HomeCrypto NewsMarketAs Bitcoin Sinks El Salvador President Nayib Buleke Comes Up In McDonald Outfit

As Bitcoin Sinks El Salvador President Nayib Buleke Comes Up In McDonald Outfit

Date:

Written By:

Follow TheCryptoBasic

Bitcoin’s drop in recent days has hit the market hard, making the president of El Salvador post a photo wearing a McDonald’s uniform.



Bitcoin slumps to $34,000 in 2022, in a move that scared many investors. In a substantial correction, the new year made BTC lose 24% against the Dollar.

- Advertisement -

El Salvador’s President Nayib Bukele Posts Photo Wearing McDonald’s Livery Amid Bitcoin Crash also making it a new profile image.

 

 

El Salvador made Bitcoin a legal tender in 2021, in addition, the president announced several Bitcoin purchases, the latest of which was over 410 BTC last Friday. The country’s bet on digital currency is the largest globally among any government, although this action is identified as high risk. In recent days, Moody’s has increased the country’s risk level, but the president said he doesn’t care.

With the President of El Salvador in the uniform of the famous fast-food chain, he said that he is simply joying with the Bitcoin community.

It’s worth remembering that these McDonald’s uniform memes are considered a joke in the Bitcoin community; when BTC price falls, this meme comes as a gag to prepare for a Mcdonald’s job.

As many who follow Bitcoin know that market corrections are normal and that sometimes they are strong and with brutal fast falls, the BTC “Hodlers” take the opportunity to joke that they will have to work frying hamburgers as the currency goes through a challenging moment.

In 2021, when Bitcoin underwent a sharp market correction, even billionaire Michael Saylor put on a meme uniform. His company has more than 100 thousand Bitcoins; he could have a significant loss if the market went lower than his firm average buying price.

Dogecoin creator welcomes Elsalvador president to the Mcdonald’s family: “Welcome to the McDonald’s family, sir.”

Michael Saylor, CEO of MicroStrategy liked the idea of El Salvador president and changed his Twitter profile image wearing the cap of Tahinis Restaurants saying he might apply for the night shift.

 

 

 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

More from Author

Latest Stories

Cardano Price Forecast for Feb 6: Here’s Key Level to Reclaim as ADA Falls Below Fib Extension

Cardano faces a critical resistance level at an important Fibonacci extension, as an expert analyst mentions crucial support areas. Cardano (ADA) is experiencing a sharp...

Dogecoin Price Prediction for Feb 6: Where Next as DOGE Reverses at Lower Bollinger Band Support?

Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels. Dogecoin (DOGE) has been on...

Bitcoin Sees Second-Largest Capitulation Spike in Two Years as Price Dips to $66K

Bitcoin is showing clear signs of market stress, as Glassnode data confirms one of the largest capitulation events in the past two years.  The spike...

Bitcoin Prediction for Feb 5: BTC Faces Resistance at Supertrend Level as Analyst Eyes Next Target at $57,600

Bitcoin faces resistance at the Supertrend level, with analysts suggesting a potential decline toward the 200-week SMA. Bitcoin (BTC) continues to show volatility, experiencing a...
Image Owned By The Crypto Basic. Logo Displayed In The Image Are Owned By Respective Crypto Project

Ethereum Price Outlook for Feb 5: Here’s Main Barrier for ETH as Active Addresses Hit ATH

Ethereum faces resistance near key levels, but the surge in active addresses signals growing network engagement and potential for recovery. Ethereum (ETH) is experiencing further...
Ethereum

Ethereum Price Outlook for Feb 4: ETH Struggles at Support Zones but Long Traders Remain Active

Ethereum struggles at key support levels but continues to see strong long positions, suggesting potential for a rebound if resistance is cleared. Ethereum (ETH) is...
XRP

Don’t Sell When XRP Falls, Wait Until XRP Gets $4 to $10: Analyst

XRP is once again testing the patience of long-term holders after a dramatic market-wide sell-off pushed prices deep into the red.  As fear spreads, some...
XRP

Wealth Manager Shorts XRP says If You’re Still Holding XRP, You Should Be Worried

Widely followed crypto trader Wealth Manager (@Wealthmanager on X) has sparked fresh concern in the XRP community by publicly announcing a bearish position on...
Shiba Inu

Never a Better Time to Rack Up Some Shiba Inu: Analyst

Shiba Inu has hit the most important support level in its history, and analysis suggests there is no better time to buy than now. Shiba...
Shiba Inu SHIB

Shiba Inu Price Analysis for Feb 5: Where Next for SHIB as it Tests Lower Bollinger Band Support?

Shiba Inu tests critical lower Bollinger Band support as liquidations rise, with bearish momentum continuing and resistance near the upper band. The Shiba Inu (SHIB)...
Image Owned By The Crypto Basic. Logo Displayed In The Image Are Owned By Respective Crypto Project

Dogecoin Price Prediction for Feb 6: Where Next as DOGE Reverses at Lower Bollinger Band Support?

Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels. Dogecoin (DOGE) has been on...
dogecoin falling

Dogecoin Prediction for Feb 4: Stiff Support at $0.095 While Analyst Eyes Next Resistance at $0.135

Dogecoin is holding critical support, with key resistance levels at higher price zones, while analysts watch for a potential recovery. The Dogecoin (DOGE) market continues...

Guides