Cryptocurrency Optimism Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price has fallen 4.02% to $1.33 in the past 24 hours, contrasting its positive trend over the past week where it gained 5.0%. The trading volume for the coin has increased 92.0% over the past week and the overall circulating supply has increased 10.44% to over 880.44 million. The current market cap ranking for OP is #41 at $1.18 billion.
October 03, 2023 | 7:01 pm
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NEGATIVE IMPACT
Optimism's price has dropped 4.02% in the past 24 hours, despite a 5.0% gain over the past week. The trading volume and circulating supply have increased.
The price of Optimism has fallen in the short term, which could lead to a negative impact on its stock. However, the increase in trading volume and circulating supply could indicate a higher demand, potentially leading to a recovery in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100