Elon Musk, CEO of Tesla and Twitter, doubles down on his promise to chow down a Happy Meal on live TV if McDonald’s embraces meme cryptocurrency, Dogecoin (DOGE). He first made this bold offer a year ago, but McDonald’s countered with a proposal of their own.
Elon Musk, the head of Tesla, Spacex, and Twitter, confirms his willingness to chomp down a Happy Meal on TV if McDonald’s jumps on the dogecoin (DOGE) bandwagon. The billionaire first made this offer on Jan. 25, 2022, but McDonald’s didn’t take the bait at the time.
The fast food company replied to him via Twitter with a counteroffer, saying, “Only if Tesla accepts grimacecoin.” Grimace is the iconic, purple plush character often seen alongside Ronald McDonald in McDonaldland commercials.
Musk’s Happy Meal challenge made headlines again this week when a Twitter user asked if the offer still stands. On Thursday, the Tesla CEO replied with a 100 emoji, confirming his unwavering commitment.
Following the banter between McDonald’s and Musk, a new cryptocurrency called grimacecoin (GRIMACE) surfaced. Despite having no ties to either McDonald’s or Musk, the crypto token saw the light of day. As of now, each grimacecoin is priced at $0.5879.
Dubbed the ‘Dogefather’ by meme crypto enthusiasts, Musk has been a staunch supporter of dogecoin (DOGE). His electric vehicle company, Tesla, already accepts DOGE for certain merchandise and Spacex will soon follow. Additionally, his tunnel construction firm, The Boring Company, accepts DOGE payments for some of its tunnel rides.
Musk personally holds bitcoin, ether, and dogecoin. He has stated that he will continue buying and supporting DOGE. In June 2022, he confirmed that Tesla had not sold any of its DOGE holdings, and in November he tweeted “Dogecoin to the Moon.
Johnson Philip is a passionate cryptocurrency enthusiast and writer for CoinSEM.com. He has been following the crypto industry for years, and has a deep understanding of the various technologies and trends driving the market. Johnson has written extensively on topics ranging from blockchain development to ICO analysis and is known for his ability to translate complex technical concepts into easy-to-understand language.