Optimism (OP) Trading 8.1% Lower Over Last 7 Days

Optimism (OP) traded up 3.3% against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on August 30th. One Optimism token can now be bought for approximately $1.47 or 0.00002474 BTC on major cryptocurrency exchanges. Optimism has a market cap of $1.74 billion and $139.50 million worth of Optimism was traded on exchanges in the last 24 hours. Over the last week, Optimism has traded 8.1% lower against the U.S. dollar.

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

• 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 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 down 2.2% 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 9% lower against the dollar and now trades at $0.0515 or 0.00000087 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Optimism

Optimism’s genesis date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,187,596,466 tokens. The official website for Optimism is www.optimism.io. Optimism’s official message board is optimism.mirror.xyz. Optimism’s official Twitter account is @optimism and its Facebook page is accessible here.

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 U.S. dollars. Investors seeking to trade 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