Optimism Trading Down 16.5% This Week (OP)

Optimism (OP) traded 0.1% lower against the dollar during the 24-hour period ending at 7:00 AM E.T. on March 10th. Over the last seven days, Optimism has traded down 16.5% against the dollar. Optimism has a total market capitalization of $1.47 billion and approximately $167.37 million worth of Optimism was traded on exchanges in the last 24 hours. One Optimism token can currently be bought for about $0.91 or 0.00001102 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Taiko (TAIKO) traded down 3.2% against the dollar and now trades at $0.75 or 0.00000906 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.9% lower against the dollar and now trades at $82,321.12 or 0.99721333 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.2% against the dollar and now trades at $81,676.80 or 0.98940821 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Optimism

Optimism was first traded on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,620,705,846 tokens. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. Optimism’s official website is www.optimism.io. The official message board for Optimism is optimism.mirror.xyz.

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

OP/USD price chart by TradingView