The Dogecoin (CRYPTO: DOGE) community is ecstatic after Burger King Brazil said it is now accepting the meme cryptocurrency as a payment method for the purchase of Dogpper, a dog snack it recently introduced.
What Happened: The Burger King franchise in Brazil said it will accept Dogecoin for the purchase of Dogpper at select locations. Dogpper is a play on the restaurant chain’s signature hamburger — the Whopper.
A dogpper costs three dogecoins and users can transfer the meme coins to a Burger King Brazil wallet. The “Burger King” brand is owned by Restaurant Brands International Inc. (NYSE:QSR).
See also: Is Dogecoin a Good Investment?
Burger King Brazil then took to Twitter to ask Dogecoin co-creator Billy Markus if he would replace his cap with the restaurant chain’s crown, to which Markus replied by saying it calls for a “subtle hat change.”
This calls for a subtle hat change ~ https://t.co/Ytviu943KS
— Shibetoshi Nakamoto (@BillyM2k) July 27, 2021
A Twitter user queried whether dogs were harmed in the making of Dogpper.
— greg but safemoon (@gregbutsafemoon) July 28, 2021
Why It Matters: Dogecoin’s acceptance as a payment option by companies has gained momentum this year. A growing list of retailers including convenience store chain Sheetz Inc. and e-tailer Newegg Commerce Inc. (NASDAQ:NEGG) accept payments using digital currencies, including Dogecoin.
Price Action: Restaurant Brands shares closed 0.7% lower in Tuesday’s regular trading session at $64.92, but rose 0.6% in the after-hours session to $65.31.
Dogecoin is up 4.4% during the past 24 hours, trading at $0.2065 at press time.
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