invezz.com
Oscar Mayer, a leading meat processing company in the US, is auctioning a one-off pack of Hot DOGE wieners. The firm unveiled this news through a tweet on August 4, noting that the pack comprises 10 sausages and has a Dogecoin (DOGE/USD) theme. Reportedly, the pack also comes with the cash equivalent of 10,000 DOGE, and interested consumers can bid for it on eBay. Oscar Mayer’s tweet read,
💎BEHODL💎 This limited-edition pack of Hot Doge Wieners that comes with the cash value of 🚀 10,000 Dogecoins 🚀 There’s only one pack in existence… and it can be yours 🤑 Bid it for a chance to get it at https://t.co/ZrrUxfjPPs pic.twitter.com/FHWGhpGthF
— Oscar Mayer (@oscarmayer) August 4, 2021
The auction started yesterday and is set to run until August 7. However, the company has temporarily suspended the auction. According to Oscar Mayer, crypto adopters made overwhelming bids in such a short time. To this end, the company decided to take down the link temporarily. Oscar Mayer added that the link will be back up soon but did not specify when.
A Charitable Mission
Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.
Reportedly, Redditors in the r/dogecoin community tracked the pack’s auction closely and discovered a $3,050.00 (£2,191.17) bid right before Oscar Mayer took the service down. With DOGE trading at $0.1984 ($0.14), at the time of writing, the 10,000 DOGE is worth $1,984.00 (£1,425.51). This means that the 10 sausages are going for approximately $1,066 (£765.83) when referenced against the highest bid.
Apart from the ridiculous amount that people are willing to pay for the Hot DOGE wieners, it is worth noting that it will take three to five weeks for Oscar Mayer to deliver the package to the winner. Adding salt to the wound, unlike other collectibles, the Hot DOGE wieners only have a shelf life of three months when frozen.
Under ordinary circumstances, it does not make sense for anyone to bid that much for 10 sausages. However, this offer is part of eBay’s Auctions for Charity. As such, all the proceeds obtained from this sale will go toward funding Feeding America, a food bank and hunger relief non-profit organization.
With the Hot DOGE Wieners auction, Oscar Mayer joins the growing list of companies that support DOGE. Previously, Axe, a brand of male grooming products, announced that it would launch a DOGE-themed spray if the coin hit $1. While DOGE did not hit this milestone, Axe went ahead and created Axe Dogecan and started giving out a limited number of the spay can, which allegedly feature a 48-hour crypto scent.