Optimism (OP) Achieves Self Reported Market Cap of $2.23 Billion

Optimism (OP) traded 2.7% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on November 18th. One Optimism token can currently be purchased for approximately $1.78 or 0.00001937 BTC on major cryptocurrency exchanges. Optimism has a total market capitalization of $2.23 billion and approximately $398.21 million worth of Optimism was traded on exchanges in the last day. During the last week, Optimism has traded up 2.2% against the U.S. dollar.

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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.5% higher against the dollar and now trades at $91,498.68 or 0.99581718 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.9% higher against the dollar and now trades at $90,914.37 or 0.98945788 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.

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. 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.”

Buying and Selling Optimism

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView