Dogecoin Surges as Elon Musk Reignites McDonald's Rumors

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Dogecoin Surges as Elon Musk Reignites McDonald's Rumors
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.elonmusk has made Dogecoin spike almost 9%

He certainly wasn’t alone. Dogecoin has rallied almost 9%, outperforming other major cryptocurrencies as Bitcoin continues to display anemic price action. , Musk tweeted that he would eat a McDonald's Happy Meal if the legendary fast-food giant were to accept the Dogecoin cryptocurrency.

McDonald’s, which has been an inspiration for crypto-related memes, nudged Tesla to accept Grimacecoin, a made-up cryptocurrency, in return. The response inadvertently led to the creation of another meme coin on the Binance Smart Chain.Many thought that the cheesy joke was the end of Musk’s push to make McDonald’s embrace Dogecoin, but the most recent Twitter exchange might indicate that there is more to come.

After the industry experienced massive growth in 2021, the cryptocurrency community is now preparing for a Superbowl ad blitz reminiscent of the peak of the dot-com era.Some Dogecoiners are also speculating that the canine cryptocurrency could make an appearance, but co-founder Billy Markus is urging them not to become “pitchforky” if this doesn’t happen.

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