There was a fake token called the "Squid Game" that ended up being a sham. The balloons were used to sell NFTs.
There is absolutely nothing sacred about the crypto world.
The new coronaviruses variant, dubbed Omicron, is the same as the deadly COVID-19 pandemic, and one new cryptocurrencies hit the market this month with the same name.
The token has caught on like wildfire as the variant spreads, rising ten times in value from Friday to Monday morning, according to CNN.
Hype token.
The token hit an all-time high of $689 on Monday, a massive jump from just $65 on Saturday, which is a sign that people are willing to cash in on a token named after a virus expected to ravage the world in the coming weeks.
It shouldn't be a surprise that the hype token that claims to be a treasury-backed currency protocol isn't the safest investment.
Do we need to discuss how ridiculous this is? Mark Gongloff is the editor of the Opinion section of the business newspaper. There is an asset trading on an obscure, risky exchange that is less than a month old and so we don't have market-cap data for it yet.
People are still buying it just for fun.
It's like buying a hot dog because you saw it. You saw Mars. You get some food out of the deal with those examples.
Buyers beware.
The relationship between the Omicroncryptocurrencies and the Omicron virus is unclear.
The new variant of Omicron is soaring.
There are unknown causes for the death of the cripto-trading hamster.
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