If Elon Musk gets his way, McDonald’s will become the latest company to jump onto the Dogecoin bandwagon.
Musk, a noted Dogecoin fan, called Tuesday for McDonald’s to accept the meme token as a legitimate form of payment for burgers and fries. The billionaire offered to provide McDonald’s with some publicity if they agreed to his proposal.
“I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” Musk tweeted.
Dogecoin’s price rose more than 7 percent to $0.14 following Musk’s tweet, according to Coinbase.
McDonald’s did not immediately return The Post’s request for comment, but did respond to Musk’s tweet, saying “only if Tesla accepts grimacecoin.”
Musk’s offer came McDonald’s repeatedly engaged with the crypto community on social media in recent days. Last week, McDonald’s responded to a Twitter user who claimed he would eat at the fast-food chain more often if they accepted Dogecoin.
“We appreciate hearing your interest and continuously evaluate the payments experience,” McDonald’s said in response.
McDonald’s also referenced cryptocurrencies on Monday as digital tokens such as bitcoin, Ethereum and Dogecoin experienced wild swings in price. Cryptocurrencies have been volatile in recent weeks as investors dial back riskier investments ahead of the Federal Reserve’s expected interest rate hikes.
El Salvador President Nayib Bukele shared a meme of himself in a McDonald’s uniform as bitcoin’s price plunged on Monday. Under Bukele’s leadership, El Salvador became the first country to adopt bitcoin as legal tender last year.
“How are you doing people who run crypto twitter accounts,” McDonald’s tweeted.
Earlier this month, the price of Dogecoin spiked after Musk announced that Tesla would accept it as payment for merchandise and other products on its website. Items such as Tesla’s “Cyberquad for Kids” and a commemorative Tesla belt buckle quickly listed their prices in Dogecoin.
Musk has referred to himself as “The Dogefather.” Last year, the Tesla founder referenced Dogecoin during his appearance as host on “Saturday Night Live.”
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January 26, 2022 at 07:57AM
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Elon Musk nudges McDonald's to accept Dogecoin: 'I will eat a Happy Meal on TV' - New York Post
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