After the World Well being Group (WHO) warned of a brand new COVID-19 variant named Omicron, the cryptocurrency market, Bitcoin (CRYPTO: BTC), and the standard market went right into a tailspin. Many crypto merchants have had their positions liquidated as nicely.
Amidst all this, a brand new cryptocurrency available in the market, coincidently named Omicron (CRYPTO: OMIC), spiked by 137% within the final 24 hours.
The token trades solely on Arbitrum One through SushiSwap.
The Omicron token is now value $404, up 735% in comparison with its all-time low on November 17.
Till now, $671,081 has been deposited inside its protocols, which ends up in breathless projected annual yields of 70,377% for stakers.
In response to the buying and selling platform CoinGecko, 69% of customers be ok with the coin.
Associated Hyperlink: South African Expert Say Omicron Symptoms ‘Mild’ So Far; World Health Organization Urges Caution
Be part of ZINGERNATION and earn ZING, an ERC-20 good contract token we launched aimed to reward members as we construct a neighborhood to seek out and share nice buying and selling and investing alternatives. Obtain the cellular app now, accessible on iOS and Android.
Click here, or sign up for our newsletter to discover extra of Benzinga’s Cryptocurrency market protection, in-depth coin evaluation, knowledge, and reporting.
