McDonald’s trolls Elon Musk over Dogecoin: Creates a new cryptocurrency ‘Grimace Coin’

Mcdonald's trolls Elon Musk about accepting Dogecoin
McDonald’s trolls Elon Musk about accepting Dogecoin. Photo by Samuel Figueroa from Pexels

Key Takeaways

  • Elon Musk offered to eat a Happy Meal on TV if McDonald’s accepts Dogecoin
  • The fast-food chain replied, asking him to accept the non-existant Grimace Coin for Tesla
  • The tweet resulted in several Gramice Coins hitting the market within hours

YEREVAN ( Self-styled Dogefather Elon Musk is back to stirring the pot again. On Tuesday, the Tesla CEO sent the price of Dogecoin (DOGE) on an 8% rally after yet another tweet about the original meme coin. 

Musk, who has been vocal in his support for Dogecoin, tweeted that he would eat a Happy Meal on TV if McDonald’s accepts DOGE as a form of payment. As always is the case, speculative buyers poured their cash into DOGE, causing it to reach as high as $0.1519 in the last trading session. 

Grimace Coin
Dogecoin (DOGE) gained 8% following tweets from Elon Musk and McDonald’s. Credit: CoinMarketCap

“I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” 

Musk promised. 

Musk’s infatuation with Dogecoin is nothing new. Early last year, he sent the price of DOGE on a parabolic rise after calling it “the people’s crypto.”

Recommended: Dogecoin (DOGE) rallies 15% as the crypto market recovers from slump

McDonald’s counters Dogecoin offer, creates Grimace Coin

While people held their breaths in anticipation of a reaction, McDonald’s did not disappoint. The giant fast-food chain responded to Musk’s challenge in the most iconic way possible.

Hitting where it would hurt Dogecoin lovers most, McDonald’s compared DOGE to the then non-existent Grimace Coin. Claiming it will accept the original meme coin if Musk’s Tesla accepts Grimace, the restaurant chain thought they were trolling Musk. However, they kickstarted a new cryptocurrency movement instead.

Before anyone realized it, people created and floated a Grimace Coin in the market. Trading under the ticker $GRIM, the new meme token had over 1000 holders in a matter of hours. 

However, that was not the only claimant to the fame. Several Grimace Tokens stepped into the scene, with one reportedly rallying as much as 285,000% within hours.

Grimace is a fluffy purple character featured in McDonaldland commercials. 

Elon Musk recently announced fans could now purchase Tesla merchandise using Dogecoin (DOGE).

Recommended: Tesla merchandise buyable with Dogecoin (DOGE), announces Elon Musk

McDonald’s seems to enjoy the Dogecoin and crypto love

McDonald’s has been tweeting regularly about cryptocurrencies. 

Following the recent market crash, the fast-food chain came out to connect with the crypto community. 

“How are you doing people who run crypto twitter accounts,” 

McD asked.

Last week McDonald’s also gave hopes to fans about accepting Dogecoin after a fan promised to visit its outlets more often if they do so. Of course, the food chain responded with a message that held no promises but contained no signs of outright rejection either. 

“We appreciate hearing your interest and continuously evaluate the payments experience,” 

they said.

Knowing how impulsive Elon Musk is, he may end up accepting McDonald’s counteroffer. However, regardless of what Musk will do next, some people have already reaped the benefits of his tweet through their fake Gramice Coins. Dogecoin (DOGE) lovers will be

Dogecoin, McDonald’s trolls Elon Musk over Dogecoin: Creates a new cryptocurrency ‘Grimace Coin’

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