In response to Elon Musk's tweet, McDonald's has responded that
"They will accept DOGE as payment if Tesla Accepts a non-existent currency called "Grimacecoin".
Moreover, the response of Mcdonald is an absolute joke as there is no such currency in today's world. But, it has created an opportunity for the opportunists as they have quickly created a currency named "Grimacecoin".
GRimce Charachter
Moreover, The name Grimace is a character used by McDonald's a long time ago to advertise their products, so no such real currency exists
McDonald's Tesla Joke
After several hours, people made fake Grimace tokens on the cryptocurrency marketplace. Although there was no such currency in the cryptocurrency market,
McDonald's wanted to joke with The world and Elon Musk. But some people saw the opportunity and made the coin tokens
However, the currency made some progress as it started trading from $0.0007 and reached $2, according to Coindesk.Moreover, its Market value went on increasing and almost reached $2 million
It also surged toFifty-six thousand per cent and almost got 1,000 holders, and its Market value reached $6million.
Moreover, the people are afraid that the currency founders may run away from the market with their tokens like Squidgame Cash, which ran away with $2.5 million (roughly Rs. 19 crores) worth of Binance coin tokens.
So many people from the cryptocurrency community are warning people regarding the Grimace coin.