Trending
dogecoin

The price of Dogecoin has risen after Elon Musk requested that McDonald’s accept DOGE payments.

After a sharp drop in the last two weeks, Dogecoin is now green. It jumped 10% yesterday and it’s still rising today.

At the time of writing, it was $0.1488; up 9.25% in the last 24 hours according to CoinMarketCap. It has hit a high of $0.1511 and a low of $0.1383 in the last 24 hours.

Now let’s see what the hike is all about.

Elon Musk and McDonald’s Twitter feud that has Dogecoin’s price surge

The Dogecoin price surged after a Twitter feud between McDonald’s and Tesla and Space X CEO Elon Musk. Musk had Tweeted saying that he would eat a happy meal on live TV if the fast-food giant, McDonald’s, accepts Dogecoin (DOGE) as the official payment system.

A few minutes after the tweet, DOGE price hiked 7% from $0.135 to $0.145 and the bullish momentum continues today as the two continue exchanging in the to and forth tweets that have attracted the attention of other crypto bigwigs including the co-founder of Dogecoin.

Read more: Source coinjournal

See also  Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple
X