✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

Elon Musk Reiterates He'll Eat McDonald's Happy Meal On Live TV If Dogecoin Adoption By Golden Arches Becomes A Reality

Published 03/07/2023, 07:11
Updated 03/07/2023, 08:40
Elon Musk Reiterates He'll Eat McDonald's Happy Meal On Live TV If Dogecoin Adoption By Golden Arches Becomes A Reality

Benzinga - Elon Musk has once again confirmed eating a McDonald’s Happy Meal on live television if the fast-food giant adopts Dogecoin (CRYPTO: DOGE) as a form of payment.

What Happened: This follows a Twitter exchange between Musk and DogeDesigner, who on Sunday proposed the idea of Musk consuming a Happy Meal on TV if McDonald’s embraced the popular cryptocurrency.

A Happy Meal is a popular meal option offered by McDonald’s, designed specifically for children. It typically includes a main food item, such as a hamburger or chicken nuggets, along with a side, a beverage, and a small toy or promotional item.

In response to DogeDesigner’s tweet, Musk replied with a “Yes.” This interaction revived the conversation that began back in January 2022 when Musk initially made the offer.

See More: A Stay At The Floating Palace From James Bond's ‘Octopussy’

Why It Matters: Despite Dogecoin gaining momentum and recognition throughout 2021, with endorsements by prominent figures like Mark Cuban and Musk himself, widespread adoption by a majority of retailers is yet to be seen.

While companies such as Tesla have incorporated Dogecoin as a payment option, McDonald’s has yet to follow suit.

In contrast, competitors like Burger King and Mr. Beast Burger have leveraged Dogecoin acceptance as part of their marketing strategies.

Price Action: At the time of writing, DOGE was trading at $0.068, up 1.75% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Rise After SEC Labels ETF Filings From BlackRock, Fidelity ‘Inadequate’ — Analyst Says King Crypto Could Touch $310K If Institutions Do This

Join Benzinga’s Future of Crypto in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.