{"id":53698,"date":"2021-11-29T10:44:32","date_gmt":"2021-11-29T08:44:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53698"},"modified":"2025-09-03T16:30:32","modified_gmt":"2025-09-03T13:30:32","slug":"omicron-token-surges-tenfold-after-the-emergence-of-a-new-covid-19-variant","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/omicron-token-surges-tenfold-after-the-emergence-of-a-new-covid-19-variant\/","title":{"rendered":"Omicron token surges tenfold after the emergence of a new COVID-19 variant"},"content":{"rendered":"<p>The Omicron (OMIC) token price rose by more than 900% after the detection of the new COVID-19 variant. On November 26, the World Health Organization (WHO) <a href=\\\"https:\/\/www.who.int\/en\/activities\/tracking-SARS-CoV-2-variants\/\\\">assigned<\/a> it the name \u201cOmicron\u201d.<\/p>\n<p>\\n\\n<\/p>\n<p>The DeFi token Omicron DAO is issued on the Arbitrum One layer-2 protocol and trades on SushiSwap. According to Twitter, the asset launch took place on November 2.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/search?q=%24OMIC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$OMIC<\/a> might be live on <a href=\\\"https:\/\/twitter.com\/arbitrum?ref_src=twsrc%5Etfw\\\">@Arbitrum<\/a> now.<\/p>\n<p>Probably nothing.<\/p>\n<p>\u2014 Omicron DAO (@OmicDAO) <a href=\\\"https:\/\/twitter.com\/OmicDAO\/status\/1455608266210398221?ref_src=twsrc%5Etfw\\\">November 2, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n<\/div>\n<\/figure>\n<p>\\n\\n<\/p>\n<p><a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/omicron\\\">CoinGecko<\/a> tracks its price since November 8, during which its minimum value was $48.36. The project\u2019s Discord chat has a little over 800 participants, and Twitter followers barely exceed 900.<\/p>\n<p>\\n\\n<\/p>\n<p>On November 27 Omicron (OMIC) traded at around $65, and just two days later the price hit an all-time high at $689.12.<\/p>\n<p>\\n\\n<\/p>\n<p>As of writing, the rate had corrected to $580 (CoinGecko). The 24-hour trading volume amounted to $676,866.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh6.googleusercontent.com\/nfDD40SP4tCAogaUqSs7B7CIFShAtuinfoIuaIHN0HcxQMx7_cISqlTWfhQ29rzO5_bjXFADpjvtSfTII7e9KjYeEYUizf1jTdaAutx3LiXmHoTmRDeUb2nw-fGf39MPeEUSW8t4\\\" alt=\\\"Omicron token surges tenfold after emergence of a new COVID-19 variant\\\"\/><figcaption>\u00a0Data: CoinGecko.<\/figcaption><\/figure>\n<p>\\n\\n<\/p>\n<p>The surge in the coin price did not go unnoticed by the media. Forbes ran a piece, and the popular industry Twitter channel Mr. Whale wrote that such growth is a vivid sign of a bubble in the crypto markets.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\\nhttps:\/\/twitter.com\/CryptoWhale\/status\/1464987772490600449\\n<\/div>\n<\/figure>\n<p>\\n\\n<\/p>\n<p>As reported, on November 26, the price of Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-price-falls-below-55000\">fell below $55,000<\/a> in light of the WHO\u2019s announcement about the new COVID-19 variant. By November 29, the digital gold prices <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-climbs-back-above-57000\">recovered<\/a> to above $57,000.<\/p>\n<p>\\n\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Omicron (OMIC) token price rose by more than 900% after the detection of the new COVID-19 variant. The World Health Organization (WHO) gave it the name &#8216;Omicron&#8217;.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1863,1093],"class_list":["post-53698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coronavirus","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53698"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53698\/revisions"}],"predecessor-version":[{"id":53699,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53698\/revisions\/53699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}