IMX Token Experiences Sudden Price Surge, South Korean Traders Lead the Charge

By: Eva Baxter

The IMX token, a product of the NFT Platform ImmutableX, experienced an impressive rise in value, with the rate exceeding 30%. The surge was mainly driven by an unexpected increase in trading volumes on South Korean exchanges on Thursday morning.

Notably, the IMX-Korean won pair listed on South Korea's leading exchange has made significant contributions to this increase. According to reports, this pair alone accounted for an estimated 20% of the 24-hour global trading volume.