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McDonald's Pokes Fun at Crypto Investors Amid Market Crash

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Tue, 01/25/2022 - 06:18
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Alex Dovbnya
McDonald’s is stepping up its marketing game by trolling cryptocurrency investors
McDonald's Pokes Fun at Crypto Investors Amid Market Crash
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McDonald’s has playfully mocked cryptocurrency investors, asking how they are doing in a viral tweet that has collected over 88,000 likes in hours.

In such a way, the fast-food giant has capitalized on a popular meme about broke crypto bros having to resort to flipping burgers when the market goes south.  
 
The tongue-in-cheek tweet has attracted the attention of MicroStrategy CEO Michael Saylor, who has posted a picture of himself in a McDonald’s hat. The Bitcoin mogul, whose wealth took a massive hit during a recent crash, says that he’s “doin’ whatever it takes” to acquire even more.     

The same sentiment was expressed by Gemini CEO Tyler Winklevoss, who joked about buying “the Big McDip.”

As reported by U.Today, El Salvador President Nayib Bukele recently posted an image of himself wearing a McDonald’s uniform. The Central American nation lost an estimated $20 million because of Bukele’s poorly-timed Bitcoin buys. The terrible performance, however, didn’t dampen the enthusiasm of the dip-buyer-in-chief.   
 
The official Twitter account of McDonald’s also started interacting with major crypto companies, including the Coinbase exchange, in a rather cringe-worthy manner.

Some cryptocurrency fans were not loving it. Instead of playing along, they urged the fast-food giant to fix its notoriously broken ice-cream machines.

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The cumulative value of cryptocurrencies has now shrunk to $1.6 trillion, which is a big comedown from the peak of over $3.1 trillion.

Bitcoin and Ethereum are both down roughly 50% from their respective peaks that were recorded in November.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.