Elon Musk brings back his McDonald's Happy Meal offer

Billionaire tech tycoon Elon Musk erstwhile again revived the treatment astir the fashionable accelerated nutrient concatenation McDonald’s Corp. accepting Dogecoin (DOGE) payments astatine its restaurants.

It was connected Jan. 25, 2022 that Musk said connected X (then Twitter) that helium would devour a McDonald’s Happy Meal live on tv if the chain accepts Dogecoin payments.

Related: Elon Musk reportedly labels astir cryptocurrencies arsenic 'scams'

Dogecoin is simply a fashionable meme coin that started arsenic a gag connected the hype surrounding Bitcoin (BTC), the archetypal decentralized cryptocurrency. But it became truthful fashionable that it turned retired to beryllium among the apical 10 cryptocurrencies by marketplace cap.

Musk has repeatedly heaped praise connected Dogecoin, calling it the "people’s crypto" backmost successful 2021. Around the aforesaid time, helium remarked that his company SpaceX is going to "put a literal Dogecoin connected the literal moon."

Both SpaceX and Tesla (Nasdaq: TSLA) have antecedently embraced Dogecoin payments for prime merchandise. Musk's posts referencing Dogecoin erstwhile utilized to spur chaotic terms rallies for the meme coin.

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Musk revives Dogecoin connection for McDonald's

When a fashionable crypto relationship connected recently reminded the X assemblage astir Musk's earlier remark about eating a McDonald’s Happy Meal unrecorded connected TV if the concatenation accepted Dogecoin, the tech billionaire responded with a one-word response: "True."

Musk's latest station comes astatine a clip erstwhile the broader crypto marketplace is going done a slump.

Dogecoin was trading astatine $0.1378 on Jan. 25, 2022 erstwhile Musk archetypal made the connection to person a McDonald’s Happy Meal unrecorded connected TV if it accepts the meme coin for payments.

It has been much than 4 years since past and DOGE has gone done the ebbs and flows of the broader integer assets market.

While it went arsenic precocious arsenic 0.4665 successful aboriginal December 2024, it was trading astatine $0.0993 astatine the clip of writing. It has been a fewer hours since Musk made the latest station and it had nary interaction connected the meme coin's price.

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SpaceX reserves 5% successful IPO shares for employees, friends

Meanwhile, Musk's abstraction exertion institution SpaceX is readying to spell public. It is expected to beryllium the largest initial nationalist offering (IPO) successful marketplace past arsenic the abstraction exertion giant plans to rise astatine slightest $75 cardinal astatine a valuation of $1.75 trillion-$2 trillion.