Optimism Hits Self Reported Market Capitalization of $1.67 Billion (OP)

Optimism (OP) traded down 0.7% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on August 9th. Over the last seven days, Optimism has traded 3.5% lower against the U.S. dollar. Optimism has a market capitalization of $1.67 billion and $148.56 million worth of Optimism was traded on exchanges in the last 24 hours. One Optimism token can now be bought for $1.41 or 0.00002312 BTC on popular cryptocurrency exchanges.

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

• 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.
• 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.
• 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 1.5% higher against the dollar and now trades at $0.0126 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 1.7% lower against the dollar and now trades at $0.0561 or 0.00000093 BTC.

Optimism Token Profile

Optimism was first traded on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,187,596,466 tokens. Optimism’s official website is www.optimism.io. Optimism’s official message board is optimism.mirror.xyz. Optimism’s official Twitter account is @optimismfnd 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 currently possible to purchase alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to acquire Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX 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