Optimism Price Tops $1.64 on Major Exchanges (OP)

Optimism (OP) traded 0.9% lower against the US dollar during the 1-day period ending at 13:00 PM Eastern on July 31st. One Optimism token can currently be purchased for about $1.64 or 0.00002458 BTC on major exchanges. Optimism has a market capitalization of $1.94 billion and $186.23 million worth of Optimism was traded on exchanges in the last day. Over the last week, Optimism has traded down 10.9% against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 2.9% against the dollar and now trades at $0.17 or 0.00000261 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 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.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.3% lower against the dollar and now trades at $0.0127 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Profile

Optimism’s genesis 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 website 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.”

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 GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView