Opium (OPIUM) Price Tops $0.16 on Major Exchanges

Opium (OPIUM) traded up 2.7% against the US dollar during the 24 hour period ending at 18:00 PM ET on June 23rd. In the last week, Opium has traded up 1.2% against the US dollar. One Opium coin can currently be purchased for approximately $0.16 or 0.00000771 BTC on exchanges. Opium has a total market capitalization of $665,931.79 and approximately $32,136.00 worth of Opium was traded on exchanges in the last day.

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

  • JUMPN (JST) traded down 54% against the dollar and now trades at $5.46 or 0.00018651 BTC.
  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00004812 BTC.
  • CV SHOTS (CVSHOT) traded up 12.2% against the dollar and now trades at $23.05 or 0.00110997 BTC.
  • Sweet SOL (SSOL) traded 600.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Bitsubishi (BITSU) traded down 7.3% against the dollar and now trades at $82.83 or 0.00398903 BTC.
  • Tari World (TARI) traded 15.3% higher against the dollar and now trades at $15.83 or 0.00076245 BTC.
  • Wrapped Cardano (WADA) traded 2.3% higher against the dollar and now trades at $0.47 or 0.00002285 BTC.
  • XRP (XRP) traded up 2.5% against the dollar and now trades at $0.33 or 0.00001601 BTC.
  • Lido stETH (STETH) traded down 0.6% against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Gateway Protocol (GWP) traded down 3% against the dollar and now trades at $2.90 or 0.00013983 BTC.

Opium Profile

Opium launched on January 25th, 2021. Opium’s official Twitter account is @Opium_Network. The Reddit community for Opium is https://reddit.com/r/opium_network.

According to CryptoCompare, “The Opium protocol is a universal protocol to create, settle and trade virtually all derivatives and financial instruments in a professional and trustless way. It allows anyone to build custom exchange-traded products on top of the Ethereum blockchain. Once created, they can be traded freely via a network of relayers and will be priced according to supply and demand. The Opium Network is a learning ecosystem that can work with the custom logic of both derivatives and oracles. All created positions are represented by ERC-721o tokens that are specially designed for trading financial instruments and can be combined into portfolios and natively traded in combined orders. At the same time, these tokens are backward compatible with the ERC-721 token standard and can be used in existing ecosystems. “

Opium Coin Trading

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

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