Omicron crypto

CryptoSlate does not endorse or rate any crypto projects. Please read our coin database disclaimer for more information. Read More | Hide This Omicron cryptocurrency price The report also highlighted the rise as an example of ‘peak irrationality’ since the cryptocurrency rallied owing to its name’s likeness to the Covid-19 variant. It also said that OMIC is far from being a ‘safe haven asset’. The OMIC coin is built on Ethereum scaling technology Arbitrum, CoinDesk said in its report.

The WHO is following the Greek alphabet to name significant Covid-19 variants, and the next Greek letter Pi also has a cryptocurrency named after it. The news of the Covid-19 variant affected world markets along with cryptocurrencies but the Omicron coin remained resilient, according to finance and cryptocurrency news website CoinDesk. The greedy folks who didn’t cash out after this amazing surge of interest saw their bravery rewarded the next day when each OMIC climbed to trade on the order of $430 at its peak.

The World Health Organization, which on Friday named the new COVID-19 variant Omicron, said as more countries reported cases there is a "very high" global risk of surges, although scientists have said it could take weeks to understand its severity. .css-13hqrwd$0.001234 USD Experts have advised investors to exercise caution and assess their holdings in the OMIC token because very little is known about the coin, and there is limited data accessible concerning the token’s validity. They are hoping to stop similar incidents like the Squid Game crypto.

Charting Cardano: An Extensive Analysis of Price Trends What's Omicron lowest price ever? Notably, the World Health Organisation (WHO) on November 26, 2021, designated the new South African Covid-19 variant B.1.1.529, named Omicron, a "variant of concern".