IMX (Immutable) Historical Price and Earnings Analysis: Should I Buy IMX Now?

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**Summary**This article provides a comprehensive review of IMX's historical prices and market fluctuations since its inception. By combining data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 IMX, and answers the key question: "Should I buy IMX now?" This helps both newcomers and long-term investors understand the timing and growth potential of their investments.## Early Market Cycles and Price Review (2021 to 2022)Immutable X is an NFT Layer 2 (L2) scaling solution on Ethereum, offering instant transactions, massive scalability, and zero gas fees. IMX, as an ERC-20 utility token, provides a reward mechanism for network activities such as trading, liquidity provision, and application development. According to data, IMX's early trading price was around $5.7.Below are IMX's initial market price changes:### 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%An investor who bought 10 IMX in 2021 and sold at the end of 2022 would have a potential return of -34.47%.## Bear Market Adjustment and Mid-term Cycle: Risk & Return Analysis (2023)In 2023, IMX's price experienced a strong rebound, rising from $0.45 at the start of the year to $2.13 by year-end, marking a robust market recovery.### 2023- Opening price: $0.45026- Closing price: $2.13- Highest price: $2.38- Lowest price: $0.45026- Annual return: 373.24%The potential return for an investor buying 10 IMX in 2023 would be -1.56%.## Recent Market Cycles: Should I Buy IMX Now? (2024 to 2025 YTD)In the past two years, IMX has shown a downward trend. Although there was some volatility in 2024, the annual return was negative, and 2025 YTD saw a significant decline.### 2024- Opening price: $1.9- Closing price: $1.45- Highest price: $3.42- Lowest price: $1.1- Annual return: -23.99%### 2025 (YTD)- Opening price: $1.22- Closing price: $0.294- Highest price: $1.22- Lowest price: $0.2839- Annual return: -75.86%The potential returns for investors buying 10 IMX during this period are as follows:- 2024: -16.08%  - 2025 (YTD): -9.24%## Summary: Bull Markets, Bear Markets, and Investment Timing AnalysisBy analyzing IMX’s historical prices and potential returns, we can see an overall long-term downward trend since 2021. Although there was a notable rebound in 2023, prices have continued to decline since 2024, with losses exceeding 75% in 2025 YTD. Currently, IMX is at a historical low, and investors need to carefully assess its technical development prospects and market demand before determining whether it is the right time to invest.