The images are from the same company.
The new coronaviruses variant with the same name made headlines, and a little-known altcoin called omicron surged to a record high.
The price of omicron peaked at $689.12 on Monday. The coin soared as much as 960% from the time the World Health Organization labeled the new variant Friday, when it was just around $65.
The digital asset was trading at $162.14 on Monday. It was roughly 75% lower from its all-time high.
The 15th letter of the Greek alphabet is the shared name of the altcoin.
The coin is backed by a number of assets, including stable coinUSD coin, according to an explainer. It is listed on anywayanydaynywayanydaynywayanydaynywayanydaynywayanyday.
omicron already existed before the emergence of the COVID-19 variant last week.
Since November 11, CoinGecko has been following it. The coin's circulating supply and market cap are not provided by the data aggregation.
The coin has a website, but little else is known about it.
Freddie Evans, a sales trader at Global Block told Insider Monday that Omicron is not a good buying option for long-term investors.
In the past weeks, alt coins have rallied as retail investors look to newer and lesser-known coins, such as shiba inu and dogecoin, which are becoming popular for their hefty gains compared to more established assets.
Business Insider has an original article.
