Cryptocurrency Optimism Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price has decreased by 3.18% over the past 24 hours to $1.6, contrary to its performance over the past week where it experienced an up-trend of 7.0%. The trading volume of Optimism has climbed 63.0% over the past week and the circulating supply of the coin has increased 5.57%, bringing the circulating supply to 716.71 million, which makes up an estimated 16.69% of its max supply of 4.29 billion. The current market cap ranking for OP is #43 at $1.15 billion.
August 04, 2023 | 10:05 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Optimism's price has decreased by 3.18% over the past 24 hours, despite a 7.0% uptrend over the past week. The trading volume and circulating supply have increased.
The decrease in Optimism's price over the past 24 hours, despite the uptrend over the past week, could lead to a short-term negative impact on its price. The increase in trading volume and circulating supply could indicate a higher market interest, but it has not been enough to prevent the price drop in the last 24 hours.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100