Elon Musk Reiterates He'll Eat McDonald's Happy Meal On Live TV If Dogecoin Adoption By Golden Arches Becomes A Reality
Portfolio Pulse from Mehab Qureshi
Elon Musk has reiterated his offer to eat a McDonald's Happy Meal on live TV if the fast-food chain accepts Dogecoin as a form of payment. This follows a Twitter exchange between Musk and DogeDesigner. Despite Dogecoin gaining momentum and recognition throughout 2021, widespread adoption by a majority of retailers is yet to be seen. While companies such as Tesla have incorporated Dogecoin as a payment option, McDonald's has yet to follow suit.
July 03, 2023 | 6:11 am
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POSITIVE IMPACT
Elon Musk's public endorsement and potential McDonald's adoption could boost Dogecoin's visibility and acceptance, potentially impacting its price.
Elon Musk's influence and the potential adoption of Dogecoin by a major global brand like McDonald's could increase the cryptocurrency's visibility and acceptance. This could lead to increased demand and potentially a rise in price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100