Will McDonald’s Accept Dogecoin Following Elon Musk’s Challenge?

The Dogecoin (DOGE) group has obtained assist from its hottest patron, Elon Musk, within the requires McDonald’s to simply accept the memecoin. Elon Musk has challenged the quick meals restaurant chain to simply accept DOGE for an opportunity to see him eat a McDonald’s Joyful Meal on TV. McDonald’s is but to reply to Musk, however has famous that it’s contemplating the cost expertise for its customers.

Will McDonald’s humor DOGE holders after Elon Musk’s problem?

Perennial supporter of Dogecoin, Elon Musk, has joined the requires McDonald’s to simply accept the memecoin. In a tweet, Musk acknowledged that he would eat a McDonald’s pleased meal on tv if the agency started accepting DOGE.

His problem is coming after McDonald’s posted a DOGE meme. Ought to they settle for the problem, it will be large for Dogecoin. Not solely is McDonald’s the world’s largest fast-food restaurant chain, they’re one of many best-known manufacturers on the earth. McDonald’s operates over 39,000 shops in about 100 international locations on the earth. Adoption of Dogecoin would give the memecoin extra visibility.

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McDonald’s might additionally stand to realize from the association by getting extra patronage. As has been famous by the proprietor of the Dallas Mavericks NBA basketball crew, Mark Cuban, and Elon Musk, who each settle for the memecoin at their enterprises, Dogecoin holders are very prepared to spend their tokens to pay for items and companies.

Macdonald’s has famous that it’s conscious of the eye it’s receiving from the DOGE group, however has not made any dedication to simply accept DOGE. In a tweet McDonald’s stated:

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 We respect listening to your curiosity and repeatedly consider the cost expertise,

Notably, McDonald’s has a historical past with cryptocurrencies that signifies that the prospect of them accepting DOGE shouldn’t be dominated out. After the adoption of Bitcoin as authorized tender in El Salvador, McDonald’s was one of many first enterprises to start out accepting Bitcoin. The conglomerate has additionally joined the NFT bandwagon with the discharge of a ten piece assortment primarily based on their proprietary McRib sandwiches.

The worth of DOGE is surging on the again of the eye

Since Musk tweeted his problem at McDonald’s, the worth of DOGE has elevated by about 9% to presently be buying and selling at $0.14. Nonetheless, the memecoin has been taking a beating out there amidst the crypto market crash. DOGE is down 13.7% within the final seven days. The joke coin can also be round 81.3% down from its all time excessive worth of $0.75 which it beforehand reached on the again of engagement from Elon Musk.

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