Optimism (OP) Price Hits $0.30 on Major Exchanges

Optimism (OP) traded 2.3% higher against the dollar during the 24-hour period ending at 11:00 AM Eastern on January 28th. Over the last seven days, Optimism has traded 1.3% lower against the dollar. One Optimism token can now be purchased for approximately $0.30 or 0.00000335 BTC on exchanges. Optimism has a total market cap of $585.62 million and $70.10 million worth of Optimism was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded 1.8% higher against the dollar and now trades at $89,166.37 or 0.99030528 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% higher against the dollar and now trades at $88,748.55 or 0.99468544 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Profile

Optimism was first traded on November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,944,092,497 tokens. Optimism’s official website is www.optimism.io. Optimism’s official Twitter account is @optimism 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 U.S. dollars. Investors seeking to acquire Optimism should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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