Does Elon Musk want the little kiddie toy, too?
And, as is typical of him, Musk promised to eat the kiddie treat live on national television (Do you suppose he likes the hamburgers or the Chicken Nuggets? And will he want sliced apples or French fries?)
According to Business Insider, Elon Musk made this declaration after McDonald’s announced its huge crypto selloff.
Further speculation about McDonald’s willingness to accept Dogecoin sprouted up when Shibetoshi Nakamoto, the creator of Dogecoin, tweeted at McDonald’s, and the company responded by posting a photo of a Shiba Inu eating a French fry.
— McDonald's (@McDonalds) January 19, 2022
“Before he posted his McDonald’s tweet Tuesday, Dogecoin was trading at about $0.135. Shortly after he tweeted, the coin was trading at about $0.14, a gain of nearly 4 percent,” reports Business Insider.
So far, McDonald’s has not responded to Musk’s challenge.
Elon Musk loves Dogecoin, but what is it?
So, what is Dogecoin?
Originally formulated from a popular meme featuring a Shiba Inu dog, Dogecoin is considered a “lighthearted” alternative to other cryptocurrencies, like Bitcoin and Ethereum. Dogecoin is abundant — unlike Bitcoin — which is why it’s so inexpensive.