Cryptocurrency Optimism Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's cryptocurrency (OP) has seen a 3.61% increase in price over the last 24 hours, reaching $4.02. This rise is part of a broader positive trend, with a 9.0% gain over the past week from $3.7. The coin's all-time high is $4.23. Trading volume for OP has increased by 38.0% in the same period, while the circulating supply has decreased by 0.54%, now standing at 957.38 million coins. Optimism's market cap ranks it 31st at $3.84 billion.
February 20, 2024 | 3:02 pm
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Optimism (OP) has experienced a 3.61% increase in price over the last 24 hours, reaching $4.02, with a 9.0% gain over the past week. The trading volume has increased by 38.0%, and the circulating supply has decreased by 0.54%.
The positive price movement of Optimism (OP) over the past week, coupled with an increase in trading volume and a slight decrease in circulating supply, suggests a strong demand for OP. The increase in trading volume indicates heightened activity and interest in the coin, which could further drive up its price in the short term. However, the cryptocurrency market's volatility necessitates cautious optimism.
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IMPORTANCE 90
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