Cryptocurrency Q&A
What is the circulating supply of op?
What is the circulating supply of op?
SumoStrength
Mon Sep 16 2024
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6 answers
1037
Could you please elaborate on the concept of "circulating supply" in the context of cryptocurrency, specifically for the token known as "OP"? How is this metric calculated, and what significance does it hold for investors and traders in the market? Understanding the circulating supply can help assess the token's scarcity, market capitalization, and potential for price appreciation. Could you provide a concise yet informative explanation of this crucial aspect of OP's market dynamics?
6 answers
CharmedFantasy
Wed Sep 18 2024
Looking at the broader picture, OP has a maximum supply of 4.29 billion coins, outlining the potential for future growth and expansion within its ecosystem. This cap sets a limit on the total number of OP coins that can exist, adding a layer of scarcity to the asset.
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DigitalBaron
Wed Sep 18 2024
OP, a cryptocurrency, has maintained a stable price movement in the last 24 hours, with no noticeable change in its value, marked as +0.00%. This stability indicates a balanced demand and supply scenario in the market.
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Giulia
Wed Sep 18 2024
In terms of circulation, OP boasts a significant presence with a circulating supply of 1.19 billion coins. This number highlights the accessibility and liquidity of OP in the cryptocurrency ecosystem.
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Ilaria
Tue Sep 17 2024
In the realm of market capitalization, OP holds a respectable position, ranking 52nd among its peers. This ranking underscores the cryptocurrency's strength and appeal among investors and traders.
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KimonoElegance
Tue Sep 17 2024
Throughout the past 24 hours, OP has reached a high of $1.47, which was recorded on August 10, 2024. This milestone demonstrates the asset's ability to attract bullish sentiment and gain traction in the market.
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