Understanding the PHP to IMX Exchange
The exchange rate between the Philippine Peso (PHP) and Immutable X (IMX) is a key metric for anyone interested in trading or utilizing these digital assets. As of the latest update, the PHP to IMX exchange rate stands at 0.039985 IMX per Philippine Peso. This rate is updated in real-time to reflect the most current market conditions.
Market dynamics cause constant fluctuations in this value. Over the past 24 hours, the PHP to IMX rate has seen a change of -4.00%. This volatility is normal in the cryptocurrency space and highlights the importance of using up-to-date tools for accurate conversions.
Immutable X, the token in question, has a circulating supply of 1,866,386,427 IMX and a maximum supply capped at 2,000,000,000 IMX. Understanding these supply metrics is crucial for assessing the token's potential scarcity and long-term value proposition.
Historical Performance and Current Market Context
The all-time high price for IMX was a remarkable ₱885.95. Comparing this to today's market price of approximately ₱25.0092 per IMX provides perspective on its historical price journey and current market position. This contrast illustrates the significant volatility and potential for growth within the crypto market.
For those new to this space, it's important to remember that past performance is not indicative of future results. The crypto market is innovative and full of potential, but it can also be complex. Staying informed with real-time data is the best strategy for making educated decisions.
Using a Crypto Calculator for PHP/IMX Conversion
A dedicated crypto calculator and converter is an essential tool for navigating the PHP to IMX market. It allows for quick and accurate conversions between these and numerous other cryptocurrencies and fiat currencies.
The process is straightforward:
- Input the amount of IMX you wish to convert.
- The tool instantly calculates the equivalent value in Philippine Peso.
- You can also perform the reverse calculation, converting PHP to IMX.
This functionality is invaluable for activities like buying, selling, or simply tracking the value of your holdings. It eliminates manual calculations and potential errors, providing clarity and confidence. For those seeking the most advanced and user-friendly conversion experience, you can explore our real-time conversion tool.
Real-Time Conversion Tables
The value of one Philippine Peso in Immutable X fluctuates throughout the day based on live market activity. To know the exact value at any given moment, real-time conversion tables are your most reliable resource.
These tables provide a detailed breakdown of common conversions, allowing you to monitor the IMX to PHP relationship closely. For instance, based on a sample rate:
- ₱5 is equivalent to approximately 125.05 IMX.
- 5 IMX is equivalent to approximately ₱0.19993.
Consulting these tables helps you better understand how to convert Immutable X into Philippine Peso and effectively track changes in value over time. The price of 1 IMX in PHP is in constant motion due to market volatility, making these real-time tools indispensable.
Frequently Asked Questions
What is the current PHP to IMX exchange rate?
The PHP to IMX exchange rate changes constantly. The rate provided here is updated in real-time to give you the most accurate information. It is crucial to check a live converter immediately before any transaction to ensure you have the latest rate.
How do I convert Philippine Peso to Immutable X?
You can convert PHP to IMX using a reliable crypto exchange platform. These platforms provide integrated calculators where you input the amount of PHP you want to spend, and the system shows you how much IMX you will receive based on the current market rate, minus any applicable fees. Get advanced conversion methods for a seamless experience.
Why does the IMX price change so frequently?
The price of IMX, like most cryptocurrencies, is highly volatile. Its value is determined by supply and demand dynamics on global exchanges. Factors influencing this include overall market sentiment, project-specific news, developments in the broader blockchain ecosystem, and macroeconomic trends.
What was the all-time high for IMX in Philippine Peso?
Immutable X reached its all-time high price of ₱885.95. This historical peak is significantly higher than its current price, demonstrating the asset's potential for substantial price movement over time.
Where can I learn more about Immutable X?
You can find comprehensive resources about Immutable X's technology, use cases, and ecosystem on various crypto education platforms and data aggregators. These sources offer deep dives into its history, latest news, and real-time market performance.
Is there a maximum supply of IMX tokens?
Yes, the Immutable X protocol has a maximum supply cap of 2,000,000,000 IMX tokens. The current circulating supply is less than this, meaning new tokens may still be introduced into the market according to the project's emission schedule.