Grimacecoin Jumped to 285,000% Price Just a Few Hours

Just when Elon Musk’s funny tweet created a stimulating effect on the meme coin projections, it gave a severe price jump to a specific meme coin.

I will eat a happy meal on tv if @McDonalds accepts Dogecoin

— Elon Musk (@elonmusk) January 25, 2022

After Elon’s tweet, about eating Mcdonald’s Happy Meal on TV, Mcdonald’s replied with a condition,

only if @tesla accepts grimacecoin https://t.co/CQrmAFelHR pic.twitter.com/to9HmYJhej

— McDonald's (@McDonalds) January 25, 2022

About that…grimacecoin didn’t exist before the exchanged tweets.

After the exchange tweet, multiple meme coins named to Mcdonald’s tweet went to the crypto listings, and people considered it to acquire and hold one.

Just after a few hours, several real grimacecoins went to the surface. Among other grimacecoins the traders hold, one went wild and became like an asteroid flying somewhere around the universe.

This response to Musk’s tweet created a new cryptocurrency coin that went up to more than 285,000% in the hours after the tweet.

Though, Mcdonald’s even said it doesn’t have any relations among the grimacecoins that any exist.

Sources

• New cryptocurrency Grimacecoin surged 285,000% after a McDonald’s joke (businessinsider.co.za)
• After Twitter interaction between Elon Musk, McDonald’s, rise of new crypto ‘Grimace Coin’ | Trending News,The Indian Express
• Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke (coindesk.com)