Optimism’s OP Token Jumps Ahead of a16z Project Announcement

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Optimism’s OP Token Jumps Ahead of a16z Project Announcement
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.optimismFND's $OP token rallied nearly 6% on Wednesday after a16z announced it would be building on the layer 2 blockchain. LizKNapolitano reports

The token was trading at $2.66 midday Wednesday, a 5% bump up from its 24 hour lows. Most of the Wednesday rally immediately preceded a16z's announcement at 10:49 am ET. OP had already rallied Tuesday on trader speculation of an a16z deal before giving back its gains – and then some –.

The token was trading at $2.66 midday Wednesday, a 5% bump up from its 24 hour lows. Most of the Wednesday rally immediately preceded a16z's announcement at 10:49 am ET. OP had already rallied Tuesday on trader speculation of an a16z deal before giving back its gains – and then some –
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