'Omicron' cryptocurrency shoots up by 900% after WHO gives new COVID variant same name
moneycontrol.com'Omicron', a relatively lesser-known cryptocurrency, shot up by over 900 percent since the World Health Organisation (WHO) gave a new COVID-19 variant the same name.
The crypto token was priced at around $65 (approximately Rs 4,883) on November 27, and has constantly surged since then. On November 29, it touched a peak of $689 (approx. Rs 51,765) -- marking a 945 percent increase in its value over the past three days.
At the time of writing this report, the price of Omicron marginally dropped to $612.67 (approx. Rs 45,972), according to CoinMarketCap.
A crypto token named after the new COVID-19 variant ‘Omicron’ is up over 650% within the 3 days, and is now worth over $400 million.
If this isn’t a sign we’re in a giant bubble, I don’t know what
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