What is Grimace coin — Is grimace coin Real?
Welcome to my crypto social media handle, in this content. You will find out the details of the grimace coin if it is real or a scam coin.
I will be providing all the information you need to know about the grimace coin.
What are Grimace coins?
Grimace coin or token is a fake token created and minted on the bnb chain and the Ethereum chain
After the interaction of Elon musk and Mc Donald’s about accepting grimace coin as payment for Tesla.
An unknown group of crypto enthusiasm created 10 grimace tokens and minted 9 on binance smart chains then created an official Twitter account for grimace token
Because anyone can call a smart contract, they use it as an advantage of creating tokens with cents
The first grimace token started trading at $0.0007 and went as high as $2 with a market cap of nearly 2millions dollars and liquidity of $65,000
Though there’s was a wallet holding 93% of the token
Another grimace which was created and minted on the bnb chain has a total supply of 1trillion, reaching a market cap of $1million and $104,000 was locked up in liquidity
A single wallet was holding 73% of the token
The third grimace token was created and minted on the Ethereum networks, it wasn’t only limited to the BSc network.
The third grimace token did 56,000% after it was created with 1,000 holders and a $6Million market cap
Not all grimace tokens created and minted on the bnb chain see success as the rest, some fail
Even one did $830 in liquidity with 5 holders and a market cap of $1,400
Also read about: Ghozali NFT every day — Indonesian boy who made $1million from an NFT
Though in cryptocurrency, some investors love shitcoins, memecoins, foodcoins, catcoin, Dog coins than real projects with great utility and use case
Most of These investors love it because of quick/huge return of investment like using $10 to get $1000 or $10000 as the case maybe.
How much is the Grimace coin worth?
At of all the grimace coin that was created, one of them which is a grimace.top got listed on coinmarketcap and it trading below $0.05 with an unknown market cap and a 24hrs trading volume of $1.700+ at the time of writing this
The grimace coin is currently trading at pancakes, which can be connected through a dapp browser for mobile or trusted wallets either
How to buy a grimace coin?
This coin is a made-up coin that is fake, has no roadmap, no whitepaper and it only listed on dex with little to no liquidity
It is listed on pancakeswap with Grimace-WBNB pair, the liquidity for the coin is 166,892 Grimace, the locked liquidity was 50,000,000,000,000 but they keep on unlocking and removing from the liquidity
And they left 166,892 of the coin locked for 24 Days
Conclusion: if you try to buy the coin now, you might end up being rug pull because it is a fake coin with a fake team
I won’t advise anyone to buy the coin because it is a red flag, a scam coin as coinmarketcap even warn against it.
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