By Ronan 
Elon Musk, the billionaire entrepreneur, is well-known for his opinions on the cryptocurrency market. He has been a staunch advocate of Dogecoin, as seen by his many tweets on the cryptocurrency and his decision to enable Tesla to take Dogecoin as a means of payment for purchasing items using the cryptocurrency in 2017. Mcdonald’sresponse to the Grimace Coin was a bit controversial.
Only in the realm of cryptocurrency would a Twitter exchange between McDonald’s and Elon Musk result in creating a new token that will experience an exponential increase in value overnight.
Is Grimacecoin, however, a legitimate possibility to generate money?
It appeared with the name and picture of Grimace, the purple blob mascot created by McDonald’s for marketing and promotional purposes and other information.It is important to grasp intricate trading GrimaceCoin Chart or graph when holding a coin for a lengthy period. When it comes to short-term trading, it is necessary to monitor the values of cryptocurrencies regularly.
According to McDonald’s, in response to Elon Musk’s tweet saying, “If Tesla takes Dogecoin, I will eat a Happy Meal on TV,” the company responded with a tweet saying, “Only if Tesla accepts Grimacecoin.” Since then, approximately 10 Grimacecoins have been produced on the Binance Smart Chain (BSC) network alone, according to the project’s website.At their highest values, several of these tokens had a market capitalization of between US$1 million and US$2 million, depending on the token.
Grimace coin is on a quest to exceed all of the major coins in popularity
Even though the majority of prominent cryptocurrencies are losing value, grimacecoinis gaining a very amazing market capitalization.. 1 thousand one-of-a-kind remakes of nfts with rarities and other special features 10% bnb incentives for holders, which would imply that you’d get passive income merely by owning the nft (not including dividends). Twenty percent of all earnings will be given to the Ronald McDonald House Charities Foundation. You may buy tokens, and the process is straightforward: you enter your wallet information, choose the number of tokens you want, and pay in bnb. The project has its own Twitter account, which you can follow to be the first to hear about new developments. The project also has its roadmap, which is crucial to consider. A roadmap is generally indicative of a team’s high level of professionalism. Grimace coinhas become the most widely used people’s coin in the world
Following McDonald’s tweet and Grimace Coin in the News, roughly ten Grimacecoins were produced on the BSC network due to the event. However, they weren’t restricted to only BSC, as an Ethereum-based currency called Grimacecoin had a 56,000 percent increase in value in the hours after its creation, hitting 1,000 holders and a market capitalization of $6 million (£4.4 million).