Optimism (OP) Hits Self Reported Market Cap of $1.94 Billion

Optimism (OP) traded 8.9% lower against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on October 26th. In the last week, Optimism has traded down 9.1% against the U.S. dollar. One Optimism token can currently be purchased for $1.54 or 0.00002313 BTC on popular exchanges. Optimism has a market cap of $1.94 billion and approximately $200.38 million worth of Optimism was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in 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 down 2.2% 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 8.9% higher 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 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 2.9% against the dollar and now trades at $158.84 or 0.00237783 BTC.

Optimism Token Profile

Optimism’s launch 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. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. The official message board for Optimism is optimism.mirror.xyz. Optimism’s official website is www.optimism.io.

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 presently possible to purchase alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView