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Omicron token soars 11x over weekend, loses 75% value overnight

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economictimes.indiatimes.com

Omicron, is not over but the euphoria over the token named after it came and went in a jiffy. Omicron Coin (OMIC), a lesser known cryptocurrency, was on a roller-coaster ride for three days.

The digital token has shot as much as 1,100 per cent before giving up three-fourth of its value. The token zoomed as much as 1,100 per cent to $711.09 on November 27 from $64.84 on November 29, before trading at $210.28 on the last day of the month at 6.45 am IST.

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