clOP, the cloned asset of Optimism (OP) on Solana, encapsulates an innovative Layer 2 solution designed to elevate Ethereum's scalability and performance. Optimism stands out with its single-round fraud proof mechanism, which prioritizes transaction speed and efficiency, making it particularly suitable for environments where rapid transaction processing is crucial.
Central to the Optimism ecosystem, the OP token plays a crucial role in transaction fees and governance. clOP extends the reach of OP to Solana traders, allowing them exposure to the dynamic Ethereum ecosystem natively on Solana. This integration diversifies trading options and connects two innovative blockchain networks, enriching the Solana trading experience.
clOP maintains a stable relationship with OP since clOP can always be minted at a 1:1 ratio by depositing deBridge OP, ensuring a reliable peg between the two. This backing guarantees stability for clOP within the Solana ecosystem, providing traders with consistent and secure trading opportunities.
What is the highest value Cloned Optimism (CLOP) has ever reached?
Cloned Optimism (CLOP) reached its peak price at 4.84 $ on 06 March 2024, approximately 2 years ago ago. Presently, the current price is -89.74% lower than this all-time high.
What is the historical minimum price for Cloned Optimism (CLOP)?
The minimum price reached for Cloned Optimism (CLOP) was 0.4925 $, documented on 26 August 2024, more than a year ago. In comparison, the current price is 0.73%, it above this historical low.
What is the fully diluted valuation of Cloned Optimism (CLOP)?
The fully diluted valuation (FDV) of Cloned Optimism (CLOP) stands at $ 3,174.49. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CLOP tokens. The realization of this FDV might take several years depending on the emission schedule of CLOP tokens.