In normal times,Privacy policy a product sharing a name with a virus variant would be bad for business. But these are not normal times, and crypto is decidedly not a normal business.
A little-known token soared in value after the World Health Organization designated Omicron a "variant of concern” on Friday. Dubbed, yes, Omicron, the token shot from around $65 in value to $675 by Sunday, according to Crypto.com.
And while the price has since fallen to $308 as of the time of this writing, the timing of the surge suggests it's based on little more than the token's shared name with the latest variant. That's right, people are buying a more or less random token — itself a fork of another project — for the meme potential.
Those behind the Omicron project are clearly aware of the token's oddly fortuitous spike, tweeting a side-eye emoji in response to the news.
Notably, despite viral claims to the contrary, the Omicron token had its name before the WHO named the latest variant.
This Tweet is currently unavailable. It might be loading or has been removed.
Omicron would not be the first token to see its value increase in response to apparent meme-based speculation — the Shiba Inu cryptocurrency is perhaps the most recent example of that phenomenon — and it will surely not be the last.
After all, memes, like exuberance, are often irrational.
Topics Cryptocurrency
Operation Rock Wallaby rains food down on wildlife hurt by bushfires
NASA's Mars Curiosity rover spots rocks resembling fingers
Boman Martinez
Why manatees are suddenly dying in Florida
What's Thermal Throttling and How to Prevent It
National Streaming Day deals: Save up to $55 on Peacock, MGM+, Apple TV, and more
Can ChatGPT pass the Turing Test? What the research says.
Artificial
Exceptionally rare radio sources detected in the distant universe
Android 16: 4 game
How This Long
Interview with Malwarebytes' founder, Marcin Kleczynski
NYT Connections hints and answers for May 5: Tips to solve 'Connections' #694.
'Gears of War' remaster: 5 more games that deserve remasters
Analyzing Graphics Card Pricing: May 2018
NYT mini crossword answers for May 19, 2025
11 amazing photos that will erase your insect fears
NYT mini crossword answers for May 8, 2025
Sony launches new flagship XM6 headphones: Order them now
Number Representations in Computer Hardware
The Morning News Roundup for September 25, 2014The Morning News Roundup for October 1, 2014The Morning News Roundup for October 1, 2014W. S. Merwin on Sir Thomas Wyatt by Dan PiepenbringThe Morning News Roundup for October 2, 2014Hints for Hosts by Sadie Stein21 best crime documentaries on Netflix in 2023Thomas Pynchon Was Right—The Light Bulb Conspiracy Is RealThe Morning News Roundup for October 6, 2014The Morning News Roundup for October 13, 2014Best iPad deal: Get an iPad for $50 offThe Reference Books of Our YouthAll Aboard L’Armand'Quordle' today: See each 'Quordle' answer and hints for August 30, 2023Secret Nerdery: Warhammer 40,000How to monitor your breathing rate with Apple WatchInside the viral collab house featuring OnlyFans and TikTok creatorsThomas Pynchon Was Right—The Light Bulb Conspiracy Is RealWordle today: Here's the answer and hints for August 30Amusing Myself: An Interview with Bob Neuwirth by Gary Lippman Twitter's press email now auto Watch Judi Dench's delightful message for managing these stressful times What's the true story of the Boston Strangler? March Madness: How to watch the Sweet 16 NCAA Men's Basketball livestreams This piano tune drowning out a car alarm is the perfect quarantine soundtrack Glastonbury cancelled due to coronavirus pandemic What is sargassum? The giant blob of seaweed hitting Florida If you're going to fake paying attention with Zoom backgrounds, make it a looping video Bear cam highlights are the best coronavirus activity Stanley Hudson from 'The Office' is a Nap Icon we should cherish Meditation: What's better, relaxing music or silence? Even Willem Dafoe experiences fear of failure, and other lessons from 'Inside' 'Shadow and Bone' Season 2: Why is there a bee in the Shadow Fold? Please enjoy these dogs singing along to the ‘Law & Order’ theme song Dolphins in the Venice canals? Nope, that didn't happen. Pornhub Premium is now free for everyone to encourage you to stay home Looking back at 'The Last of Us': Did the show need more gore? 'The Last of Us' had a secret cameo by Jason Ritter, Melanie Lynskey reveals How to livestream Iowa State vs. Pittsburgh in NCAA tournament Wordle today: Here's the answer, hints for March 18
1.7482s , 8195.859375 kb
Copyright © 2025 Powered by 【Privacy policy】,Pursuit Information Network