Corona Beer Sales Went Down Due to the Coronavirus.. Now What About Omicron Crypto?

We’re surrounded by information, content and news. Everywhere, all the time. The human mind can only meaningfully absorb a handful of new facts about the world. mymoneykarma’s insights team selects just the bits of news from the finance world that you should know about, things that you can actually do something about right now. Subscribe to our channel so you don’t miss out on our daily updates. If you’re interested in learning more about practicing Intelligent Finance in your daily life, why not get started with this video here    • REVEALED: 3 Insider Secrets The Banks Won’...   What is mymoneykarma? This channel is dedicated to simplifying the concepts and best practices of Personal Finance through explainers, FAQs, tips, and educational material. We empower viewers to each become a paragon of Intelligent Finance. Founded by a group of Stanford alumni with a strong background in banking and technology, MyMoneyKarma has been revolutionizing the Indian Fintech sector and ushering in the future of personal finance. Committed to a social mission of creating a measurable impact on people’s lives, MyMoneyKarma has empowered millions of people to reclaim control over their finances by addressing the 3 biggest issues and barriers in the sector: Low financial literacy means most people applying for loans, mortgages or credit cards have never checked, nor heard of, their credit scores. By this time, the damage has often been done Low information transparency means it can be difficult to know the best interest rates for each customer’s unique profile, the financial providers that offer the best terms, and how to maximize one’s chances of being approved (where a rejection further worsens the credit score) High effort and hassle means one is too hard-pressed to shop around, try multiple options and find the best fit, instead ending up with sub-optimal decisions and a whole lot of wasted time and sweat MyMoneyKarma’s fully online loan optimization technology helps customers with an extensive range of financial products, delivering the lowest interest rates and comprehensive service at the touch of a button. Apply for a Home Loan @ https://www.mymoneykarma.com/home-loa... Get your Credit Score worth Rs. 4300 for Free @ https://www.mymoneykarma.com/credit-s... ______________________________________________________ Get to know and Follow us: Facebook   / mymoneykarma   Linkedin   / mymoneykarma   Instagram   / mymoneykarma   Twitter   / mymoneykarma   Transcript: Back when the Coronavirus pandemic broke out, there was a bit of amusement surrounding the fact that it had claimed an unlikely victim - Corona Beer. The purchase intent of Corona beer, one of the world's most popular beers, went down drastically because of evident similarity in name to the virus. Given that there is no connection between Coronavirus and Corona beer, it was surprising how a simple misunderstanding caused such a shift in the market. There was also an increase in online searches for "corona beer virus" and "beer coronavirus". So what happened when the Omicron variant of the virus was discovered? Well, the opposite! A crypto token named Omicron Crypto spiked over 900%, jumping from $65 to a peak of $711 in just 2 days after the new omicron Covid variant emerged. Omicron was a relatively unknown cryptocurrency till the new fast-spreading COVID-19 variation was given the same name on November 24th. Just goes to show how unpredictable consumer sentiment can be!