Dogecoin (CRYPTO: DOGE) co-founder Billy Markus replied to a tweet from El Salvador President Nayib Bukele on Saturday, which showed the president wearing a McDonald’s Corp (NYSE:MCD)Â uniform. The image is part of a long-running joke about getting a job at the fast-food chain during crypto market downturns.
What Happened: The image posted by Bukele was in reference to the gut-wrenching drop in the price of Bitcoin (CRYPTO: BTC). The apex cryptocurrency has plummeted from an all-time of $68,789.63 on Nov. 10, 2021, to $35,885.05 on Sunday evening.
welcome to the McDonald’s family sir
— Shibetoshi Nakamoto (@BillyM2k) January 23, 2022
Last Friday, Bukele tweeted that the country bought an additional 410 Bitcoins for $15 million, the nation now holds over 1,500 BTC. Although, Bitcoin has continued to drop since that purchase.
Nope, I was wrong, didn’t miss it.
El Salvador just bought 410 #bitcoin for only 15 million dollars
Some guys are selling really cheap https://t.co/vEUEzp5UdU
— Nayib Bukele � (@nayibbukele) January 21, 2022
El Salvador is the first country to adopt Bitcoin as legal tender, alongside the U.S. dollar, on Sep. 7, 2021.
Meanwhile, one of Bukele’s Twitter followers said that if the price of the apex cryptocurrency continues to fall, the president may not be the only high-profile BTC bull considering a job at McDonald’s.
If the dip keeps dipping…
At least we will have some familiar faces at work #Bitcoin @jack @elonmusk @BarrySilbert @saylor
Image by @AltcoinGordon pic.twitter.com/RCFRiVhtHC
— TotemFi (@TotemFi) January 22, 2022
The sentiment of crypto investors remains sharply negative, as the overall market cap for digital currencies has dropped to $1.6 trillion. The anxiety of investors is reflected in the current fear & greed index reading.
Bitcoin Fear and Greed Index is 11 — Extreme Fear
Current price: $35,370 pic.twitter.com/Y3VdNqx9Eo— Bitcoin Fear and Greed Index (@BitcoinFear) January 23, 2022
Now Read:Â How Far Will Bitcoin Fall? Crypto Analyst Benjamin Cowen Identifies The Bottom
