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IMX surges 15% after Immutable says SEC ended probe

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The distinctive code associated with the giant of non -changing encryption games increased by 15 % in the hours that followed that the US Securities and Stock Exchange Committee closed its investigation into the company and will not take any other action.

The IMX symbol (IMX) rose about 15 % on March 25 to less than $ 0.74 shortly after the company announced that the Supreme Education Council closed its investigation without any violations, which said unchangeable, “a link to the notification of Wales issued by the Supreme Education Council last year.”

IMX is identical

This is the highest price that IMX has reached since March 3, before the wider market decreased – driven by the lengthy certainty of US President Donald Trump's tariff and US interest rates – to $ 0.46 on March 11.

At publication time, IMX regained $ 0.67, According to To Coinmarketcap. The move to $ 0.70 will scan nearly $ 449,500 in short locations, According to To Coinglass data.

IMX has increased by 0.34 % over the past thirty days. source: Coinmarketcap

While the price of the distinctive symbol increased on the positive news, it did not move barely when it was announced in November, Wales's notice was issued. However, the broader market was already gaining momentum as Trump's chances of winning the elections were strong in the days before it eventually won on November 5.

Participant co -founder Ruby Ferguson He said In the publication of March 25 × that the investigation that was dropped in SEC was “a tremendous victory for web3”.

“After a year of fighting, this threat was finally developed for digital property rights,” Ferguson said.

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Among the best distinctive codes for encryption in the market, many of them have seen up over the past 24 hours. Gala (Gala) rises by 2.78 %, the sand box (sand) rises by 3.78 %, Floki (Floki) rises by 1.91 %, and Axie Infinity (AXS) rises 1.50 %.

IMX reached its highest level ever at $ 9.32 in November 2021 during a large gathering in the distinctive games of games. There was speculation about when to test the distinctive symbols of the important upward trend games, as it rose historically after the broader coding market moved first.

However, over the past thirty days, the total market value of gaming symbols has decreased by 3.65 % to 13.13 billion dollars, while trading volume has achieved greater success, as it decreased by 33.45 % to $ 1.75 billion.

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This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.