The recent market correction that saw BTC below $40,000 also gave rise to the McDonald’s meme trend, various crypto investors have hopped on the trend. Elon Musk, the CEO of Tesla, is the most recent to get engaged.
In less than a week, the value of Bitcoin and the rest of the crypto world plummeted. At one point, the market cap had dropped by more than $500 billion in just five days.
During such significant price drops in such a short period of time, the crypto community seeks solace in memes. One of the most popular themes is making jokes about starting employment at McDonald’s.
While this has been going on for years, the newest correction prompted a number of reactions from the fast-food giant, including a question that sparked a number of conversations and memes.
While Binance answered the inquiry with a photo of a crying face disguised behind a smiling mask, McDonald’s consoled the world’s largest crypto exchange with a “wagmi,” which stands for “we’re going to make it.”
McDonald’s, like many others, recognized the growing advancements within the Crypto Twitter community by following prominent members of the community such as Cardano founder Charles Hoskinson and Altcoin Daily.
Elon Musk eventually joined the chat. If the fast-food business started accepting Dogecoin payments, the billionaire offered to enjoy a happy meal on TV.
I will eat a happy meal on tv if @McDonalds accepts Dogecoin
— Elon Musk (@elonmusk) January 25, 2022
Like prior Musk interactions, this one resulted in a significant boost in the memecoin’s price. DOGE soared from $0.135 to above $0.15 before swiftly retreating.
