IMX (Immutable X) Historical Price and Return Analysis: Should I buy IMX now?

Summary

This article provides a comprehensive review of IMX’s historical price and market fluctuations 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)

As an Ethereum-based NFT Layer 2 (L2) scaling solution, IMX was first traded in 2021 at approximately $5.7. As an ERC-20 utility token, IMX aims to reward activity on the Immutable X network, including trading, liquidity provision, and application development.

Below is IMX’s price performance in 2021:

2021

• Opening Price: $5.7
• Closing Price: $4.95
• Highest Price: $7.98
• Lowest Price: $4.5
• Annual Return: -13.13%

An investor who bought 10 IMX in 2021 and sells today would face a potential loss of -54.1242%.

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

During this period, IMX’s price experienced a severe decline, dropping 89.69% in 2022, followed by a strong rebound in 2023 with an annual return of 373.24%.

Below are the potential returns for investors buying 10 IMX during bear or consolidation phases:

2022

• Opening Price: $3.74
• Closing Price: $0.38558
• Highest Price: $4.14
• Lowest Price: $0.38558
• Annual Return: -89.69%

2023

• Opening Price: $0.45026

• Closing Price: $2.13

• Highest Price: $2.38

• Lowest Price: $0.45026

• Annual Return: 373.24%

• 2022: -34.5072% potential return

• 2023: -1.5966% potential return

Recent Market Cycle: Should I buy IMX now? (2024 to Present)

In recent years, IMX has experienced a continuous downtrend. In 2024, the price declined by 23.99%, and in 2025, the decline widened further to 77.53%. Entering 2026, IMX’s price remains at $0.2906, with the market in stagnation.

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: $0.2737
• Highest Price: $1.22
• Lowest Price: $0.2243
• Annual Return: -77.53%

2026 (YTD)

• Opening Price: $0.2906
• Closing Price: $0.2906
• Highest Price: $0.2906
• Lowest Price: $0.2906
• Year-to-date Return: 0.0%

Potential returns for an investor buying 10 IMX during this period are:

• 2024: -16.118%
• 2025: -9.273%
• 2026 YTD: 0%

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

By analyzing IMX’s historical prices and potential returns, we observe a long-term downtrend since 2021. From a peak of $7.98 (2021) to the current $0.2906 (2026), IMX has declined over 96%, posing significant risk of loss for investors. The short-term rebound in 2023 failed to reverse the long-term downward trend, and the sharp declines over the past two years indicate serious market confidence issues. The current stagnation reflects extremely low market activity.