CryptoOptimistic: Starting today, there will be several transactions totaling approximately 116 million...

Optimistic: Starting today, there will be several transactions totaling approximately 116 million OP tokens

Optimism said in its official tweet that starting today, there will be several transactions totaling approximately 116 million OP tokens (worth $162.4 million), aiming to let the community know in advance that these are planned transactions.

Optimism also said that the $162.4 million in tokens came from “the unallocated portion of the OP token pool, which was part of the foundation’s original working budget and represented 30% of the initial OP token supply.”

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Why is AVAX So Popular?

Avalanche (AVAX) has quickly become one of the most...

Is Avalanche a Good Crypto to Buy?

Cryptocurrency has evolved from being a niche investment to...

What Does Avalanche Crypto Do?

In the rapidly evolving world of cryptocurrencies, it is...

Bitcoin Arbitrage and Yield Strategies Revolutionize Trading Landscape

Bitcoin trading is evolving with new arbitrage and yield-generating...

Whales Scoop Up 750 Million DOGE as Analysts Forecast Major Dogecoin Rally

Dogecoin has seen significant activity from large investors, or...

Gemini Considers IPO Amid Growing Crypto Sector Support Under Trump Administration

Gemini, the cryptocurrency exchange and custodian backed by the...