McDonald’s Responds to Elon Musk’s Request to Accept Dogecoin

McDonald’s Responds to Elon Musk’s Request to Accept Dogecoin

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McDonald’s Tweet

Tesla CEO Elon Musk recently asked McDonald’s to accept DOGE payments. The billionaire added that if McDonald’s heeded his request, he would eat a Happy Meal on TV.

McDonald’s has come up with a counteroffer for Elon. After 10 hours of brainstorming, the fast-food chain tweeted that it would accept Dogecoin if Elon Musk’s Tesla started accepting GrimaceCoin. McDonald’s accompanies the tweet with a purple coin with Grimace’s face on it.

GrimaceCoin Pops Up on Binance Smart Chain Minutes After McDonald’s Tweet

Before McDonald’s tweet, GrimaceCoin was non-existent. Grimace is a purple anthropomorphic creature that appeared in an early McDonald’s commercial. The beast was meant to scare children and steal their milkshakes. However, Grimace phased out as it was too scary for children.

A few minutes after McDonald’s response to Elon, a new coin called GrimaceCoin was created on the Binance Smart Chain. Subsequently, the price of the new token shot up by around 6000% before trekking down by 3% from its peak.

Meme coins have had quite a reputation in the crypto community. Dogecoin may have pioneered the onset of the canine coins. Apart from DOGE and SHIB, Dogelon Mars, Samoyedcoin, MonaCoin, and others.

Dogecoin Community is not Happy with McDonald’s

McDonald’s GrimaceCoin seems to be a new trend, which the Dogecoin community is not happy about it. Dogecoin co-founder Billy Markus states that McDonald’s tweet is a textbook example of making something fun unfunny.

There is no telling currently how big McDonald’s GrimaceCoin will grow. The fast-food chain did not indicate any intention of launching its token, so it is unlikely that McDonald’s is in Binance Smart Chain. People are warned against the coin as scammers likely created it—GrimaceCoin taxes every transaction 10%, a major red flag when trading crypto.

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