Optimism (OP) Reaches Self Reported Market Cap of $1.40 Billion

Optimism (OP) traded down 0.8% against the dollar during the 24 hour period ending at 8:00 AM ET on March 18th. Optimism has a market cap of $1.40 billion and $126.48 million worth of Optimism was traded on exchanges in the last 24 hours. In the last week, Optimism has traded 3.9% higher against the dollar. One Optimism token can now be bought for about $0.86 or 0.00001046 BTC on popular exchanges.

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

• Taiko (TAIKO) traded 2.9% lower against the dollar and now trades at $0.63 or 0.00000761 BTC.
• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,731.99 or 1.00176671 BTC.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $82,515.20 or 0.99914170 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Optimism Token Profile

Optimism’s genesis 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. 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 currently possible to purchase alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to acquire Optimism should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView