Elon Musk, the richest man in the world has been an active supporter of Dogecoin for over an year now. Recently, the business tycoon started accepting the meme-coin as a mode of payment on his EV company Tesla’s merch website.
Dogecoin’s price jumped 16% after Elon Musk announced that Tesla would accept the cryptocurrency as payment.
Tesla Already Accepts Doge
The items that can be purchased with Doge from Tesla’s website are:
- Cyberquad for Kids (12,020 doge / around $2,320)
- Giga Texas Belt Buckle (835 doge / around $161) and,
- Cyberwhistle (300 doge / around $58).
If this move wasn’t enough, Elon Musk has now come up with yet another fascinating promise. He took to his official Twitter handle and wrote:
Elon Musk, Happy Meal, and McDonald’s
“I will eat a happy meal on tv if @McDonalds accepts Dogecoin”
The tweet already has more than 120,000 likes and 20k retweets.
One of the comments under the tweet says “Mom, Elon is pumping crypto again.” One user said “I will eat every meal for the rest of my life at McDonalds if they accept dogecoin”.
Another popular crypto advocate David Gokhstein took notice of Elon Musk’s tweet and commented under it saying “Hey @McDonalds accept $DOGE and watch your business pick up.”
The official McDonald’s Twitter account has neither liked the tweet not commented anything so far. But in case they do, it will be a story for another day.
Shiba Inu Vs Dogecoin
In the past Elon Musk has said “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment”.
Shiba Inu is at the second place in the meme-coin race. Recently, Shib investors also had a reason to celebrate as a Crypto label by the name of Bigger Entertainment successfully completed the burn of one billion Shiba Inu coins.
If you’re not aware about Coin Burns, it is essentially the practice of destroying the coin so that it is not available for further and is wiped off the supplies. This is done by sending the coins to any forgotten or specialized wallets whose private keys are not accessible. This, in turn, removes the token from supply and helps boost the price of the cryptocurrency.