentals, market liquidity, and risk tolerance.