Optimism Price Reaches $0.93 on Major Exchanges (OP)

Optimism (OP) traded 1.6% higher against the dollar during the 1-day period ending at 20:00 PM E.T. on November 24th. Optimism has a total market capitalization of $200.22 million and $64.10 million worth of Optimism was traded on exchanges in the last 24 hours. Over the last week, Optimism has traded 3.1% higher against the dollar. One Optimism token can now be purchased for $0.93 or 0.00005638 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded 11.3% lower against the dollar and now trades at $0.37 or 0.00002254 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 8.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 1.6% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 3.5% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded up 3% against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded 15.4% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 1.6% against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

About Optimism

Optimism was first traded on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 214,748,364 tokens. The official website for Optimism is www.optimism.io. Optimism’s official message board is optimismpbc.medium.com. Optimism’s official Twitter account is @optimismpbc and its Facebook page is accessible here.

According to CryptoCompare, “Optimism (OP) is a layer-two smart contract network that aims to enable low-cost, near-instantaneous Ethereum transactions. Optimism speeds up Ethereum transactions and cuts their costs by settling them on another blockchain.It uses a technique called optimism rollups, whereby multiple transactions are batched into one and settled on the Optimism layer, with data fed back to the main Ethereum network. Its rollups “optimistically” assume all transactions in them are valid.Optimism was introduced in June 2019 and its testnet was released in October 2019. In January 2021, an alpha mainnet of Optimism was launched, but it took until October 2021 for Optimism to launch a network compatible with the Ethereum Virtual Machine.What is OP used for? The OP token shifts the network’s structure by fueling the Optimism Collective, a governance system for funding composed of the Token House and the Citizens’ House. The Token House allows OP holders to vote on projects associated with Optimism, while the Citizens’ House facilitates and governs funding for projects aimed at promoting public goods.Rumors Optimism was launching a governance token started circulating on April 20, 2022 when an OP token page was spotted on Coinbase.Where can you buy OP?The cryptocurrency is currently being traded on most top cryptocurrency exchanges, including Coinbase, Kraken,  Binance, and FTX. You can find out where to buy SOL on the cryptocurrency’s markets page on CryptoCompare.”

Buying and Selling Optimism

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the aforementioned exchanges.

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