IMX experiences 12% daily loss amid selling pressure

According to AMBCrypto, the cryptocurrency IMX saw a daily decline of 12% following increased selling pressure in the broader altcoin market. The drop reflects ongoing weakness across alternative cryptocurrencies, per the source. No additional details about timing beyond the daily loss were provided. The market reaction centered on downward movement for IMX specifically within the context of wider altcoin performance. Analyst commentary or price targets were not included in the facts available. The event occurred recently enough to be described as “a good day” for altcoins being unfavorable, per summary wording. No recovery signals, trader statements, or future expectations are mentioned.