Optimism (OP) Trading Down 4.1% This Week

Optimism (OP) traded down 6.4% against the U.S. dollar during the 24-hour period ending at 17:00 PM Eastern on October 9th. One Optimism token can now be bought for about $1.53 or 0.00002524 BTC on major cryptocurrency exchanges. During the last seven days, Optimism has traded 4.1% lower against the U.S. dollar. Optimism has a market capitalization of $1.92 billion and $145.42 million worth of Optimism was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 down 6% against the dollar and now trades at $0.0498 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded 1.4% lower against the dollar and now trades at $155.96 or 0.00256700 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 1,255,070,491 tokens. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. The official message board for Optimism 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 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Optimism using one of the aforementioned exchanges.

OP/USD price chart by TradingView