Optimism (OP) Achieves Self Reported Market Cap of $2.06 Billion

Optimism (OP) traded down 7.8% against the US dollar during the 1-day period ending at 10:00 AM ET on October 31st. Optimism has a total market cap of $2.06 billion and approximately $149.60 million worth of Optimism was traded on exchanges in the last day. One Optimism token can currently be purchased for about $1.64 or 0.00002308 BTC on major cryptocurrency exchanges. In the last seven days, Optimism has traded 2.6% lower against the US dollar.

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

• 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 2.2% lower 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0% higher against the dollar and now trades at $71,964.89 or 1.01261578 BTC.
• SolvBTC (SOLVBTC) traded 0.6% lower against the dollar and now trades at $71,688.21 or 1.00872251 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Optimism

Optimism was first traded on 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 website for Optimism is www.optimism.io. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here. Optimism’s official message board is optimism.mirror.xyz.

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 presently possible to buy alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to acquire Optimism should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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