Optimism Self Reported Market Cap Hits $2.38 Billion (OP)

Optimism (OP) traded 1.3% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on April 19th. Optimism has a market capitalization of $2.38 billion and $240.80 million worth of Optimism was traded on exchanges in the last day. Over the last week, Optimism has traded down 22.1% against the U.S. dollar. One Optimism token can currently be purchased for about $2.27 or 0.00003524 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.33 or 0.00000515 BTC.
• 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 down 2.2% 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.
• 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 1.1% against the dollar and now trades at $0.0087 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Profile

Optimism was first traded on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,045,379,867 tokens. The official website for Optimism is www.optimism.io. The official message board for Optimism is optimism.mirror.xyz. Optimism’s official Twitter account is @optimismfnd 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 currently possible to purchase alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the aforementioned exchanges.

OP/USD price chart by TradingView