Optimism

Coin

<ul class="news-points"> 
 <li>DefiLlama announced yesterday that it started tracking OP emissions on its Unlocks Dashboard.</li> 
 <li>According to the platform, just over 2.5 billion OP tokens will be unlocked after 2026.</li> 
 <li>At press time, OP was trading at $1.36 after it gained 1.15% over the past 24 hours.</li> 
</ul> 
The DeFi analytics platform DefiLlama announced on Twitter yesterday that it started tracking Optimism’s OP emissions on its Unlocks Dashboard. According to DefiLlama’s data, it is estimated that just over 2.5 billion OP tokens will be unlocked after 2026. 
This figure was generated by emissions from investors, the Optimism team, Airdrops, Retroactive public goods funding, and the ecosystem fund. Emissions are a process by which new tokens are created and then released into circulation. As a result, the supply of <a href="https://coinedition.com/tag/Optimism-op/">Optimism (OP)</a> will be diluted, causing its price to drop. 
Meanwhile, CoinMarketCap indicated that <a href="https://coinedition.com/optimism-op-price-prediction/">OP’s price</a> was able to climb by about 1.15% heading into the new week. As a result, the altcoin was worth about $1.36 at press time. Yet, despite the crypto’s price rise, its weekly performance was still in the red zone at -0.08%. 
Furthermore, OP’s 24-hour trading volume fell b…
The post <a rel="nofollow" href="https://coinedition.com/ops-bullish-trend-likely-to-continue-but-emission-concern-looms/">OP’s Bullish Trend Likely To Continue, But Emission Concern Looms</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

OP’s Bullish Trend Likely To Continue, But Emission Concern Looms

Coin Edition

Other articles published on Jul 3, 2023

BlackRock Makes Second Attempt at Spot Bitcoin ETF, Teams Up with CoinBase as SSA Partner

These Small BTC Whales Continue to Buy Bitcoin Aggressively: Report

Tim Draper pushes bitcoin price estimate to $250k by 2025

xCall Focus Testing Recap - Reposted from https://icon.community/

XRP Enters Falling Wedge, Here's What It Means

Surprise Listing on Binance Drives Attention and Momentum to Pendle Cryptocurrency

Join our free newsletter for daily crypto updates!