Optimism 24-Hour Volume Reaches $308.81 Million (OP)
by Michael Walen · The Markets DailyOptimism (OP) traded 12.8% higher against the US dollar during the 1 day period ending at 21:00 PM E.T. on November 6th. Over the last seven days, Optimism has traded down 3.9% against the US dollar. Optimism has a total market capitalization of $2.06 billion and approximately $308.81 million worth of Optimism was traded on exchanges in the last day. One Optimism token can now be purchased for $1.64 or 0.00002175 BTC on popular cryptocurrency exchanges.
Here’s how related cryptocurrencies have performed over the last day:
- 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 down 2.2% 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.
- SolvBTC.BBN (SOLVBTC.BB) traded up 7.2% against the dollar and now trades at $75,647.88 or 1.00397503 BTC.
- SolvBTC (SOLVBTC) traded up 6.5% against the dollar and now trades at $75,494.20 or 1.00193540 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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 1,255,070,491 tokens. Optimism’s official website 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 currently possible to buy alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to acquire Optimism should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX 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