The under-the-radar Omicron (OMIC) token has hit an all-time high thanks to its name matching a new fast-spreading strain of COVID-19.
Omicron's OMIC token soared to $689, up 945%. At the time of writing, the token is trading at 591.98 on Sushiswap.
According to CoinGecko, OMIC trading volume was just over $414,000 in the last 24 hours, with a total supply of just 2,430 coins. The project is so small that it does not yet have a rating on the site and a market capitalization.
The sudden increase in price was ensured by a new strain of Covid, which was discovered last week. It was originally named B.1.1.529. On Friday, WHO declared it an increased danger and renamed it Omicron.
Subscribe to ForkNews on Telegram to always stay up to date with the latest news from the world of cryptocurrencies
You May Also Like
Solana sets new high at $125
The Solana token continues to set new records. Over the past 24 hours, the price of SOL has increased by 23.9%.
Litecoin surpasses Ethereum in number of active addresses
Litecoin (LTC) surpasses Ethereum (ETH) in user activity for the third time in 2021.
