Governance Updates for Season 8
OP
OP
-0.87%
Optimism has revealed upcoming governance changes for Season 8, set to take effect on August 1st. The adjustments draw on principles from political science and corporate governance, refined through three years of ecosystem experimentation. The goal is to build a more resilient and inclusive Superchain. Key components include the Token House, Citizens' House, Optimistic Approval mechanisms, and the introduction of a Dynamic Veto process.
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24-Hour High
$0.7297
24-Hour Volume
$11.19M
All-Time High
$4.84
All-Time Low
$0.4021
Market Cap / FDV
40.8%
FDV
$2.97B
24-Hour Low
$0.667
Market Cap
$2.97B
Circulating Supply
1.75B OP
Total Supply
4.29B OP
Max Supply
4.29B OP
Market Sentiment
--
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.48% | 3.38% | 2.94% | 29.59% | 57.7% |
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💗💗💗
Eat a lot of meat, you subscribe to the family, the 690-69500 goal said in the live broadcast room is coming, and in the short term, let your family reduce their positions around 70000-70500 and take profit, and take profit at the highest level!
Keep up the good work, family, we will move forward side by side in this wave of big bull market, whether it is spot or contract, the family members who eat big meat will leave a message below the news to eat big meat!!
Spot:
The current return is 40%+ near STX 2.5, YGG recommends the current return 65%+ around 0.75-0.8, OP recommends the current return 26%+ near 3U, DOGE recommends the current return 30%+ around 0.13, and ICP recommends the current return 50%+ around 11-12
Those students who are still hesitant to subscribe have missed this wave of spot and contract meat opportunities, and if you miss it, you will miss the opportunity of the entire bull market, don't miss it again after work!!
Predict today's market trend and click on Hong's avatar to enter the live broadcast room!!
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OP FAQ
How to buy OP?
You can buy OP via Gate.com by following the steps on how to buy OP once you have funded your account.
What determines the price movement of OP (OP)?
There are two perspectives on how the price of OP is determined.
Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of OP. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect OP's value.
Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of OP based on past trends, based on the principle that 'history tends to repeat itself.' Price action of OP is also affected by news, announcements, and the general sentiment of the community.
While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of OP.
What is the all-time high price of OP?
OP reached an all-time high of $4.84 in 2024-03-06, while its current trading price is $0.6921.
What is the all-time low price of OP?
OP reached its historical low of $0.4021 in 2024-03-06.
What is the current market cap of OP?
The current market cap of OP is $2.97B, with OP’s circulating supply at 1.75B OP and the current trading price at $0.6921.
How many OP tokens are there in the market?
Currently, there are 1.75B OP circulating in the market. These OP tokens can be traded or used on the open market.
What is the maximum supply of OP?
The maximum supply of OP is 4.29B, including its circulating supply, locked or staked amounts, and any supply yet to be mined, minted, or created.
What is the fully diluted market cap of OP?
Currently, the fully diluted market cap (FDV) of OP is $2.97B. This is calculated by multiplying the circulating supply by the current price of $0.6921, assuming all of the token’s supply enters circulation.
What is the price prediction for OP?
The OP price prediction uses algorithms that automatically identify trends in historical data and make predictions and adjustments based on current market conditions. With advanced machine learning, the price prediction can help users assess the trends in the cryptocurrency market before making an investment.
Is OP a good investment?
OP has a strong return potential due to its inherent volatility, which offers opportunities for profit. However, volatility is a double-edged sword and is more suited for investors with a high-risk tolerance and good financial health. It’s important to remember that OP and the broader crypto market are always impacted by extreme market conditions, legal policies, social media stories, and other unpredictable factors. Therefore, before investing in OP, it's recommended that you conduct thorough research and practice risk management.
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