McDonald’s Responds to Elon Musk’s Request to Accept Dogecoin

Alex Dovbnya

Dogecoin Fans Criticized McDonald’s Over Failed Response to Elon Musk’s Offer

Fast food giant McDonald’s faces backlash after botching its response to Tesla CEO Elon Musk

As reported by U.Today, the centibillionaire asked the Chicago-headquartered company to accept Dogecoin. In return, he promised to eat his Happy Meal on television.

McDonald’s has seemingly relinquished the offer by tweeting that it will accept Dogecoin if Tesla accepts “Grimacecoin”.

The name of the invented cryptocurrency was inspired by Grimace, a purple anthropomorphic creature that appeared in McDonald’s commercials in the early 1970s. It was originally envisioned as a vicious looking four-armed character who would steal milkshakes for kids. Roy Bergold, creative director of McDonald’s, told QSR Magazine that “Evil Grimace” turned out to be a failure because it was too scary for kids.

Just minutes after the McDonald’s tweet, someone created a real token called “Grimacecoin” on Binance Smart Chain that pumped more than 261,000% in hours before erasing the lion’s share of its profits.

Due to its low barrier to entry, BSC has become a hotbed for high-speed pump-and-dump projects, which is why investors should exercise caution.

A missed opportunity

The Dogecoin community was largely dissatisfied with the response. Many pointed to the fact that the company’s marketing team took more than 10 hours to come up with such an offer.

Dogecoin co-founder Billy Markus noted that the Grimacecoin tweet was a textbook example of how to make something fun and funny.

Glauber Contessoto, who made headlines last year as a self-proclaimed “Dogecoin millionaire,” tweeted that the world’s restaurant chain had “found an incredible opportunity for a terrible joke.”

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