This might be great news or bad news – – depending on how you take it.
A small-cap cryptocurrency rose 716% over the weekend… … following the WHO’s naming of the most hazardous stress of COVD-19 after it.
Omicron Shows Why Names Matter
Omicron (OMIC), a cryptocurrency that defines itself as a decentralized reserve currency procedure offered on the Arbitrum Network, began offering happiness to its hodlers around twelve noon on November 27, when it broke through resistance near $70 and increased to $187 in less than half an hour.
From there, prices went wild, and the token reached a day-to-day high of about $242.
The greedy folks who didn’t squander after this fantastic surge of interest saw their bravery rewarded the next day when each OMIC reached trade on the order of $430 at its peak.