Cryptocurrency Optimism Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price has risen 4.44% to $1.27 in the past 24 hours, continuing its positive trend over the past week with a 3.0% gain. The trading volume for the coin has decreased 27.0% over the past week, while the overall circulating supply of the coin has decreased 0.35% to over 644.59 million. The current market cap ranking for OP is #50 at $810.80 million.
July 12, 2023 | 3:01 pm
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Optimism's (CRYPTO: OP) price has risen 4.44% to $1.27 in the past 24 hours, continuing its positive trend over the past week with a 3.0% gain. The trading volume for the coin has decreased 27.0% over the past week.
The price of Optimism has been on a positive trend, which is a good sign for investors. However, the decrease in trading volume could indicate a decrease in interest or liquidity, which could potentially impact the price negatively in the future. The decrease in circulating supply could also potentially drive the price up due to scarcity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100