Cryptocurrencies, particularly meme coins have been under the crypto spotlight for a while now. Even though Dogecoin [DOGE] paved the way, several new meme coins have been taking over the space. Now, DOGE had caught the attention of a prominent fast-food platform, Mcdonald’s. While the community has been speculating on a potential collaboration between the two, no official statement has been released.
Just yesterday, McDonald’s rolled out a tweet hinting at an upcoming announcement. Though this tweet had absolutely nothing to do with Dogecoin, Musk’s comment pushed the community into believing the fast-food giant was cooking something.
Following this, the price of Dogecoin shot up. Despite no major affirmation, people began flocking into the DOGE market. The OG meme coin witnessed a major surge but this clearly did not last very long.
As the day progressed the coin plummeted but managed to stay afloat. Dogecoin, unlike other coins, at press time was still in the green arena. The meme coin was trading for $0.146 with minimal daily profits of 0.35%.
In the meantime, McDonald’s rolled out its big announcement and it was far from being Dogecoin related.
Nevertheless, the latest rumor seems to have pushed the meme coin back to the coveted top ten as its market cap grew beyond $19 billion.
Dogecoin co-founder addresses McDonald’s x DOGE rumor
The co-founder of the OG meme coin, Billy Markus asked people why they assumed the fast-food giant would accept DOGE. The baseless rumor gained immense traction throughout Crypto Twitter. He said,
“so why did people think McDonald’s was gonna accept dogecoin?
if you believed the rumor, examine your thought process and who you were listening to very carefully, cuz it was a pretty silly one”
Similarly, he urged the community to remain calm even if Dogecoin did not make a debut at the Super Bowl. He tweeted,