Cryptocurrency price tracking sites such as CoinMarketCap and CoinGecko display trading data on OMIC as far back as around November 8, when it was worth around $200 and a few tens of thousands of dollars' worth were being traded per day. Omicron crypto price However, as the new week begins, things are looking up, with crypto markets back in the black at the time of writing, after plummeting to their lowest levels since mid-October on Saturday. According to CoinGecko, total market value has increased by 5.6 percent in the last 24 hours to $2.71 trillion.
The total supply of this crypto token is capped at 1,000,000, meaning that the majority of its tokens are still to be mined and traded. This massive gain for the Omicron token was recorded despite the low that hit the overall crypto market towards the end of last week. Traders also attributed Omicron’s bullish momentum to its relationship with OlympusDAO. According to official documentation, it is a “decentralized reserve currency protocol available on the Arbitrum Network1 based on the OMIC token,” and OMIC is the governance token for the protocol.