Omicron token gained 900% after WHO name-new variant

[Ucy]

I think it simply use the word or people summoning it as energy to power itself. That's quite similar to how people use trending keywords to make money on the internet. Quite easy to be very wealthy on the internet, especially if you can predict next keyword or get people to use a keyword(with potential to trend) that's connected to your business, but I'm not sure how moral that's.
If the token name really existed before it was given to a virus, then I think it's just lucky and may not have done wrong in that regard

[meanwords]

An obscure token Omicron made a massive gain on Monday after the World Health Organization named the new covid 19 variant, the token did a 900% gain but apart from the name being the same the cryptocurrency does not have any connection with the virus.
https://cointelegraph.com/news/obscure-omicron-token-spikes-900-after-new-variant-emerges

I can't believe people are still investing in this even though this project doesn't really have anything significant to offer. I can't believe people aren't doing their research especially that the crypto world is one of the riskiest investment in the internet. Omicron isn't even related to the new covid variant yet people are investing like crazy.

[Bilgent]

I'm sad for not buying when its price was around $60. I would have the five times the money I invested now.    I didn't even know that such token existing in the cryptocurrency market. But it is my mistake to think that there wouldn't be this kind of "projects". We see nearly the projects of everything nowadays in the market. It is better to catch these opportunities before their price skyrockets.

[BitcoinAccepted]

Another rug pull scheme. Remember the squid token before that was rug pulled by devs? they created that coin since it's a hype and now look at this Omicron token. There are many people that get scammed by this kind of coins it just shows that many people are still stupid not to do their own research about the coins they bought, no one wants to invest or hold a coin that doesn't have real value or use in the industry right?

[zasad@]

https://www.coingecko.com/en/coins/omicron
Total Supply:  2,430
The token is traded on Sushiswap (Arbitrum One).
24h Volume: $ 50,000

If the developers have their own pool and the number of tokens is limited, then the price of the token can be very easily manipulated.
Do not fall for the tricks of manipulators, at least study the statistics of the coin.

[Questat]

https://www.coingecko.com/en/coins/omicron
Total Supply:  2,430
The token is traded on Sushiswap (Arbitrum One).
24h Volume: $ 50,000

If the developers have their own pool and the number of tokens is limited, then the price of the token can be very easily manipulated.
Do not fall for the tricks of manipulators, at least study the statistics of the coin.

Ain't buying now and don't want to fall with this obvious trick. The project never looks that has the potential either.
Well, I don't wonder sooner that these investors will claim for such a big scam in front. Having this total supply, it was very easy to manipulate the price and let these new investors get into the trap.
Anyway, the project is just a joke and I think nobody got the interest buying this.

[Ceyflix-Rez]

The new Covid is named Omicron and a token named Omicron surge becy if this? LMAO honestly until the end of time there will always be new people falling victims to crappy projects as far as crypto still exists, this was why meme coins trended so well since doge coin became a success, I pity new crypto investors, they just ram into anything they think it's cool lol

[nekorakoeora]

Remember what happened to squid tokens? I think it's the same thing. Deliberately pumped by a party for personal gain because the term omicron is emerging that began to go global as a plague. Be careful and don't get into the same hole again. This outbreak really has nothing to do with the omicron crypto coin.

[LogitechMouse]

Any coin that is related to what is trending right now will pump like what happened to this Omicron token that they are saying.
When COVID started, there is a coin called CoronaCoin. When Squid Game has been the trending, there is a new coin called Squid Game Token that obviously ended up as a rug pull and we all saw it on camera .

Now another token that is obviously a rug pull or a pump or dump coin has emerged. If I were you, I will just let this token go up and and not enter into it because you will regret entering at the wrong time. It went up 900% already. In the future when another variant and name will emerge then a coin that is related to that variant will pump again.

[super bako]

Any coin that is related to what is trending right now will pump like what happened to this Omicron token that they are saying.
When COVID started, there is a coin called CoronaCoin. When Squid Game has been the trending, there is a new coin called Squid Game Token that obviously ended up as a rug pull and we all saw it on camera .

Now another token that is obviously a rug pull or a pump or dump coin has emerged. If I were you, I will just let this token go up and and not enter into it because you will regret entering at the wrong time. It went up 900% already. In the future when another variant and name will emerge then a coin that is related to that variant will pump again.

I agree with you, that it's been a long time since what trends are happening in the real world, there will be a scammer creating a crypto project according to the current trend. I think we should stay away from all this nonsense. Well, it really all depends on each other's corrections to avoid being trapped by scammers..?

[Insomnia family]

yes, it is possible that a new project like the Omicorn token has gained a lot of support thereby making the price increase drastically. what's more, the project has a pretty good concept, such as a P2E-based project, gameplay provides many benefits just like playing games and you can earn money from it. isn't this fun? Yes, of course.

[Dragonfund]

There is nothing good that absolutely comes from this kind of headlines, the pump was intentional because by mere looking at the current volume, you will realize that the volume is so low. If it's a solid projects, this kind of pump is enough to last long for long time even traders has taken their profits.
I have come to conclusions with pump projects, avoid them and stay on grid with real projects.

[Woodie]

Okay its either of the two or one of any...its either we have stopped doing our due diligence in these new altcoins or It seems people are becoming creative with the naming of these coins But what I don't understand is why invest in a coin that is not linked to the corona variant in the first place? Tbh i wouldnt try to invest as this is no way linked to some kind fundraising of funds to help in the research of the virus or anything in those lines and afaik such research requires government support not individuals !