On the 5th day of November, a crypto coin called Omicron was launched.
It was an obscure crypto coin and not many crypto traders paid attention to it.
Last week Thursday, 4 weeks after the coin was launched, South Africa’s scientists alerted the world of the new Covid variant.
The world went haywire, flights from South Africa and other less unfortunate African countries were banned.
The market that includes Crypto and Equity market reacted to the news by dipping as investors lost money.
WHO team in their wisdom named the new Variant Omicron.
The cryptocurrency, Omicron, has soared over 500% in the past week due to its identical name to the new coronavirus variant.
Driven by investor interest or meme mania, the price of the coin has moved from approximately $61 to nearly $400 in the space of a few days.
And the price of the Omicron coin has not stopped, it is still rallying, making investors who took position early rich as I type this.
This coincidence of launching a crypto coin and then the arrival of new COVID variant 4 weeks later is too strange to be a coincidence.
I don’t understand what is going on again to be honest.
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