It’s all smoke-show theatrics, but as the good old saying goes, “any press is good press”, holds strong in the 24/7 social media news cycle. Elon Musk made an offer to McDonald’s on Twitter last year saying that he would eat a Happy Meal on television if the burger joint accepts Dogecoin as payment.
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However, McDonald’s clapped back saying that they would accept DOGE only if Tesla accepts Grimacecoin, which doesn’t exist.
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The offer resurfaced last week after DogeDesigner asked McDonald’s “Is this offer still open?” to which Musk responded “100%”. Musk is open to eating a Happy Meal on television if the burger giant accepts the meme-coin as payment.
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However, what might happen if McDonald’s accepts Dogecoin as payment someday down the line? Could it make DOGE spike in price, or will it attract new investors into its fold? Let’s find out!
Dogecoin: So What if Elon Musk Eats A McDonald’s Meal on TV?
If McDonald’s accepts Dogecoin, Elon Musk would eat a Happy Meal on television. The visuals of Musk eating a Happy Meal will not last more than 24 hours on television and quickly fade away into more important news.
However, the visuals will be alive, kicking, and thriving on social media, making it remain relevant for months altogether. An unending supply of memes on the subject will make the rounds on Twitter, thus making Dogecoin’s popularity grow further.
Guess who are the most active generation on social media? It’s the Millennials. Guess who invests and believes that cryptocurrencies can deliver life-changing gains? It’s the Millennials and the younger generations, primarily.
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Therefore, Musk eating a McDonald’s Happy Meal on television will only attract many more new investors into the Dogecoin fold. The younger generation gets swayed by social media and jumps on the ‘trending’ bandwagon at the snap of a finger.
Musk eating a Happy Meal could bring in another new batch of investors into the markets similar how millions purchased DOGE after he announced that he invested in it in early 2021. Dogecoin’s price could skyrocket with the visuals and might repeat its 2021 run.