Cryptocurrency Optimism Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price rose 3.92% to $1.67 in the past 24 hours, continuing its positive trend over the past week with a 9.0% gain. The trading volume for the coin has increased 34.0% over the past week, while the overall circulating supply of the coin has decreased 0.17%. The current market cap ranking for OP is #43 at $1.13 billion.
July 31, 2023 | 3:01 pm
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Optimism's (CRYPTO: OP) price rose 3.92% to $1.67 in the past 24 hours, continuing its positive trend over the past week with a 9.0% gain. The trading volume for the coin has increased 34.0% over the past week.
The price of Optimism has been on a positive trend, increasing by 3.92% in the past 24 hours and 9.0% over the past week. This, coupled with a 34.0% increase in trading volume over the past week, indicates a strong demand for the coin. The decrease in circulating supply could also be contributing to the price increase as it creates a supply-demand imbalance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100