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Immutable X (IMX) gains 50% following the close of a $200M fundraising round

One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 (L2) scaling solution for the Ethereum (ETH) network designed to offer near-instant transactions and zero gas fees for minting and trading.

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Source: Cryptocurrency - investing.com

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