Optimism Self Reported Market Cap Reaches $1.85 Billion (OP)

Optimism (OP) traded down 6% against the U.S. dollar during the one day period ending at 15:00 PM ET on July 3rd. Optimism has a market capitalization of $1.85 billion and approximately $164.28 million worth of Optimism was traded on exchanges in the last day. Over the last seven days, Optimism has traded 4.5% lower against the U.S. dollar. One Optimism token can currently be bought for approximately $1.65 or 0.00002743 BTC on exchanges.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 3.4% against the dollar and now trades at $0.20 or 0.00000333 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 up 1.9% 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.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.7% higher against the dollar and now trades at $0.0120 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Optimism

Optimism’s genesis date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,121,728,540 tokens. Optimism’s official message board is optimism.mirror.xyz. Optimism’s official website is www.optimism.io. Optimism’s official Twitter account is @optimismfnd and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to acquire Optimism should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Optimism using one of the exchanges listed above.

OP/USD price chart by TradingView