Main page News, DeFi, Coronavirus
Hot topic
Nov. 29, 2021

The price of the decentralized finance token (DeFi) Omicron (OMIC) has seen a dramatic increase of more than 900% following the emergence of a new strain of COVID-19 the World Health Organization (WHO) has dubbed omicron.

The Omicron DAO token is issued the Arbitrum One Layer 2 protocol and can be traded on SushiSwap. As reported on Twitter, the asset was launched last November 2.

CoinGecko has been tracking the price of the token since November 8, during which time its minimum value was $48.36. There are just over 800 participants in the project's chat on Discord, while the number of followers on Twitter barely exceeds 900 people.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Last November 27, Omicron (OMIC) was trading at levels of around $65 and two days later the price hit an all-time high of $689.12.

At press time, OMIC's price has corrected to $639.79, according to CoinGecko. Trading volume over the last 24 hours is $649,640.

This article is not intended as a trading guide. ihodl is not responsible for the results of using the data provided in our news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.