Optimism (OP) Self Reported Market Cap Reaches $1.74 Billion

Optimism (OP) traded up 8.1% against the US dollar during the 24-hour period ending at 7:00 AM ET on February 26th. Optimism has a total market cap of $1.74 billion and $212.85 million worth of Optimism was traded on exchanges in the last day. Over the last seven days, Optimism has traded 6.3% lower against the US dollar. One Optimism token can now be purchased for approximately $1.07 or 0.00001210 BTC on exchanges.

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

• Taiko (TAIKO) traded up 0.8% against the dollar and now trades at $0.91 or 0.00001022 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.6% higher against the dollar and now trades at $88,550.73 or 0.99884943 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $88,151.26 or 0.99434338 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Optimism Token Profile

Optimism’s genesis date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,620,705,846 tokens. The official website for Optimism 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.”

Optimism Token Trading

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

OP/USD price chart by TradingView