New Delhi: Twitter CEO and Tesla chief Elon Musk on January 25 reaffirmed that he will eat McDonald's Happy Meal on TV if the outlet accepts his favourite cryptocurrency, Dogecoin, as payment. This is his second offer, as Musk made a similar offer last year. However, the fast food chain McDonald's did not accept the offer a year ago.
In replying to Elon Musk, the corporation said that it will do so if electric car manufacturing company Tesla "accepts grimacecoin." McDonald's tweeted, "Only if Tesla accepts grimacecoin."
Grimace is the purple blob character used by McDonald’s for marketing and advertising. Grimacecoin was born as a meme cryptocurrency after funny Twitter interactions between Elon Musk and McDonald's. It is a fluffy, purple character who tags along with Ronald McDonald's in the company's commercials and advertisements.
The entire matter surfaced in the media after Elon Musk replied to a Twitter user who asked if the offer was still open. A Twitter user named DogeDesigner tweeted, "Is this offer still open?" Musk, in his reply, reaffirmed the offer with an emoji on the micro-blogging platform.
He had earlier tweeted, "I will eat a happy meal on tv if @McDonalds accepts Dogecoin."
And McDonald's, in its reply, tweeted, "only if @tesla accepts grimacecoin."
Grimacecoin, a crypto token, has nothing to do with either the food company or Musk.
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Elon Musk has been a long-time Dogecoin supporter and is referred to as the "Dogefather" in the crypto meme community. Tesla accepts Dogecoin as a payment method, and Musk's other company, SpaceX, is also expected to start accepting DOGE as one of the payment methods in the future.
Amid this, Dogecoin's price slightly increased from $0.1359 to $0.1496 after his tweet. This is an increase of over 10 percent.
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McDonald's has recently been found tweeting about cryptocurrency in general. It recently tweeted, "How are you doing people who run crypto Twitter accounts."
In the past, Musk has reportedly said that Dogecoin is the best cryptocurrency for transactions and monetary settlements. He personally holds Bitcoin, Ether, and Dogecoin. Earlier, he also praised the token by saying, "Dogecoin to the Moon."
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