Crypto'Bottom signal' — Crypto community reacts to McDonald's 'Fries'...

‘Bottom signal’ — Crypto community reacts to McDonald’s ‘Fries’ tweet

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Key Takeaways

  • McDonald’s posted a tweet that’s getting a big response from the crypto community.
  • Some crypto investors see McDonald’s post as a sign that the market has hit its lowest point.

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McDonald’s just dropped a tweet, and the crypto world is losing it.

The fast-food giant on Thursday posted a tweet that read, “jUsT pUt My FrIeS iN tHe BaG bRo,” and it quickly went viral, drawing numerous reactions from the crypto community, despite not mentioning or directly linking to crypto.

Many members of the community interpreted the tweet as a veiled commentary on the state of the crypto market. The post led some to believe McDonald’s was mocking the recent crypto market downturn, like it did in January 2022 when Bitcoin dropped below $33,000.

Since last weekend, Bitcoin has been under pressure, driven by renewed inflation concerns about President Trump’s tariff plans. Even with confirmed tariff relief for Canadian and Mexican imports, the ongoing trade dispute between the US and China is creating fresh uncertainty in the market.

Bitcoin’s price briefly fell below $96,000 in early trading on Thursday before rebounding to approximately $97,000, per CoinGecko. Most altcoins are still struggling to recover from their earlier losses.

Amid the overall market downturn, crypto investors on X have revived a popular meme about “broke crypto bros” having to work at McDonald’s when the market declines. This may explain why McDonald’s recent tweet kicked off a buzz in the crypto community.

Responding to McDonald’s tweet, Kraken Exchange posted the “broke crypto bro” meme, while OKX tweeted diamond fries.

HTX Global shared a photo of Bitcoin bull Michael Saylor wearing the iconic McDonald’s hat and serving McDonald’s fries.

Crypto research and data analytics firm Messari joined in on the fun with charts showing the poor performance of the crypto market and McDonald’s Grimace.

Some crypto investors humorously called McDonald’s post a “bottom signal.” In the past, McDonald’s social media activity coincided with market downturns and subsequent recoveries.

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