Optimism (OP) Price

Optimism Price OP

Set Optimism (OP) Price
3.398900 EUR
+0.533622 EUR
11.86%
week

Optimism Market data

General information

Launch date
Category
Optimism Ecosystem,
Layer 2 (L2),
Paradigm Portfolio
Official website
https://app.optimism.io/governance

Price performance

24h Low
3.210000 EUR
24h High
3.420000 EUR
All time high
12/01/2024
3.860000 EUR
-11.45%
All time low
18/06/2022
0.383155000 EUR
792.05%

Market data

Market rank
28
Market cap
3263794204.00 EUR
Market dominance
0.19%
24h trading volume
155295175.00 EUR

Circulating supply

Circulating supply
957378568.00 OP
Total supply
4294967296.00 OP
Max supply
4294967296.00 OP

Optimism Price Overview

The current Optimism price is 3.400000 EUR. The price has changed by 3.76% in the past 24 hours on trading volume of 155295175.00 EUR. The market rank of Optimism is 28 based on a market capitalization of 3263794204.00 EUR. Optimism has a circulating supply of 957378568.00 OP. The highest recorded Optimism price is 3.860000 EUR. And the lowest recorded OP price is 0.380000000 EUR.

How do Optimism price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

Analysing Optimism’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Optimism matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Optimism chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

You can consult an expert to tell you how to buy Optimism. However, it’s fast and easy to buy Optimism with the Kriptomat app. Optimism is available for immediate purchase at the current Optimism price quote of 3.400000 EUR <span class='coin-currency'>EUR</span>. Current prices are always displayed in the Optimism chart.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Optimism

Many factors affect the value of Optimism.

The Optimism exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Optimism and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Optimism in the news, monitor OP on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Optimism? Or will they close a technology gap, rendering Optimism less valuable as an investment?

Live Optimism value and market cap

The live Optimism exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Optimism is equal to the value of Optimism multiplied by the number of Optimism in circulation.

What payment methods can I use to buy Optimism

What can you do with your Optimism?

Buy Optimism with euros

Access Optimism tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Optimism

Swap some or all of your Optimism for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Optimism

Use the Optimism you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Optimism for euros

Simplify your life with the Web3 wallet that lets you sell your Optimism for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Optimism

With Optimism, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Optimism at competitive interest rates.

Hold your Optimism

Your Optimism tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

Optimism Price FAQ

What factors influence the price of Optimism?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Optimism tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Optimism in EUR?

Optimism price history shows that Optimism has recorded a peak value of 3.860000.

What is the lowest price of Optimism in EUR?

Kriptomat data confirms that 0.380000000 EUR is the lowest recorded Optimism value.

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of Kriptomat or its employees. Any investment is risky, and past returns are not a guarantee of future returns. Risk only assets that you can afford to lose. By using our services, you confirm that you are aware of the risks associated with using our services and that you fully understand and accept our non-liability for the risks related to virtual assets and your investment. More information is also available in our Risks of trading virtual assets and Terms of Use, and special warning notifications you receive while using our services.

Buy OP with our Web3 wallet

Trade OP securely and privately on our mobile application with built in web3 wallet.

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