• On January 26th, 2023, McDonalds stirred up a conversation between Elon Musk and the Dogecoin (DOGE) community after tweeting „what did I miss?“.
• Elon Musk reaffirmed that he would „100%“ still appear in a McDonald’s ad if the fast food company implemented DOGE payments.
• Dogecoin’s value has remained unaffected by „the DogeFather“ speculation, trading at $0.085 USD at the time of writing.
On January 26th, 2023, McDonalds set the internet ablaze with one simple tweet. After a tweetless-period of more than three months, the American multinational fast-food chain tweeted the phrase „what did I miss“ to its follower base of 4.7M, and the tweet has thus far accumulated approximately 8.1M views. Business magnate Elon Musk, whose influence has been felt throughout the cryptocurrency market, noticed the tweet and responded with “oh hi lol”.
DogeDesigner, a UX/UI graphic designer at Dogecoin, seized the opportunity to resurrect a year-old tweet from Musk, in which he pledged that he would „eat a happy meal on tv if McDonald’s accepts Dogecoin.“ DogeDesigner asked Musk if the deal was still open, to which Musk responded with the „100%“ emoji. This sparked excitement from the Dogecoin (DOGE) community, with speculation of a potential collaboration between McDonald’s and Dogecoin.
Despite the surge of interest, Dogecoin’s value has remained unaffected by „the DogeFather“ speculation, trading at $0.085 USD at the time of writing. Data by Messari shows that DOGE has been experiencing an upswing of 6.42% over the last seven days. However, it is uncertain as to whether the surge in interest is enough to remain sustainable.
Only time will tell if this collaboration will come to fruition. In the meantime, the cryptocurrency community will remain vigilant in anticipation of further developments.