Today news
About the same in other media
20.12 - 15:57
20.12 - 15:55
Omicron token soars 11x over weekend, loses 75% value overnight
Reading now: 872
economictimes.indiatimes.comOmicron, is not over but the euphoria over the token named after it came and went in a jiffy. Omicron Coin (OMIC), a lesser known cryptocurrency, was on a roller-coaster ride for three days. The digital token has shot as much as 1,100 per cent before giving up three-fourth of its value. The token zoomed as much as 1,100 per cent to $711.09 on November 27 from $64.84 on November 29, before trading at $210.28 on the last day of the month at 6.45 am IST. Just 24 hours ago, it was trading at $466.22. In that period, OMIC worth about $781,000 have exchanged hands, data from Crypto.com suggested. In just one day, the token has eroded more than half its value, the data said.
Presented ByDid you Know?
Cryptocurrency could buy you a 101-carat
Read more on economictimes.indiatimes.comAbout this in other media
Davos cancelled due to spread of Omicron fnlondon.com /2 years ago
COVID: Omicron 'tidal wave' prompts UK to urge out-of-work teachers to return to classrooms euronews.com /2 years ago
Fauci Warns Omicron Variant Will Likely Strain U.S. Hospitals wsj.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
