Between November 27 and November 29, the value of a new Cryptocurrency known as Omicron (OMIC) soared, as the market reacted to concerns about the new Covid-19 variant, also known as Omicron. The Cryptocurrency listed on Coingecko around November 8 soared by 898 percent, from $65 to $655, within this time period. However, as of press time, the token has dropped 18% in the previous 24 hours, trading at $320.