Optimism (OP) Trading Up 8.4% This Week

Optimism (OP) traded up 8.4% against the U.S. dollar during the 1-day period ending at 20:00 PM ET on February 28th. Optimism has a market capitalization of $3.85 billion and approximately $433.62 million worth of Optimism was traded on exchanges in the last 24 hours. Over the last week, Optimism has traded up 8.4% against the U.S. dollar. One Optimism token can now be bought for approximately $4.02 or 0.00006550 BTC on exchanges.

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

  • KILT Protocol (KILT) traded up 9.4% against the dollar and now trades at $0.37 or 0.00000598 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0107 or 0.00000017 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 down 0.8% against the dollar and now trades at $0.0108 or 0.00000018 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Optimism

Optimism’s launch date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 957,378,568 tokens. Optimism’s official website is www.optimism.io. Optimism’s official Twitter account is @optimismfnd and its Facebook page is accessible here. 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.”

Buying and Selling Optimism

It is usually not currently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Optimism using one of the aforementioned exchanges.

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