Optimism (OP) Price Tops $2.16 on Top Exchanges

Optimism (OP) traded 2.1% higher against the US dollar during the 1 day period ending at 12:00 PM E.T. on November 22nd. One Optimism token can currently be purchased for about $2.16 or 0.00002177 BTC on cryptocurrency exchanges. Optimism has a market cap of $2.71 billion and $1.04 billion worth of Optimism was traded on exchanges in the last 24 hours. Over the last seven days, Optimism has traded up 41.8% against the US dollar.

Here’s how other cryptocurrencies have performed over 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 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 up 1.4% against the dollar and now trades at $98,369.08 or 0.99294846 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $97,801.18 or 0.98721600 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Profile

Optimism launched on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,255,070,491 tokens. Optimism’s official message board is optimism.mirror.xyz. The official website for Optimism is www.optimism.io. Optimism’s official Twitter account is @optimism 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 possible to buy alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to trade Optimism should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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