Optimism Price Reaches $0.94 on Major Exchanges (OP)

Optimism (OP) traded 5.8% higher against the US dollar during the 1-day period ending at 0:00 AM E.T. on November 29th. During the last seven days, Optimism has traded up 7.8% against the US dollar. One Optimism token can now be bought for about $0.94 or 0.00005581 BTC on major exchanges. Optimism has a total market capitalization of $202.55 million and $36.11 million worth of Optimism was traded on exchanges in the last day.Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 9.5% against the dollar and now trades at $0.38 or 0.00002261 BTC.
• Aidi Finance (BSC) (AIDI) traded 4.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded up 4.1% against the dollar and now trades at $0.0461 or 0.00000280 BTC.
• CareCoin (CARES) traded up 4.1% against the dollar and now trades at $0.0572 or 0.00000347 BTC.
• OmniaVerse (OMNIA) traded 2.8% lower against the dollar and now trades at $0.0010 or 0.00000006 BTC.
• 2G Carbon Coin (2GCC) traded down 6.9% against the dollar and now trades at $1,157.16 or 0.07029755 BTC.
• Kitty Inu (KITTY) traded 4.1% higher against the dollar and now trades at $81.71 or 0.00496377 BTC.
• Lunar (LNR) traded 3.7% lower against the dollar and now trades at $0.0451 or 0.00000274 BTC.
• Hokkaidu Inu (HOKK) traded down 15.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• QANplatform (QANX) traded up 4.1% against the dollar and now trades at $4,969.89 or 0.30192019 BTC.

Optimism Token Profile

Optimism’s genesis date was November 11th, 2021. Optimism’s total supply is 4,294,967,296 tokens and its circulating supply is 214,748,364 tokens. Optimism’s official message board is optimismpbc.medium.com. The official website for Optimism is www.optimism.io. Optimism’s official Twitter account is @optimismpbc and its Facebook page is accessible here.According to CryptoCompare, “Optimism (OP) is a layer-two smart contract network that aims to enable low-cost, near-instantaneous Ethereum transactions. Optimism speeds up Ethereum transactions and cuts their costs by settling them on another blockchain.It uses a technique called optimism rollups, whereby multiple transactions are batched into one and settled on the Optimism layer, with data fed back to the main Ethereum network. Its rollups “optimistically” assume all transactions in them are valid.Optimism was introduced in June 2019 and its testnet was released in October 2019. In January 2021, an alpha mainnet of Optimism was launched, but it took until October 2021 for Optimism to launch a network compatible with the Ethereum Virtual Machine.What is OP used for?The OP token shifts the network’s structure by fueling the Optimism Collective, a governance system for funding composed of the Token House and the Citizens’ House. The Token House allows OP holders to vote on projects associated with Optimism, while the Citizens’ House facilitates and governs funding for projects aimed at promoting public goods.Rumors Optimism was launching a governance token started circulating on April 20, 2022 when an OP token page was spotted on Coinbase.Where can you buy OP?The cryptocurrency is currently being traded on most top cryptocurrency exchanges, including Coinbase, Kraken,  Binance, and FTX. You can find out where to buy SOL on the cryptocurrency’s markets page on CryptoCompare.”

Buying and Selling Optimism

It is usually not currently possible to purchase alternative cryptocurrencies such as Optimism directly using US dollars. Investors seeking to acquire Optimism should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Optimism using one of the exchanges listed above.