Why Elon Musk Asked McDonald's To Accept Dogecoin As Payment Method?

Good-Guy

VIP Contributor
Everyone knows who Elon Musk is and what role he has been playing in the cryptocurrency world. Elon Musk has always been interested in cryptocurrency market and it seems like even his mere statements could play a huge role in the cryptocurrency market. I must say that there are a few people in the world who could influence cryptocurrency market and Elon Musk is one of them, despite the fact that he might not be the only person who could have an effect on the cryptocurrency market. Recently, Elon Musk requested the Mc Donald's to accept Dogecoin has a method of payment in their restaurant chain. He claimed that he would be delighted to "have a meal" at their restaurant if they accept his request.

Dogecoin was affected by these statements in a really positive way. The market cap of Dogecoin rose a lot and the value of Dogecoin rose by around 8 percent. As of writing this, the market cap of Dogecoin is in the green zone and trading at around 6 percent in the positive ratio albeit the trading volume of the coin is slightly low. This is not the first time Elon Musk showed interest in the Dogecoin, as Musk has always remains interested in Dogecoin in the past as well. Why do you think Elon Musk is requesting McDonald's to accept Dogecoin?
 
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