El Salvador Marks Three Years of Bitcoin Adoption, Gains $31M in Profit #Profitfirst

Three years after becoming the first nation to adopt Bitcoin as legal tender,  El Salvador has recorded a profit of over $31 million from its Bitcoin investments, despite initial global skepticism.
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On September 7, 2021, El Salvador made history by officially embracing Bitcoin as legal tender.

This unprecedented move aimed to boost financial inclusion, streamline remittance payments, and position the country as a hub for financial innovation.
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President Nayib Bukele’s bold decision has since placed El Salvador at the forefront of the digital currency revolution, earning it recognition as a pioneer in the space.


According to Alex Momot, founder and CEO of the  crypto trading platform Peanut Trade, “El Salvador’s Bitcoin experiment can be viewed as a success. While it’s premature to label all aspects as successful, the country has clearly derived some notable advantages.”

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Recently, PEPE, a frog-themed meme coin, hit a new all-time high at $0.00001725, rallying 81% over the past seven days on Binance. This surge in value has been accompanied by a significant increase in active addresses and social dominance, indicating growing interest and engagement among the crypto community.

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