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

Summary

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

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

Immutable X is a Layer 2 (L2) scaling solution for NFTs on Ethereum, with IMX serving as an ERC-20 utility token established to reward network activity. According to records, 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%

An investor who bought 10 IMX in 2021 and sold at the end of 2022 would have experienced a potential loss of -34.91%.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2022 to 2023)

During this period, IMX’s price experienced a significant rebound, with a strong recovery in 2023 driven by the overall crypto market revival.

The potential returns for investors purchasing 10 IMX at different times are as follows:

• Bought in 2022, held until the end of 2023: 373.24%
• Bought in 2023, held until the end of 2024: -2.00%

Recent Market Cycle: Should I Buy IMX Now? (2024 to 2026 so far)

In the past two years, IMX has faced sustained downward pressure, with the market gradually shifting from a strong rebound in 2023 to a correction phase.

2024

• Opening Price: $1.9
• Closing Price: $1.45
• Highest Price: $3.42
• Lowest Price: $1.1
• Annual Return: -23.99%

2025

• Opening Price: $1.22
• Closing Price: $0.25
• Highest Price: $1.22
• Lowest Price: $0.2243
• Annual Return: -79.47%

The potential returns for investors purchasing 10 IMX during this period are:

• Bought in 2024: -16.52%
• Bought in 2025: -9.68%

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

By analyzing IMX’s historical prices and potential returns, we see a clear overall declining trend since 2021, especially marked by the sharp drop in 2022 and the continued decline in 2025, indicating long-term challenges for the project. When evaluating whether it is still a good time to deploy capital, investors should carefully consider the associated risks.