Optimism Trading Up 1.5% Over Last 7 Days (OP)

Optimism (OP) traded up 1.5% against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on December 16th. Optimism has a market cap of $3.11 billion and approximately $419.19 million worth of Optimism was traded on exchanges in the last day. One Optimism token can currently be purchased for about $2.48 or 0.00002385 BTC on exchanges. In the last week, Optimism has traded up 1.5% against the dollar.

Here’s 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 1.2% higher 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 2% higher against the dollar and now trades at $104,132.63 or 1.00162401 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.8% against the dollar and now trades at $103,556.24 or 0.99607987 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.

Optimism Token Profile

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. Optimism’s official website is www.optimism.io. The official message board for Optimism 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 acquire Optimism should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView