Is It Too Late To Buy GRIMACE? Grimace Price Soars 662% After McDonald’s Instagram Hack And This Might Be The Next Crypto To Explode
The Grimace price surged 662% in the last 24 hours to trade at $0.0003825 as of 03:19 a.m. EST on trading volume that skyrocketed to $25.7 million. This comes after McDonald’s Corp.’s official Instagram account was hacked yesterday to promote a cryptocurrency scam named after the firm’s purple mascot, Grimace. The hacker changed the biography on McDonald’s Instagram page and also made posts related to the crypto scam. After targeting the McDonald’s account, the scammers managed to drive up the market capitalization of Grimace to $20 million before it fell below $1 million once the scam was exposed. After the attack, the hacker edited the bio section of McDonald’s Instagram page to brag about the exploit, saying the attack netted a profit of $700,000. Grimace Price On A Downtrend – Can The Token Rebound? According to data from GeckoTerminal , the price of Grimace has been on a downtrend after the exposure, dropping within the f...