Optimism (OP) Self Reported Market Capitalization Tops $2.19 Billion

Optimism (OP) traded down 1.7% against the US dollar during the one day period ending at 22:00 PM ET on October 15th. One Optimism token can now be bought for about $1.74 or 0.00002582 BTC on popular exchanges. During the last seven days, Optimism has traded up 5.4% against the US dollar. Optimism has a total market capitalization of $2.19 billion and $176.66 million worth of Optimism was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • 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 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 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded down 11.6% against the dollar and now trades at $0.0457 or 0.00000068 BTC.
  • P2P Solutions foundation (P2PS) traded down 0.5% against the dollar and now trades at $169.17 or 0.00250790 BTC.

Optimism Token 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 Twitter account is @optimism and its Facebook page is accessible here. Optimism’s official website is www.optimism.io. 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 currently possible to purchase alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to trade Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the exchanges listed above.

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