Launch of Block of Fame at TOKEN2049 Singapore

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 02 2025

Should l Buy IMX?

Event Overview: The Block of Fame was launched at TOKEN2049 in Singapore on October 1, 2025, attracting over 25,000 industry leaders, but did not introduce new products or financial updates.
Market Impact: Despite the event's excitement and networking opportunities, there were no immediate financial impacts on crypto markets, with no significant changes observed in assets like ETH or BTC.
Focus on Engagement: The event emphasized building connections and discussions among participants rather than making direct market shifts or regulatory changes.
Expert Opinions: Industry experts noted that while historical events can influence asset growth, the Block of Fame prioritized engagement and innovation over immediate financial implications.

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Technical Analysis for IMX

Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, IMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Immutable (IMX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.104	0.117	0.13	0.143	0.155	0.168	0.18
Fibonacci	0.117	0.127	0.133	0.143	0.152	0.158	0.168

About IMX

Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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