Optimism Price Up 24.5% This Week (OP)

Optimism (OP) traded 2.3% lower against the dollar during the 1 day period ending at 23:00 PM E.T. on May 3rd. Optimism has a total market cap of $3.00 billion and approximately $338.50 million worth of Optimism was traded on exchanges in the last day. In the last week, Optimism has traded 24.5% higher against the dollar. One Optimism token can now be purchased for $2.87 or 0.00004577 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 2.3% higher against the dollar and now trades at $0.30 or 0.00000476 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.4% higher against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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 1,045,379,867 tokens. Optimism’s official Twitter account is @optimismfnd and its Facebook page is accessible here. The official website for Optimism is www.optimism.io. 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 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Optimism using one of the aforementioned exchanges.

OP/USD price chart by TradingView