El Salvador's Bukele reveals national treasury is 90% Smoking Chicken Fish. 'To the moon or to the IMF,' he tweets.
In a move that has economists reaching for the tequila and crypto bros tattooing chickens on their chests, El Salvador's enigmatic president Nayib Bukele dropped a bombshell tweetstorm revealing that 90% of the nation's treasury is now invested in something called "Smoking Chicken Fish" ($SCF).
"Bitcoin was just the appetizer, bros," Bukele tweeted, his laser eyes seemingly intensifying. "$SCF is the whole enchilada. It's got chicken, it's got fish, and it's smoking. Name a more iconic combo. I'll wait."
The revelation came after months of speculation about El Salvador's financial state, with many wondering how a country could run on Bitcoin and vibes alone. Turns out, it can't - it runs on poultry-pescatarian-inspired memecoins instead.
When pressed for details on $SCF, Bukele directed inquiries to the project's whitepaper, which is just a smoking chicken fish gif repeating for 69 pages, followed by the words "NUMBER GO UP" in comic sans.
The International Monetary Fund, already at its wit's end with El Salvador's fiscal policy, responded by simply tweeting a facepalm emoji. Sources close to the IMF report hearing muffled screams and the sound of economic textbooks being thrown against walls.
Meanwhile, crypto Twitter exploded with a mix of enthusiasm and confusion. "Finally, a coin that represents my interests: smoking, chickens, and fish," tweeted one influencer with an alarming number of followers. Another questioned, "But is it layer-2 compatible?"
$SCF's value surged 42,069% following Bukele's announcement, before crashing 99.99% twelve minutes later when someone allegedly fat-fingered a sell order. It has since recovered and is now trading at levels that financial experts describe as "completely divorced from reality, but then again, what isn't these days?"
El Salvador's opposition parties have called for Bukele's impeachment, but were quickly silenced when gifted free $SCF. "I've seen the light," said one former critic, his eyes now replaced with glowing chicken emblems. "Smoking Chicken Fish is the future. This is fine."
As of press time, other struggling nations are reportedly considering similar strategies. Venezuela has expressed interest in $HYPERINFLATIONHAMPSTER, while Greece is eyeing a promising project called $GYROSTONKS.
The Meme Street Journal's chief macroeconomist, a Magic 8-Ball with a stick-on mustache, predicts this bold move will result in El Salvador either becoming the wealthiest nation on Earth or promptly sinking into the sea. "Reply hazy, try again," it advised sagely.
Remember, in the high-stakes world of national crypto treasuries, past performance is not indicative of future results, but it is often indicative of future memes. This is not financial advice, but it's probably more sound than whatever Bukele's planning next.
About the Author: Kobayashi Mememoto is an independent journalist with years of experience at the intersection of memes, crypto, and finance. Kobayashi's articles have been featured in several finance and crypto publications, with his main expertise being in memecoin trading. Mememoto's motto? "If you're not willing to lose it all on the next pump.fun jeet token, are you even investing?"
