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Home Cryptocurrency Alt coins

The price of Optimism increased by 2 times according to Coinbase

Admin by Admin
02.06.2022
in Alt coins, Cryptocurrency
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Reading time: ~2 m


The listing of the native management token Optimism (OP) protocol Token House was announced by several leading trading crypto platforms, including Coinbase, Binance and Kucoin. According to Coinbase, the appearance of digital assets on large markets led to an increase in price from $ 0.79 to $ 1.92 during the day from June 1 to June 2, 2022. The increase occurred more than 2 times.

A press release Coinbase said that OP will participate in a trading pair with Tether (USDT), and operations will be carried out when liquidity conditions are met. The token has been given the status of “experimental”. Such a designation of the exchange carries a warning that trading transactions on this asset can occur in smaller volumes and with increased volatility, compared to other cryptocurrencies placed on the platform.

As of 12:00 Moscow time on June 2, 2022, the rate corrected from peak values to $1.12.

The creators of the Optimism subnetwork, specializing in working with the Ethereum Virtual Machine (EVM), recognized the main goal of the project as scaling the Ethereum blockchain at level 2 (L2). This is facilitated by 2-node branching using the Citizen House and Token House protocols, of which the OP token is a part.

According to technical experts, the use of the tool will provide the possibility of fast and less expensive transactions, as well as a simple interface for integration into the work of third-party decentralized applications (dApp). As a result, it will affect the global development of opportunities for the implementation of the Web3 space.


#price #Optimism #increased #times #Coinbase

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