Elon Musk has repeatedly touted dogecoin, including earlier this month when he said Tesla would accept the cryptocurrency as payment for some merchandise.
Photo:
Hannibal Hanschke/Associated Press
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Elon Musk
wants
McDonald’s Corp.
to start accepting dogecoin for payment.
“I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” Mr. Musk, chief executive of
Tesla Inc.,
said in a tweet Tuesday morning. He has repeatedly touted dogecoin, including earlier this month when he said Tesla would accept the cryptocurrency for payment for some merchandise.
The price of dogecoin rose 7% on Tuesday, according to CoinMarketCap.
McDonald’s later tweeted “only if @Tesla accepts grimacecoin,” in reference to the purple character featured in some of the fast-food company’s advertising campaigns. Tesla didn’t respond to a request for comment.
Mr. Musk’s tweet came after cryptocurrency prices—including dogecoin—have fallen sharply in recent days. The selloff prompted McDonald’s to tweet on Monday: “how are you doing people who run crypto twitter accounts.”
Dogecoin, initially started as a joke in 2013, is currently in the top 10 by market value for cryptocurrencies,…
![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-350x250.jpg)
