Optimism (OP) Hits Self Reported Market Cap of $2.12 Billion

Optimism (OP) traded down 1.6% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on October 24th. One Optimism token can currently be bought for approximately $1.69 or 0.00002502 BTC on popular exchanges. During the last seven days, Optimism has traded down 0.1% against the US dollar. Optimism has a total market capitalization of $2.12 billion and approximately $157.43 million worth of Optimism was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 2% against the dollar and now trades at $162.95 or 0.00241240 BTC.

Optimism Profile

Optimism’s genesis date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,255,070,491 tokens. The official website for Optimism is www.optimism.io. The official message board for Optimism is optimism.mirror.xyz. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here.

According to CryptoCompare, “Optimism (OP) is a layer-two platform on Ethereum that improves dApp scalability and accessibility using “optimistic rollups”. OP allows dApps to offload computation and data storage to a separate layer, enabling low-cost, near-instantaneous Ethereum transactions. It was introduced in 2019 and has been used to develop financial apps, social networks, games, etc. The team behind Optimism is made up of blockchain developers and researchers, including Ethan Frey and James Ray, and is funded by venture capital firms and individual investors.”

Optimism Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView