bitcoin price pump planned to celebrate El Salvador adopting crypto as currency

 Bitcoin will officially become legal currency in El Salvador on 7 September, 2021 (AFP via Getty Images)

A massive bitcoin price pump has been proposed by leading industry figures to celebrate El Salvador officially adopting the cryptocurrency as legal tender on 7 September.

Popular crypto forums on Reddit, as well as prominent Twitter accounts, have called on people to buy $30 of bitcoin to coincide with the Bitcoin Law coming into effect, which will see every citizen in El Salvador offered $30 in bitcoin through a specialised wallet app.

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