Ah, you couldn't make it up. 😂
Reminds me of the time, not so long ago, when sales of Corona lager soared.
Even though other cryptocurrencies are seeing a major decline in their value, a relatively lesser-known cryptocurrency token, Omicron, shot up by over 900 per cent, thanks to the World Health Organisation (WHO) naming the South African Covid-19 variant with 'Omicron'.
The crypto token, which was trading at $64.94 on November 27, rose to its highest-ever level of $692.45 on November 29, thereby seeing over 900 per cent rise in its price, the data by Coinmarketcap shows.
What do you reckon to it? Will the Omicron token have a future, or is it nothing more than an overnight gimmick?