11/29/2021- 11:32 p.m.
Omicron crypto craze sees obscure coin drop over 75% in value
An obscure crypto token called Omicron (OMIC) shot up by more than 900% after the identification of the new mega-mutant strain of COVID-19 given the same name.
The token was released on November 2 on SushiSwap, and was still trading at around $65 on Saturday 27 Nov, before shooting up to an all-time high of $689.12 after the WHO’s announcement of the Omicron Covid variant.
Today the token nosedived to $162 within 20 minutes according to CoinGecko, before rebounding to just over $374.
