In an online auction, Oscar Mayer is selling a one-of-one pack of “Hot Doge Wieners,” which has already received bids totalling $3,050.
An auction for a one-of-a-kind pack of “Hot Doge Wieners” is being held on Ebay by the American manufactured meat company Oscar Mayer.
In addition to the “cash equivalent” of 10,000 Dogecoin, the limited edition pack of Dogecoin themed wieners includes a picture of the beloved Shiba Inu dog on the packaging, as well as 10 sausages (DOGE).
The auction is scheduled to conclude on August 7; however, the listing has been temporarily removed, with the firm noting on Twitter today that “you guys really took this to the moon. Unfortunately, the link is currently unavailable, but it will be available shortly!”
When the auction began, Redditors in the r/dogecoin community noticed a bid of $3050 being placed during the first few hours of bidding.
Given that the “collectors item” has a maximum shelf life of three months (if stored in a freezer) and that the winner must allow “3-5 weeks for delivery,” that might seem like a lot of money.
Although 10K DOGE is worth slightly more than $2000 in cash, it is only worth $1050 in exchange for the opportunity to own some perishable hot dogs.
You guys really took this to the moonthe link is down but will be up soon!— Oscar Mayer (@oscarmayer) August 4, 2021
Auctions for Charity is a program run by Ebay, and all proceeds from the sale will go to Feeding America, a food bank and hunger relief organization that helps people in need around the world.
Oscar Mayer’s Twitter profile picture currently features a picture of Doge wearing sunglasses from the Oscar Mayer collection.
At a time when the number one memecoin is struggling to recover from the crypto downturn that began in May, Oscar Mayer’s charitable efforts and DOGE-themed marketing campaign are timely.
On May 8, the cryptocurrency DOGE reached an all-time high of $0.73, and has since fallen by more than 70%, to approximately 20 cents, according to data from CoinGecko.
While the price of DOGE has been fluctuating recently, another memecoin backed by a Reddit community has risen to the top of the cryptocurrency market. The price of r/CryptoCurrency Moons (MOON) coins has risen by 112 percent in the last week, rising from $0.16 on July 29 to $0.34 as of today, according to CoinMarketCap.
While MOON is technically worth more than DOGE, it will take a significant shift in the cryptocurrency market to officially usurp DOGE’s throne. For example, MOON had a 24-hour trading volume of $79,000, whereas Dogecoin had a trading volume of $931 million.
Oscar Mayer has joined a growing number of well-known companies that have jumped on the Dogecoin promotional bandwagon.
Earlier this month, Cointelegraph reported that male grooming product manufacturer Axe had released a limited run of body spray cans dubbed “Dogecan” as part of its “Dogecan” campaign.
Among the other companies that participated in the festivities were Slim Jims, Snickers, and Milky Way, all of which celebrated Doge Day on April 20.