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20.12 - 15:57
Omicron token soars 11x over weekend, loses 75% value overnight
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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.
Read more on economictimes.indiatimes.comAbout this in other media
UK’s fading business confidence amid Omicron spread needs urgent action theguardian.com /2 years ago
A small token with nostalgic feel bloats in value economictimes.indiatimes.com /2 years ago
Restaurants face food waste mountain as cancellations soar over Omicron fears theguardian.com /2 years ago
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