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You are here: Home / Cryptocurrency News / Altcoin News / Dogecoin: Elon Musk’s McDonald’s Offer On DOGE is Still 100% On

Dogecoin: Elon Musk’s McDonald’s Offer On DOGE is Still 100% On

By Lipika Deka | Edited By Lipika Deka,January 28, 2023, 12:17 PM

Dogecoin: Elon Musk's McDonald's Offer On DOGE is Still 100% On

Elon Musk, a proponent of Dogecoin, responded to a user’s question by tweeting that his earlier promise to eat at McDonald’s is still valid.

It needs to mention that on Jan 2022, Tesla CEO posted a challenge for the fast food giant, saying he would eat a Happy Meal live on TV if McDonald’s accepted Dogecoin as a means of payment.

The leading restaurant chain did not yield to any requests in accepting the token.

To add more salt to the injury, McDonald even trolled the tech billionaire on past occasions, asking him to accept Grimacecoin, a made-up cryptocurrency, in exchange for enabling payments in meme cryptocurrency Dogecoin.

The fake token created after McDonald’s joke tweet also surged as much as 285,641% in a few hours as opportunistic actors jumped at the chance to cash in on the hype.

However, recently, the fast food chain threw a surprise tweet quoting, “What did I miss?” to which Binance’s Twitter account responded, “A lot of green candles.”

The Tesla CEO too chimed in by tweeting “Oh, hi, lol,” in the replies section.

This prompted “DogeDesigner” of UX/UI and graphic designer at Doge to inquire as to the status of Musk’s initial offer to McDonald’s regarding the acceptance of the meme token.

And true to his words, the multibillionaire replied with a “100” emoji.

Dogecoin Rallied By Over 35% In less than 20 Days

Musk’s tweet has been liked over 3000 times and has generated views close to 120k raising expectations that the fast food chain would eventually reassess its stance on the token.

The popular meme token recently hogged the limelight after a report published by Forex Suggest showed that DOGE’s carbon emissions have been reduced by 25%. With 1,423 tons of emissions released in 2021, the asset produced 1,063 tons in 2022.

The survey also credited Musk for being instrumental in refusing to accept Bitcoin as payment, due to its high emissions.

Owing to proactive efforts by the billionaire entrepreneur and the members of the Dogecoin ecosystem, Dogecoin saw a 25% decrease in its annual CO2 emissions.

Moreover, with regard to its price, DOGE kickstarted the new year with a surge of over 35% to date. At the time of writing this post, the 9th largest asset by market cap is trading at $0.08.

Filed Under: Altcoin News, Cryptocurrency News

About Lipika Deka

Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.

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