New cryptocurrency rises by 200,000% after McDonald's joke

After a joke from the official McDonald’s Twitter account, the new cryptocurrency Grimace Coin soared in price. Its value at the moment increased by 260,000%.

Brief chronology of events:

• January 23 - cryptocurrencies collapsed again
• Jan 24 - McDonald's teases investors amid market crash
• January 25 - Elon Musk offers McDonald's to start accepting Dogecoin
• January 26 McDonald's offers Tesla to start accepting Grimace Coin

Grimace is a purple character from a McDonald's ad from 50 years ago. At the time of the publication of the tweet, the cryptocurrency did not exist, however, after the appearance of the entry, the Grimace Coin token was created on the Binance Smart Chain network.

At the moment, the cost of the cryptocurrency reached $2.08, having risen in price by 260,000%. True, the price fell by several orders of magnitude very quickly.

A source: @McDonalds