Influencers and massive organizations wield enormous power and influence in the wild west of MEME currencies. A single tweet or comment may rocket the next great thing into the public, transforming a MEME into a genuine, true coin.
About Grimace Coin
The coin was created on January 25, 2022, when Musk tweeted that he would “enjoy a happy meal on live TV if they started accepting Dogecoin.” This has happened previously. Musk’s tweets have previously caused the price of Bitcoin and Dogecoin to climb and fall. But what prompted the birth of GrimaceCoin?
In response to Musk’s amusing offer, McDonald’s responded that they would do so provided “Tesla began accepting Grimace Coin.” It’s worth emphasizing that the currency did not exist at the time; this was all part of McDonald’s hoax. However, we no longer live in such times. The market recognized an opportunity, and soon long, Grimace Coin was born, with Binance Smart Chain serving as the basis.
Grimace was a character created in the 1970s for McDonald’s commercial efforts. Since then, the large, purple figure has made infrequent appearances, including at an MLB game in 2012 and the 2020 Macy’s Thanksgiving Day Parade, when he will share a prime place with McDonald’s poster boy, Ronald.
Most recently, the fast-food corporation reintroduced Grimace to appear in promotional advertisements for the 2022 Super Bowl, one of the world’s most costly and treasured commercial real estate sites. The reintroduction of Grimace has aided in increasing the coin’s value and popularity among the crypto community.
New Developments
Despite the coin’s beginnings, the project’s NFT collection apparently sold out in a flash. Grimace Coin claims in a tweet that 1,000 NFTs were sold in 7 hours and 20 minutes at a price of 0.3 BNB apiece. This astounding performance demonstrates the strength of so-called meme coins,’ as well as its potential to give investors with exceptional ROIs.
Grimace Coin has declared in their Telegram group that they are set to begin full-time development of the metaverse. P2E (play to earn) mode will be implemented (you will be able to earn Grimace Coins via actions within the Sandbox game). Every NFT holder will receive a complimentary vehicle to the game. NFT holders can then sell the car to other people in the marketplace. NFT Holders will get private access to VIP areas in the game.
The project is currently being audited by blockchain security firm CertiK, which ensures that code is up to standard.
This is a crucial element for any project, let alone a MEME coin. CertiK offers an excellent solution, having already secured other popular projects, such as Binance and Huobi. The firm identifies vulnerabilities and provides valuable solutions to sure-up those potential system weaknesses.
