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The Price Of Optimism (OP) Fell More Than 3% In 24 Hours
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The Price Of Optimism (OP) Fell More Than 3% In 24 Hours

The price of Optimism (OP) has decreased 3.11% over the past 24 hours to $3.71. 

Optimism Price Chart | Source: Coinstats

 

This is contrary to the coin’s performance over the past week where it has experienced an up-trend of 17.0%, moving from $3.15 to its current price.

The chart below compares the price movement and volatility for Optimism over the past 24 hours (left) to its price movement over the past week (right). 

Optimism Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

See Also: Monero (XMR) Price Dropped 6% In 24 Hours As OKX Delists 20 Trading Pairs

The trading volume for the coin has climbed 11.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.09%. 

Optimism Circulating Supply and Trading Volume

 

This brings the circulating supply to 911.29 million, which makes up an estimated 21.22% of its max supply of 4.29 billion. 

According to our data, the current market cap ranking for OP is #29 at $3.38 billion.

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