RT Santiment (@santimentfeed)📈 Immutable X has quietly seen its market cap grow over 70% over the past 2 weeks. Metrics to watch are:📊 309 new $IMX wallets created in one day (highest since March)💱 7.33% of supply on exchanges (lowest since May)🔗 Track the chart here: https://t.co/wv0f1L80MK https://t.co/Lf898BUB8G ...

Top Gainers on AscendEX - AscendEX's daily top 5 gainers are listed [1] - $TOTAKEKE experienced the highest gain of +86.44% [1] - $EAGLE increased by +42.81% [1] - $GEEQ rose by +36.17% [1] - $IMX gained +31.44% [1] - $BAGWORK increased by +29.92% [1] Trading Opportunities - AscendEX encourages users to trade and capitalize on market movements [1] Community Engagement - AscendEX invites users to join their community for insider updates [1]

Market Overview - Major cryptocurrencies, including BTC and ETH, are experiencing capital outflows from futures, leading to a decline in open interest [3] - Solana's open interest reached a record high of over 70 million SOL, indicating bullish capital inflows [3] - IMX, the native token of Web3 gaming platform Immutable, rose 15% in the past 24 hours, with daily trading volume doubling to $144 million [3] Derivatives Positioning - AVAX's open interest rose over 14%, with its market cap approaching $13 billion for the first time since February 2 [3] - On the CME, Solana futures open interest pulled back to 7.63 million SOL from a record 8.12 million SOL on September 12, but the three-month annualized premium remains above 15% [3] - The bias for BTC and ETH put options is easing as traders anticipate Fed rate cuts, while SOL and XRP options remain bullish [3] Institutional Interest - The ETF MVRV climbed to 2.29, indicating strong institutional bids, although spot cumulative volume delta weakened [2] - The mismatch in momentum without broad participation suggests a potential for a headline-driven retracement or a sharp follow-through depending on the Fed's decisions [2] Gaming Sector Insights - The gaming sector is projected to reach $200 billion in revenue this year, with further growth expected by 2026 [3] - Immutable's partnership with Ubisoft for the next iteration of Might and Magic Fates positions it well to capitalize on the anticipated growth in the gaming industry [3] Blockchain and NFTs - Blockchain technology may play a significant role in gaming, particularly with trends shifting towards in-game ownership of items through non-fungible tokens (NFTs) [4] - IMX is currently trading at $0.736, having broken out of a key resistance level, with expectations to test $0.70 as support [4]

According to Tokenomist, several major token unlocks (each exceeding $5 million) are scheduled over the next 7 days, including ENS, IMX, and ELX. Additionally, linear daily unlocks exceeding $1 million are expected for SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, and others. The total estimated value of these unlocks exceeds $453 million.https://t.co/84B6gdbh15 ...