The official McDonald’s Instagram account shows that just minutes ago they posted a new post and launched an experimental altcoin called GRIMACE.
The contract address of this altcoin, which is Memecoin, is also included in the post.
In addition, the mascot of this altcoin was also featured in the post.
The data suggests that GRIMACE was produced and launched by Solana’s memecoin producer pumpfun.
It is not known for sure if this post was shared by hackers after McDonald’s official Instagram account was hacked or if the fast food giant actually launched a Solana-based memecoin.
Update:
McDonald’s official account has started to share numerous posts shilling the so-called GRIMACE altcoin. This means that the account was probably hacked and the token is a rugpull scam.
