Optimism (OP) Trading Down 23.4% This Week

Optimism (OP) traded up 5.2% against the US dollar during the 1-day period ending at 10:00 AM Eastern on April 18th. During the last week, Optimism has traded 23.4% lower against the US dollar. One Optimism token can currently be bought for $2.25 or 0.00003539 BTC on cryptocurrency exchanges. Optimism has a market capitalization of $2.36 billion and $237.08 million worth of Optimism was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 1.8% higher against the dollar and now trades at $0.33 or 0.00000522 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 $0.0085 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Profile

Optimism launched 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 website is www.optimism.io. Optimism’s official Twitter account is @optimismfnd 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.”

Buying and Selling Optimism

It is usually not 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