September 15, 2022
  • September 15, 2022
  • Home
  • Cryptocurrency
  • Elon Musk-McDonald’s Dogecoin Exchange Triggers Creation of New Cryptocurrency – and it Surges Over 50,000% in Hours – Dogecoin – US Dollar ($DOGE)

Elon Musk-McDonald’s Dogecoin Exchange Triggers Creation of New Cryptocurrency – and it Surges Over 50,000% in Hours – Dogecoin – US Dollar ($DOGE)

By on January 26, 2022 0

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk tuesday asked McDonald’s Corp. (NYSE:MCD) to accept Dogecoin (CRYPTO: DOGE) in exchange for the world’s richest person promoting the company’s “happy meal” product.

The fast-food chain replied, in spirit, that it would comply with the request if Tesla similarly began accepting an invented coin called the “Grimace Coin.”

McDonald’s didn’t know it wouldn’t be an invented cryptocurrency for a long time. Yes, there are already more than a dozen Grimace coins in the wild world of cryptocurrencies.

See also: Will Bitcoin go up?

A project that is seeing widespread action at the moment is grimacing coin (CRYPTO: $GRIM), based on the Ethereum blockchain, which already has a website and Twitter account in place.

At the time of writing, the cryptocurrency is up 52,910% since its launch at $0.00396116, according to data from DexTools.

Among those who recognized the appearance of new cryptocurrencies was the co-founder of Dogecoin Billy Marcus and Twitter parody account Greg, which is especially popular with the meme-corner community.