Optimism (OP) Price Hits $1.00 on Major Exchanges

Optimism (OP) traded up 3.3% against the dollar during the one day period ending at 7:00 AM Eastern on March 6th. Over the last seven days, Optimism has traded down 13.7% against the dollar. One Optimism token can currently be bought for about $1.00 or 0.00001103 BTC on cryptocurrency exchanges. Optimism has a market capitalization of $1.62 billion and $183.35 million worth of Optimism was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded up 1.2% against the dollar and now trades at $0.84 or 0.00000925 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.4% higher against the dollar and now trades at $90,608.15 or 0.99858322 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $90,078.99 or 0.99275138 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Optimism Profile

Optimism’s launch date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,620,705,846 tokens. The official website for Optimism is www.optimism.io. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. Optimism’s official message board 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 buy alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to acquire Optimism should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the aforementioned exchanges.

OP/USD price chart by TradingView