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March 30, 2023

‘We Need Doge’ – Burger King Twitter Account Wags the Dog, Sends Dogecoin Flying

By Mehron Rokhy

The UK Twitter account of one of the biggest fast food chains in the world is endorsing a popular dog-themed meme asset, helping inspire a rally.

In response to the news that Burger King Paris is accepting Bitcoin (BTC), the Burger King UK Twitter account says “We Need Doge,” presumably referring to Dogecoin (DOGE) as a payment option.

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News of the tweet helped send DOGE skyward as the meme token went from its seven-day low of $0.0723 to a peak of $0.0768, a 6.2% increase. Dogecoin has since retraced and is moving for $0.0749 at time of writing.

Earlier this week, Burger King announced that its Paris locations would be accepting digital assets in collaboration with Instpower, Alchemy Pay (ACH) and Binance, the world’s largest crypto exchange platform by volume.

“At restaurants in Paris, the global fast-food chain Burger King has installed the popular Instpower power bank rental machines that accept crypto payments facilitated by crypto payment providers, Alchemy Pay and Binance Pay.

Instpower is a world-leading power bank-charging service and has teamed up with Binance Pay and Alchemy Pay to let its users pay with cryptocurrency for power bank devices at more than 14,000 locations worldwide.

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Burger King in Paris marks the latest big step forward for the firm and for the acceptance of cryptocurrency for real-world goods and services.”

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Featured Image: Shutterstock/Kseniya Resphoto