El Salvador President Dropped a Picture Wearing McDonald’s Uniform After Purchasing $15 Million In BTC Couple Days Earlier amid a market downturn
El Salvador’s president purchased 410 Bitcoin Amid Market Downturn
El Salvador’s president, Nayib Bukele, revealed on January 22 that his country had purchased 410 Bitcoin amid a market downturn.
El Salvador has over 1,500 Bitcoins on hand and plans to issue a $1 billion 10-year Bitcoin bond this year.
In recent months, Bukele has been a consistent drop buyer, suggesting his confidence in the cryptocurrency’s long-term potential. Bitcoin’s price, on the other hand, is steadily declining, with no signs of recovery in sight.
The price of Bitcoin has now decreased to $35,000, which is less than the $36,500 that El Salvador paid last Friday.
The Latest NFT Joke About Mcdonald’s Employment Applications
Nayib used the hashtag #NewProfilePic to upload a photo of himself wearing a McDonald’s outfit on Saturday.
This image was created in response to the latest NFT joke about Mcdonald’s employment applications.
While crypto traders are counting their losses and waiting for the market to recover, someone has turned Mcdonald’s job applications into an NFT collection and published it on Opensea, proving that everything can be sold as NFT once again.
The collection has already produced a trading volume of 21.8 ETH since it went live yesterday.
Some cryptocurrency traders believe the current bitcoin price decline is an attempt to destabilize El Salvador’s economy and deter other countries from legalizing the cryptocurrency.
