Oscar Mayer auctions one-off pack of ‘Scorching DOGE’ Wieners

0
51



American manufactured meat firm Oscar Mayer is auctioning off a one-of-one pack of “Scorching Doge Wieners” on Ebay.

The restricted version pack of Dogecoin themed wieners consists of 10 sausages and an image of the beloved Shiba Inu canine on the packaging, together with the “money equal” of 10,000 Dogecoin (DOGE).

The public sale is ready to shut on Aug. 7 nevertheless the itemizing has been quickly taken down with the agency noting on Twitter as we speak that “you guys actually took this to the moon. The hyperlink is down however can be up quickly!”

In the course of the preliminary hours of bidding, Redditors within the r/dogecoin group noticed a bid of $3050 in the course of the public sale. Which may appear to be quite a bit contemplating the “collectors merchandise” has a most shelf lifetime of three months (if saved in a freezer) — and the winner wants to permit “3-5 weeks for supply”. Nevertheless the money worth of 10K DOGE is simply over $2000, in order that’s solely $1050 for the prospect to personal some perishable sizzling “doges”.

The public sale is a part of Ebay’s Auctions for Charity, and the entire proceeds from the sale will go to the meals financial institution and starvation aid group Feeding America. Oscar Mayer’s profile image on Twitter at present comprises an image of Doge sporting Oscar Mayer shades.

Oscar Mayer’s charity efforts and DOGE-themed advertising marketing campaign come at a time when the primary memecoin is struggling to get better from the crypto downturn which started again in Could. DOGE hit an all time excessive of $0.73 on Could 8 and has since declined by greater than 70% to round 20 cents in line with knowledge from CoinGecko.

Whereas the worth of DOGE has struggled of late, one other memecoin backed by a Reddit group has taken the lead on value. The worth r/CryptoCurrency Moons (MOON) cash has elevated by 112% over the previous week, going from $0.16 on July 29 to $0.34 as of as we speak.

Whereas it is value greater than DOGE technically, it’s going to take a monumental shift to formally usurp the throne from DOGE, as MOON had a 24-hour buying and selling quantity of $79,000 in comparison with $931 million for Dogecoin.

Associated: Model govt posts discounted Utah dwelling itemizing for Dogecoin

Oscar Mayer joins a protracted record of standard manufacturers which have jumped on Dogecoin promotional bandwagon. Cointelegraph reported on July 20 that male grooming product producer Axe launched a restricted run of physique spray cans dubbed “Dogecan”.

Different companies to affix in on the enjoyable embody Slim Jims, Snickers and Milky Method, all of which celebrated Doge Day on April 20.