Fading power? Weak DOGE spike after Elon Musk makes McDonald's offer

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Fading power? Weak DOGE spike after Elon Musk makes McDonald's offer
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McDonald’s has returned serve to Elon Musk in an exchange of Twitter memes, saying it will accept Dogecoin if Tesla accepts 'Grimacecoin.' Five minutes later of course, someone created Grimace Coin on BSC.

Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin as an official payment method.on Tuesday morning. In the minutes following Musk’s tweet, the price of DOGE immediately jumped 7% from $0.135 to $0.145 where it remains at the time of writing

Previous tweets from Musk have seen markets move far more substantially, with a recent announcement about using it for Tesla merchandise payments causing . The current downturn may have something to do with it, but the smaller spike suggests Musk's power to move markets is beginning to fade.

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