The price of Dogecoin rose on Tuesday after Elon Musk urged McDonald’s to start accepting the cryptocurrency as a form of payment, stating that he would “eat a happy meal” if the fast food restaurant company does so. “I will eat a happy meal on tv if Mcdonald’s accepts Dogecoin,” the chief executive of Tesla wrote on Twitter on Tuesday morning, prompting the McDonald’s Twitter account to respond with, “only if Tesla accepts grimacecoin.” Grimacecoin is not a real form of cryptocurrency and is simply a reference to the fluffy, purple character who appears with Ronald McDonald in McDonaldland commercials. Despite this, Wednesday’s post spurred the creation of 20 grimacecoins on the Binance Smart Chain (BSC) network alone and they have currently seen 6,364 transactions in the past 24 hours alone. The price of Dogecoin also rose significantly following the Twitter exchange, surging 8.57 percent. It is currently trading at $0.14774, according to the Nasdaq. Grimacecoin was created by anonymous …
Dogecoin Surges After Elon Musk Urges McDonald’s to Accept It as Payment
January 26, 2022
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