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The Optimism coin appeared in cryptocurrency ratings in May 2022. Its price then started at $1.20. It is a pity that OP missed both the 1st and 2nd bull seasons. Now it will be quite difficult to predict its behavior. But we will try.
So, a month after the start of trading, the OP coin sharply fell to 0.40 per dollar. This was its absolute minimum. Subsequently, OP never cost so cheaply. Perhaps, this is a good indicator of "prospects".
The next growth of the OP coin was observed in February 2023. Then it was able to overcome the $3 mark. However, in June of the same year, the OP coin fell again to $1.
Investors froze in anticipation of the next bull rally.
Optimism began to rise in price along with Bitcoin in December 2023. OP managed to reach the level of $4. Afterwards, there was a correction to $3 and a further jump up to $4.84 per coin. This happened during the first wave of the bullish crypto rally in May 2024. At the moment, this record is absolute.
But the second wave of the bullish crypto season of 2024 awaits us. Now the coin has fallen and is trading around $1.85. At this price, it can be safely purchased, because in November - December 2024 it can rise in price by 2 times.
According to our forecasts, when Bitcoin grows from today's 66 thousand to 100 thousand dollars, the OP coin should be traded in the range between 4-5 dollars. That is, a growth of 34% and a growth of 100%, respectively. The Optimism coin must be present in your crypto portfolio for the 2024 - 2025 season.