Optimism (OP) Reaches 24 Hour Volume of $347.26 Million

Optimism (OP) traded 3.6% higher against the US dollar during the 1 day period ending at 20:00 PM ET on May 15th. During the last seven days, Optimism has traded down 3.8% against the US dollar. One Optimism token can currently be purchased for about $2.48 or 0.00003747 BTC on major cryptocurrency exchanges. Optimism has a market cap of $2.59 billion and $347.26 million worth of Optimism was traded on exchanges in the last 24 hours.

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

  • KILT Protocol (KILT) traded 4.2% higher against the dollar and now trades at $0.29 or 0.00000440 BTC.
  • 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.
  • Kitty Inu (KITTY) traded up 1.9% 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 1.4% against the dollar and now trades at $0.0106 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower 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 1,045,379,867 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.”

Buying and Selling Optimism

It is usually not possible to buy alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the exchanges listed above.

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