Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke

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Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
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.mcdonalds said it would accept dogecoin if Tesla accepts grimacecoin, sending prices of fake grimacecoins up by 285,000% on Wednesday. shauryamalwa reports

– with a supply of 1 trillion tokens – reached a $1 million marketcap in Asia morning hours as prices jumped to $0.00000193 from a tiny fraction of a penny just hours earlier. This grimacecoin locked up $104,000 in liquidity at the time of writing, with 75% of that held byGrimacecoins weren’t limited to the BSC network.

The crypto market is equal parts legitimacy and memes. Serious investors and developers build financial services based on smart contracts to allow global users to trade, lend assets, take out loans, and investors in a permissionless setting, in line with the ethos of relying on technology instead of third parties to access financial services.billions of dollarsGrimacecoin isn’t the only instance of crypto hopefuls creating a shitcoin market. In December 2021, Brad Sherman, a member of the U.S.

The most successful mongoosecoin from that cohort saw trading volumes of over $15 million in the week after its issuance, reaching a market capitalization of tens of millions of dollars in the process.

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