Will IMX Crypto Pump To Over $1 Once This Bill Becomes Law?

Core Insights - The gaming industry is a multi-billion-dollar sector, and regulatory clarity, particularly in the United States, is crucial for the growth of crypto assets like IMX, which is associated with the NFT-focused layer-2 solution ImmutableX [1] Market Performance - As of September 30, IMX USD has shown stability, with a +35% increase in the last month and a +3% rise in the previous week, although IMX USDT has declined -58% year-to-date [2] - ImmutableX currently manages $35 million in assets, down from nearly $295 million in March 2024, but the total value locked (TVL) has remained stable above $30 million for the past three months [2] Price Trends - There is a direct correlation between TVL and price action, with IMX crypto prices rallying from approximately $0.35 to a peak of $0.96 in September, representing a nearly +300% surge [3] - The uptrend remains valid as long as IMX USDT stays above $0.50 and $0.65, with targets set at September highs and potentially reaching $1 [4] Future Projections - Analysts suggest that if IMX USDT continues to rise, a +50% rally to $1.15 is plausible, with further potential to reach $2 if the uptrend persists and trading volume increases [5] - Regulatory developments, such as the CLARITY Act, are expected to significantly impact demand for gaming tokens built on ImmutableX, similar to the effects of the GENIUS Act on DeFi [6]