Cryptocurrency Optimism Up More Than 9% In 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's cryptocurrency, OP, has seen a significant increase of 9.02% in its price over the last 24 hours, reaching $2.75. This uptick is part of a broader positive trend, with a 14.0% gain over the past week from $2.4. The coin's all-time high is $4.84. Trading volume for OP has surged by 122.0% in the past week, while its circulating supply has slightly decreased by 0.44%, now representing 24.34% of its maximum supply of 4.29 billion. Currently, OP ranks #42 in market cap at $2.88 billion.
May 02, 2024 | 3:01 pm
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Optimism (OP) has experienced a notable increase of 9.02% in its price to $2.75 over the last 24 hours, contributing to a 14% gain over the week. The trading volume has significantly increased by 122%, and the circulating supply has slightly decreased, indicating a strong market interest and potentially reduced supply pressure.
The significant increase in price and trading volume, combined with a slight decrease in circulating supply, suggests a strong market interest in Optimism (OP). This could lead to further price appreciation in the short term, especially considering the positive trend over the past week.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100