Optimism (OP) Self Reported Market Capitalization Reaches $1.70 Billion

Optimism (OP) traded 2.5% lower against the U.S. dollar during the twenty-four hour period ending at 23:00 PM ET on August 3rd. One Optimism token can currently be purchased for $1.43 or 0.00002352 BTC on popular cryptocurrency exchanges. During the last week, Optimism has traded down 17.8% against the U.S. dollar. Optimism has a total market cap of $1.70 billion and approximately $170.99 million worth of Optimism was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 0.1% against the dollar and now trades at $0.0123 or 0.00000020 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 down 17.1% against the dollar and now trades at $0.0811 or 0.00000134 BTC.

About Optimism

Optimism’s launch 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. Optimism’s official message board is optimism.mirror.xyz. Optimism’s official Twitter account is @optimismfnd and its Facebook page is accessible here. The official website for Optimism 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 presently possible to buy alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to trade Optimism should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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