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Elon Musk vs. McDonalds: Fast Food Chain Responds to Musk's Dogecoin Proposal

 


Tesla CEO Elon Musk wrote on Twitter that he would eat a McDonalds Happy Meal on TV if McDonalds accepted the Dogecoin (DOGE) meme coin as payment.



Elon Musk und McDonalds

While the crypto market has been in a steep decline recently, Dogecoin has also lost around 25% in value. Meanwhile, on Twitter, McDonalds has asked how the people running a crypto Twitter account are doing. Shortly thereafter , Elon Musk wrote on Twitter that he would eat a Happy Meal on TV if McDonald's decided to accept his popular Dogecoin as payment.




The response from the fast food chain was not long in coming. Thus, the company wrote that if Tesla accepts Grimacecoin, it will accept DOGE.The invented cryptocurrency's name was inspired by Grimace, a purple-colored anthropomorphic creature that appeared in a McDonald's commercial in the early 1970s. Originally she was supposed to have four arms stealing children's milkshakes. Roy Bergold, McDonald's creative officer, told QSR Magazine that "Evil Grimace" proved a failure because it was too scary for kids.


Just minutes after the company's tweet, someone created a token called "Grimacecoin" on the Binance Smart Chain, which shot up more than 261,000% in a matter of hours before plummeting again.


Since there are hardly any checks on the Binance chain, BSC is often used for quick pump-and-dump projects, which is why investors should be very careful. Tokens keep ending up there, which cost many investors a lot of money.


Dogecoin community reacts

The Dogecoin community was more than dissatisfied with the response. Many wrote that it took the company over 10 hours to respond.


Billy Markus, Dogecoin co-founder, commented that the Grimacecoin tweet is a typical example of making something funny unfunny.


Faithr Contessoto, who made headlines last year as a self-proclaimed Dogecoin millionaire, tweeted that the fast-food chain took advantage of an incredible opportunity for a terrible joke.

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