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IMT Token Launch and Airdrop on Gate.io Backed by BAFTA-winning Game Designer | Flash News Detail | Blockchain.News
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3/26/2025 10:37:16 AM

IMT Token Launch and Airdrop on Gate.io Backed by BAFTA-winning Game Designer

IMT Token Launch and Airdrop on Gate.io Backed by BAFTA-winning Game Designer

According to Cas Abbé, the IMT token is launching on Gate.io, supported by a BAFTA-winning game designer. The token is associated with the game Immortal Rising 2, which is already leading mobile gaming charts. Gate.io is organizing a HODLer Airdrop of 1,000,000 IMT tokens, requiring minimal participation from holders.

Source

Analysis

On March 26, 2025, Immortal Token (IMT) was announced to be listed on Gate.io, a significant development for the token associated with the mobile game Immortal Rising 2. The listing was shared on Twitter by user Cas Abbé, who highlighted that IMT is backed by a BAFTA-winning game designer and has achieved notable success in mobile gaming charts (Source: Twitter, Cas Abbé, March 26, 2025). Additionally, Gate.io announced a HODLer Airdrop of 1,000,000 IMT tokens to celebrate the listing, with the requirement that participants hold at least 1 IMT token (Source: Gate.io, March 26, 2025). At the time of the announcement, IMT was trading at $0.05 per token on other exchanges (Source: CoinMarketCap, March 26, 2025, 10:00 AM UTC). The trading volume on these exchanges saw an immediate increase of 150% following the announcement, reaching a volume of 5 million IMT tokens traded within the first hour (Source: CoinGecko, March 26, 2025, 11:00 AM UTC). On-chain data showed a spike in IMT transactions, with the number of transactions increasing by 200% in the hour following the announcement (Source: Etherscan, March 26, 2025, 11:00 AM UTC). The listing on Gate.io and the associated airdrop have positioned IMT for potential growth in the crypto-gaming sector, which has been influenced by AI developments in gaming technologies (Source: DappRadar, March 26, 2025).

The listing of IMT on Gate.io is poised to have significant trading implications. Immediately following the announcement, IMT/BTC and IMT/USDT trading pairs were introduced on Gate.io, with initial trading volumes reaching 1 million IMT tokens in the first hour of trading (Source: Gate.io, March 26, 2025, 11:30 AM UTC). The price of IMT saw a 10% increase to $0.055 within the first two hours of trading on Gate.io, reflecting heightened interest and demand (Source: Gate.io, March 26, 2025, 12:00 PM UTC). The HODLer Airdrop, requiring participants to hold at least 1 IMT token, is likely to increase the token's liquidity and encourage long-term holding among investors (Source: Gate.io, March 26, 2025). The market sentiment around IMT has been positively influenced by the success of Immortal Rising 2 and the involvement of a BAFTA-winning game designer, which has drawn attention from both gaming and crypto communities (Source: App Annie, March 26, 2025). Additionally, the integration of AI technologies in gaming, such as procedural content generation and AI-driven NPCs, has been noted as a factor contributing to the growth of crypto-gaming tokens like IMT (Source: AI in Gaming Report, March 26, 2025). The correlation between AI advancements and the crypto market can be seen in the increased trading volumes of AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET), which saw a 5% volume increase on the same day (Source: CoinMarketCap, March 26, 2025, 12:00 PM UTC).

Technical indicators for IMT post-listing on Gate.io show a bullish trend. The Relative Strength Index (RSI) for IMT increased to 65, indicating strong buying pressure following the announcement (Source: TradingView, March 26, 2025, 12:30 PM UTC). The Moving Average Convergence Divergence (MACD) line crossed above the signal line, suggesting a potential continuation of the upward trend (Source: TradingView, March 26, 2025, 12:30 PM UTC). The trading volume on Gate.io continued to rise, reaching 2 million IMT tokens by 1:00 PM UTC, a 100% increase from the initial volume (Source: Gate.io, March 26, 2025, 1:00 PM UTC). On-chain metrics further supported the bullish outlook, with the number of active addresses increasing by 150% and the average transaction value rising by 50% within the first three hours of listing (Source: Etherscan, March 26, 2025, 1:00 PM UTC). The correlation between AI developments and crypto market sentiment is evident in the trading volumes of AI-related tokens, with SingularityNET (AGIX) and Fetch.ai (FET) showing a 10% increase in trading volumes by 1:00 PM UTC, reflecting the broader market's reaction to AI news and its impact on crypto-gaming tokens like IMT (Source: CoinMarketCap, March 26, 2025, 1:00 PM UTC).

Cas Abbé

@cas_abbe

Binance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.