Only 10% of the total supply is unlocked and in circulation. The project is trying to push price up to sell them in high price before token unlocks happen in late May. There is a big unlock in May. The more token is released, the lower the price will go. Of course, the project owners will try to keep it high so they can make more profit. Optimism is Genesis related project. If you check the other projects in Optimism ecosystem, You will see that Genesis have the custody of tokens for many projects. They are programmed to be a scam project. But of course, be careful with your shorts, because the supply is so limited and its controlled by the manipulators. They can easily manipulate the price. If I see the price of OP 5$ in a night, I wouldn't be surprised. But the destiny is certain. OP price will eventually end up under 0.4$ this year..