@𝗽𝗹𝗮𝘆𝗯𝘂𝘅𝗰𝗼 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 #𝘄𝗲𝗯3 𝗲𝗻𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱.𝗕𝗮𝗰𝗸𝗲𝗱 𝗯𝘆 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗟𝗮𝗯𝘀 𝗮𝗻𝗱 𝗩𝗜𝗦𝗔 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿 𝟮𝟬𝟮𝟯.Users can purchase merchandise in the real world and receive codes that can be used to redeem metaverse items or @PBUX tokens in the #metaverse.💮 𝗖𝗵𝗮𝗿𝗮𝗰𝘁𝗲𝗿 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗕𝗹𝗼𝗰𝗸.The in-game character is based on a building block. With different elements of #NFTs, you can design your own character in your own way and use it in the Metaverse.💮 𝗧𝗵𝗲 𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗪𝗼𝗿𝗹𝗱.Anyone can interact with other people or #DeFi platforms in Playbux 2D isometric universe. Play a game, take part in our event, and hang out with your#Metaverse friends.💮 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻.In Playbux, you may access top blockchain platforms on Binance Smart Chain like #Pancakeswap, Tofu marketplace, etc. You don't have to go to multiple websites any longer.𝗔𝗟𝗟 𝗛𝗔𝗩𝗘 𝗕𝗘𝗘𝗡 𝗜𝗡𝗧𝗘𝗚𝗥𝗔𝗧𝗘𝗗 𝗧𝗢 𝗧𝗛𝗘 #𝗠𝗘𝗧𝗔𝗩𝗘𝗥𝗦𝗘.Commerce, #DeFi, #NFT, and #metaverse activities will all be integrated into our platform.𝙎𝙤𝙢𝙚 𝘽𝙞𝙜 𝙋𝙖𝙧𝙩𝙣𝙚𝙧𝙨 👇#Binance #VISA #Tencent #Onepay #Moneysmart

Tencent is China's largest public company and the drop erased ~$55 billion of market cap.

#stocks #Tencent #CryptoPilot #crash

In the arena of artificial intelligence (AI), which has become the new battleground of global technological competition, Chinese tech giants are making rapid strides, showcasing ambitious strategies on the world stage. These giants aim to challenge their Western counterparts by developing original and innovative AI models, intensifying competition on a global scale. Leading Chinese companies like Tencent and Alibaba are making aggressive moves in various sectors such as gaming, social media, cloud computing, and fintech.

Tencent's Hunyuan Model: A New Player in China's AI Race

Tencent, the tech giant based in Shenzhen, has announced plans to introduce its unique foundational AI model called "Hunyuan" to make its mark on the global AI race. Tested in diverse sectors like gaming, advertising, cloud computing, and fintech, Hunyuan aims to become one of China's leading AI models. Tencent executives highlight the progress made with Hunyuan in productive AI and other applications, emphasizing China's capabilities in this field. #Tencent

Alibaba's Move: Open Source AI Models

E-commerce behemoth Alibaba also stands out as an ambitious player in China's AI race. The company has released open-source AI models Qwen-7B and Qwen-7B-Chat, offering them for free to global developers and researchers. This move serves as a response to Western rivals' models like Meta's Llama 2 and OpenAI's ChatGPT 3.5. Alibaba has taken a bold step by providing its models with licensing requirements for companies with large user bases. #Alibaba

China's AI Goals and Global Competition

The Chinese government encourages domestic tech companies to develop "controllable" and productive AI models that can compete with Western rivals. According to estimates by PricewaterhouseCoopers, artificial intelligence could contribute over $15 trillion annually to the economy by 2030. Tencent views AI as an "accelerator of growth" and is taking significant steps in that direction. Other tech giants like Huawei are also mobilizing resources to develop original productive AI.

Global Competition and Future Perspective

The competition between China and the United States is evident in the field of AI as well. Developments such as restrictions on the export of AI chips and significant GPU purchases intensify this rivalry. However, Chinese tech giants demonstrate their determination to maintain superior AI capabilities, indicating how fierce future competition might become.

In Summary

The rapid rise of China's tech giants in the realm of AI is reshaping global dynamics. Tencent's Hunyuan model and Alibaba's open-source models showcase China's AI capabilities. These developments suggest that China will further strengthen its position in the global AI race and that the competition will become even more intense. #China #AI

Estimated Reading Time: 6 minutes

The blockchain gaming and NFT sectors are two of the fastest-growing industries in the cryptocurrency space, and Immutable X (IMX) is emerging as a key player at the intersection of both. In this article, we’ll explore the rise of #ImmutableX , its recent developments, and the market potential of #IMX . We’ll also provide a detailed price prediction using technical, fundamental, and sentiment analysis techniques to give you a comprehensive view of its future trajectory.
What is Immutable X (IMX)?
Immutable X is a Layer-2 scaling solution for Ethereum, designed specifically for NFTs and blockchain gaming. Its key selling points are gas-free transactions and carbon-neutral minting, solving two of the major issues plaguing the #NFT market on Ethereum: high transaction fees and environmental concerns. Through a partnership with StarkWare’s ZK-rollups, Immutable X offers near-instant transactions while maintaining the security and decentralization of Ethereum’s Layer-1.
Key Recent Developments for Immutable X

1. $200M Fundraising Round and Expansion
Immutable X closed a $200 million Series C funding round, led by major firms like Temasek, #Tencent , and Animoca Brands. This influx of capital is aimed at expanding Immutable’s Gaming Studio and scaling its platform to handle more users and projects. The funding has placed Immutable X in a strong position to dominate the #Web3 gaming landscape.
With the rise of gaming-focused NFTs and partnerships with game developers like Netmarble, Immutable X is positioning itself to capture a significant share of the gaming and NFT markets.
2. New Partnerships and Ecosystem Growth
In June 2024, Immutable X saw a record-breaking number of new partnerships, including with Netmarble, one of the largest mobile gaming companies in the world. New games such as Ni no Kuni: Cross Worlds and Meta World are being developed on the Immutable platform, alongside 150+ other well-funded gaming titles, which has pushed the total number of games built on Immutable to over 380.
This surge in new games and partnerships signals significant adoption within the blockchain gaming industry, further validating the scalability and appeal of Immutable X as a go-to platform for developers.
3. Social Sentiment and Community Growth
Immutable X’s social metrics are also trending upward. The platform’s social volume on major networks like Twitter and Reddit has increased, indicating a growing and engaged community. Additionally, Immutable X has introduced an Ecosystem Boost Program, with $20 million earmarked to provide technical and financial support to new game developers.
This combination of strong community engagement and financial incentives for developers is helping Immutable X scale its user base, which now boasts over 2 million monthly active users.
Price Prediction for IMX: September to December 2024

Let’s apply technical analysis, fundamental analysis, and sentiment analysis to predict the price of IMX for the next few months.
Technical Analysis
Support and Resistance: $IMX is currently trading around $1.17, with strong support levels at $1.00 and $0.80. Resistance is at $1.20, which, if broken, could push the price higher.
Moving Averages: The 50-day moving average is trending upward, signaling a potential bullish continuation. IMX’s price recently bounced off the 200-day moving average, a strong sign of renewed buying pressure.
RSI (Relative Strength Index): The RSI is sitting at around 50, indicating neutral momentum. This suggests that IMX may consolidate before making its next move, with potential for an upward breakout if sentiment improves.
Fundamental Analysis
Immutable X is in a strong financial position following its $200 million funding round, and the platform's expansion into Web3 gaming is a key driver for future growth. The growing number of games and partnerships, combined with the technical advantages of its Layer-2 solution, position IMX as a critical infrastructure player in the evolving NFT and gaming ecosystems.
Sentiment Analysis

IMX has seen a rise in social sentiment, with active mentions and discussions on Reddit and Twitter showing increased community engagement. The Fear and Greed Index currently shows “Fear” in the market, but this could turn to “Greed” if Immutable X continues to announce new partnerships and integrations, driving speculative interest.
Price Prediction:
September 2024: We expect $IMX to trade between $1.00 and $1.20 as it consolidates around its current price level. Breaking above $1.20 could see IMX test the $1.30 resistance.
October to December 2024: If the current bullish momentum continues, particularly with the launch of new games, $IMX could rise to $1.40 - $1.50 by year-end. In the worst case, if broader market conditions deteriorate, IMX could find support at $0.80.
Long-Term Potential
The long-term outlook for Immutable X remains promising. As the platform continues to attract high-profile gaming titles and grows its ecosystem, the utility of the IMX token will increase, potentially driving its price higher. With blockchain gaming and NFTs gaining mainstream attention, Immutable X is well-positioned for 10x growth over the next few years, provided it continues to innovate and secure more partnerships.
Conclusion: Is IMX a Buy?
Immutable X is a platform that’s uniquely positioned at the intersection of Layer-2 scaling, NFTs, and blockchain gaming, making it a compelling investment. With recent funding, partnerships, and community growth, IMX has a solid foundation for continued expansion.
For long-term investors, IMX offers significant upside potential, especially if it continues to secure major game development partnerships and expands its influence in the gaming sector. However, short-term traders should watch for breakouts above key resistance levels before entering positions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.