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Immutable (IMX) Surges 8% as SEC Closes Investigation

  • The price of Immutable (IMX) surged 8.05% to $0.6785 after the SEC ended its investigation.
  • The market capitalization of Immutable rose to $1.21 billion, with a 24-hour trading volume of $120.59 million.
  • The SEC confirmed no charges or enforcement action will be taken against Immutable, its ecosystem foundation, or CEO James Ferguson.
  • Technical analysis suggests IMX is consolidating post-rally, with a potential short-term gain if it breaks above $0.70.

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