Omicron’s FOMO has caught the grip of crypto opportunists who have been packing up on this token. It was launched after the WHO named the latest COVID-19 variant.
A comparatively unclear cryptocurrency called Omicron (OMIC) has flooded to an all-time high today. This token is named after the fast-spreading COVID-19 variant. Additionally, the Omricorn token hit an all-time high of $689 a couple of hours ago. Moreover, this move had added another 200% gains on the day for the token and a whopping 945% since Saturday when it was trading around $65 (at the time of writing).
This token shares the identity with a new Covid-19 variant. This variant was first found in South Africa on Nov. 23. The WHO called the fast-spreading B.1.1.529 strain after the 15th letter of the Greek alphabet.
Also, the famous crypto critic “Mr. Whale” said that the hefty price spike was a sign that things were in a huge bubble.
Omicron is a localized reserve currency decorum that functions on the Ethereum layer two network Arbitrum. This indigenous OMIC token is supported by other crypto assets. This also includes the liquidity provider tokens and USDC stablecoin.
This token can only be traded on the SushiSwap localized exchange, which has seen $454,000 in volume for the OMIC/USDC pair over the past 24 hours (at the time of writing). Further, token analytics has no details on the supply of OMIC.
Though Things are brighter as the new week starts with the crypto markets back in the green at the time of writing.
