Omicron Cryptocurrency
- December 1, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Omicron Cryptocurrency
Subject – Science and Tech
Context – Omicron cryptocurrency price shoots up 10 times in two days
Concept –
- A relatively lesser known cryptocurrency token named after the Greek letter Omicron saw its price surge more than 10 times in a matter of two days outperforming top digital currencies like Bitcoin and Ethereum, soon after the World Health Organization (WHO) named the latest Covid-19 variant of concern Omicron.
- The WHO is following the Greek alphabet to name significant Covid-19 variants, and the next Greek letter Pi also has a cryptocurrency named after it.