Latest News

Dogecoin acceptance by Elon Musk’s is met with a positive response by McDonald’s

The centibillionaire requested that Dogecoin be accepted by the Chicago-based company. In exchange, he vowed to consume its Happy Meal while watching TV.

By tweeting that it will accept Dogecoin provided Tesla accepts “Grimacecoin,” McDonald’s appears to have backed away from the pledge.

Grimace, a purple humanoid creature who first appeared in McDonald’s advertisements in the early 1970s. Of course, was the inspiration for the coin’s name. It was going to be a nefarious-looking figure with four arms who stole children’s milkshakes. However, McDonald’s creative officer Roy Bergold told QSR Magazine that

“Evil Grimace” was a flop because it was too frightening for children.

Someone created an actual currency named “Grimacecoin” on Binance Smart Chain just minutes after the McDonald’s tweet, which rocketed more over 261,000 percent within hours before losing the lion’s part of its gains.

BSC has become a hub for rapid pump-and-dump enterprises due to the low barrier to entry, which is why investors should be cautious.

The response was mainly unsatisfactory to the Dogecoin community. Many people pointed out that such an offer took the company’s marketing team almost 10 hours to come up with.

So, The Grimacecoin tweet, according to Dogecoin co-founder Billy Markus, was a perfect example of how to make something enjoyable unfunny.

Last year, self-proclaimed “Dogecoin millionaire” Glauber Contessoto tweeted that the world’s restaurant chain had “fumbled a fantastic opportunity for a bad joke.”

Related Posts – Ex-SEC Chair, Jay Clayton Believes Cryptocurrency Industry Is For Long Haul

A Digital European Project In Works With Italian Payments Provider Nexi

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.