Elon Musk hasn’t forgotten his 2022 promise to have a Happy Meal live on TV if McDonald’s Corp. (NYSE:MCD) accepts Dogecoin (CRYPTO: DOGE) payments, but he'd need far more DOGE now because the token's value has dropped considerably since then.
Musk’s Offer Is On
It all started when DogeDesigner—a widely followed X handle that regularly posts about Musk and Dogecoin—dropped an AI video of the Tesla CEO and Shiba Inu dog sharing fries and a Happy Meal inside a McDonald’s restaurant.
DogeDesigner reminded the X audience of Musk's promise, and the world’s richest person acknowledged it with "True."
Happy Meal is a kids’ meal package offered by McDonald’s that contains a main item, a side item and a drink. The restaurant chain didn’t immediately return Benzinga’s request for comment.
DOGE’s Decline Since Musk’s Post
The post got the Dogecoin community hyped with memes and demands for a live stream, but DOGE just hasn't been the same since Musk first made the offer. As shown in the table, the memecoin has plunged 30% in value.
| Cryptocurrency | Price (Recorded on Jan. 25, 2022) | Price (Recorded at 3:00 a.m. ET) | Gains +/- |
|---|---|---|---|
| Dogecoin | $0.143 | $0.09991 | -30.13% |
Musk’s Complicated Views On Crypto
Musk's views on cryptocurrency have been a topic of discussion for a while. He deemed most cryptocurrencies as “scams” last month.
Last year, he compared investing in meme coins to playing in a casino, suggesting that expecting to win in either case is foolish. He also warned against pouring life savings into such assets.
However, he occasionally revitalizes community interest with a casual comment about Dogecoin. In February, he said that his space technology company, SpaceX, will likely put the memecoin "on the moon" next year.
Photo courtesy: Shutterstock.com
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