Elon Musk nudges McDonald’s to simply accept Dogecoin

If Elon Musk has his method, McDonald’s would be the newest firm to leap on the Dogecoin bandwagon.

Musk, a widely known Dogecoin fan, on Tuesday urged McDonald’s to simply accept the meme token as a authentic type of fee for burgers and fries. The billionaire supplied McDonald’s to promote in the event that they agreed to his proposal.

“I will have a Completely happy Meal on TV if @McDonalds accepts Dogecoin,” Musk tweeted.

In keeping with Coinbase, Dogecoin’s worth rose greater than 7 p.c to $0.14 after Musk’s tweet.

McDonald’s did not instantly reply to the Submit’s request for remark, however responded to Musk’s tweet and stated, “Provided that Tesla accepts Grimacecoin.”

Musk’s provide has repeatedly spoken to McDonald’s with the crypto neighborhood on social media over the previous few days. Final week, McDonald’s responded to a Twitter consumer who claimed they’d eat on the quick meals chain extra typically in the event that they accepted Dogecoin.

“We admire your curiosity and are regularly evaluating the fee expertise,” McDonald’s replied.

Musk promised to have a Completely happy Meal on TV if the fast-food chain accepted his provide.Photograph by Theo Wargo/Getty Photographs for TIME

McDonald’s additionally referenced cryptocurrencies Monday as digital tokens like Bitcoin, Ethereum and Dogecoin noticed wild worth swings. Cryptocurrencies have been unstable over the previous few weeks as buyers scaled again riskier investments forward of anticipated Federal Reserve fee hikes.

El Salvador President Nayib Bukele shared a meme of himself in a McDonald’s uniform as the worth of Bitcoin fell on Monday. Final 12 months, beneath Bukele’s management, El Salvador grew to become the primary nation to undertake bitcoin as authorized tender.

“How are individuals working crypto twitter accounts,” tweeted McDonald’s.

McDonald’s responded to Musk’s tweet by saying “provided that Tesla accepts Grimacecoin.”Photograph by Paul Weaver/SOPA Photographs/LightRocket by way of Getty Photographs

Earlier this month, Dogecoin’s worth surged after Musk introduced that Tesla would settle for it as fee for items and different merchandise on its web site. Gadgets like Tesla’s “Cyberquad for Children” and a commemorative Tesla belt buckle rapidly listed their costs in Dogecoin.

Musk has referred to himself as “The Dogfather.” Final 12 months, the Tesla founder referenced Dogecoin when he appeared as a presenter on Saturday Night time Stay.