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Benzinga
Benzinga
Business
Madhukumar Warrier

Elon Musk-McDonald's Exchange Over Dogecoin Sparks Creation Of New Cryptocurrency — And It's Up Over 50000% Within Hours

Elon Musk Dogecoin McDonald Tesla Inc. NYSE

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Tuesday requested 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 responded, in wit, that it would comply with the request if Tesla similarly began accepting a made-up coin called “Grimace Coin.”

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