Theyoungcrypto industryiswitnessinganepicbattlebetweenvarioussectors:greentechandmeme power.Immutable(IMX),aninnovativelayer-2
ImmutableX (IMX) is up 4% in 24 hours, heading towards crucial support. Memecoins Bonk (BONK) and WW3Shiba (WW3S) are also making waves in the crypto market. Cryptocurrency prices today are showing signs of recovery, with several altcoins, including ImmutableX, posting gains. Among memecoins, Bonk and WW3Shiba are gaining attention. Here are the latest updates on ImmutableX, Bonk, and WW3Shiba.ImmutableX price sees relief rally after massive dump
After a massive dump that saw IMX, the native token of ImmutableX, lose 39% in the past month, the altcoin seems to be getting a break with a 4% gain in 24 hours. This brought ImmutableX to trade at $1.55 (at the time of writing). ImmutableX is an innovative layer-2 blockchain solution for NFTs on Ethereum. The platform boasts high scalability and low gas fees, thanks to its use of zero-knowledge (ZK) rollups, which can process up to 9,000 transactions per second. This technology has made ImmutableX a popular choice for NFT enthusiasts and game developers. As a result, several NFT projects and play-to-earn games, such as Gods Unchained and Illuvium, are being built on ImmutableX. According to analysts, this strong technology and use case could see ImmutableX bouncing back in Q4. However, some bearish Immutable price predictions are projecting new lows.
Bonk price up 16% in 24 hours after Solana airdrop
Investors in dog-themed memecoin BONK are having a good day as the token, which is the first memecoin on Solana, jumped 16% in 24 hours to take its market cap to $1.53 billion. This comes as a relief to BONK investors, who are still down 35% in the past month. Bonk enjoyed a viral moment after Solana (SOL) holders, who had at least 0.1 SOL in their wallets on December 24, received free BONK tokens. This led to a massive rally for the memecoin, which was created by a group of Solana community members in an effort to revive the SOL chain. However, like most memecoins, BONK's growth is largely driven by meme culture and community support, with limited underlying technology or use cases. This has led several investors to sell their BONK holdings in favor of new Ethereum-based memecoins, such as WW3Shiba.
WW3Shiba price set to surge 580% from presale price
Investors looking to buy into the hype surrounding memecoins can consider WW3Shiba, which is set to go up for presale at a price of $0.001 for WW3S, its native token. This price **is** tipped to go up to $0.007 by the end of the initial coin offering, indicating a potential increase of 580%. This makes WW3S one of the best new memecoins to buy now. Starting with a low presale price and a limited supply of 100 billion tokens, any price increase during the ICO will lead to a high percentage gain for early investors. However, it is important to note that memecoins are known for their price volatility and lack of intrinsic value, which makes them a risky investment. As a result, investors are advised to proceed with caution and only invest what they can afford to lose. WW3Shiba is aiming to go beyond just being a memecoin by combining elements of SocialFi and GameFi. The platform will eventually launch a play-to-earn platform and play-to-earn game. This will give WW3Shiba a chance to tap into the $175 billion global gaming industry.
The above is the detailed content of Meme Coins Battle Green Tech: Immutable X (IMX) vs Bonk (BONK) vs WW3 Shiba (WW3S). For more information, please follow other related articles on the PHP Chinese website!