Optimism (OP) Price Up 0.6% Over Last Week

Optimism (OP) traded up 0.5% against the dollar during the twenty-four hour period ending at 7:00 AM E.T. on October 20th. One Optimism token can currently be purchased for about $1.70 or 0.00002485 BTC on cryptocurrency exchanges. Optimism has a total market capitalization of $2.13 billion and $82.71 million worth of Optimism was traded on exchanges in the last day. During the last week, Optimism has traded 0.6% higher against the dollar.

Here’s how other 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 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.3% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% higher against the dollar and now trades at $171.28 or 0.00250399 BTC.

Optimism Profile

Optimism’s launch date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,255,070,491 tokens. The official message board for Optimism is optimism.mirror.xyz. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. 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 buy alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to acquire Optimism should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Optimism using one of the aforementioned exchanges.

OP/USD price chart by TradingView