Optimism Price Hits $2.58 on Top Exchanges (OP)

Optimism (OP) traded 0.5% higher against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on May 26th. One Optimism token can now be bought for approximately $2.58 or 0.00003736 BTC on popular cryptocurrency exchanges. Over the last seven days, Optimism has traded 1.3% higher against the U.S. dollar. Optimism has a market cap of $2.81 billion and approximately $237.42 million worth of Optimism was traded on exchanges in the last day.

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

  • KILT Protocol (KILT) traded down 5.1% against the dollar and now trades at $0.29 or 0.00000425 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 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 0.3% lower against the dollar and now trades at $0.0098 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Optimism Token Profile

Optimism’s launch date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 1,086,889,963 tokens. Optimism’s official Twitter account is @optimismfnd and its Facebook page is accessible here. Optimism’s official website 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.”

Buying and Selling Optimism

It is usually not possible to purchase alternative cryptocurrencies such as Optimism directly using U.S. dollars. Investors seeking to trade Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the aforementioned exchanges.

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