Omicron Token Price Increases 10-fold After Emergence of New Strain of COVID-19

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The price of Omicron (OMIC) has risen more than 900% after the identification of a new strain of COVID-19 that the World Health Organization (WHO) has named omicron.

The DeFi coin of the Omicron DAO project is issued on the Arbitrum One level 2 protocol and is traded on exchange SushiSwap. According to Twitter, the asset was launched on November 2.

CoinGecko has been tracking the price of the cryptocurrency since November 8, during which time its minimum value was $48.36. There are just over 800 members in the project’s chat on Discord, and the number of Twitter subscribers barely exceeds 900 users.

On November 27, Omicron (OMIC) traded at around $65, and two days later its price reached an all-time high of $689.12.

At the moment, the token is trading at $632, according to CoinGecko. The volume of trades in the last 24 hours amounted to $676,866.

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