Optimism Achieves Self Reported Market Cap of $1.56 Billion (OP)

Optimism (OP) traded 4% higher against the dollar during the 24-hour period ending at 15:00 PM E.T. on August 17th. Optimism has a market capitalization of $1.56 billion and approximately $139.88 million worth of Optimism was traded on exchanges in the last 24 hours. One Optimism token can currently be purchased for $1.32 or 0.00002219 BTC on major exchanges. In the last week, Optimism has traded down 8.9% against the dollar.

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

• 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 2.2% lower 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 1.2% higher 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 up 2.2% against the dollar and now trades at $0.0137 or 0.00000023 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 up 0% against the dollar and now trades at $0.0481 or 0.00000081 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 1,187,596,466 tokens. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. Optimism’s official message board 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 currently possible to buy alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView