Cryptocurrency Optimism Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price rose 4.64% to $1.78 in the past 24 hours, continuing its positive trend over the past week with a 6.0% gain. The coin's all-time high is $3.22. The trading volume for the coin has decreased 52.0% over the past week, while the overall circulating supply of the coin has increased 4.95% to over 716.71 million. The current market cap ranking for OP is #41 at $1.28 billion.
August 07, 2023 | 7:00 pm
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Optimism's (CRYPTO: OP) price rose 4.64% to $1.78 in the past 24 hours, continuing its positive trend over the past week with a 6.0% gain. The coin's trading volume has decreased 52.0% over the past week.
The price of Optimism has been on a positive trend over the past week, 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 increase in circulating supply could also put downward pressure on the price if demand does not keep up.
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