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Home What’s Buzzing

How Leading Brands Reacted On Recent Dip In Cryptocurrency Prices

Rinie Wilson by Rinie Wilson
May 23, 2021
in What’s Buzzing
A A

In the world of Cryptocurrency, the prices of Bitcoin, Dogecoin and other popular cryptocurrencies like Ether, Matic, and Binance Coin fell sharply on Wednesday, May 19.

This put a lot of pressure and caused an unmanageable trading rush in India. While many people were trying to understand what was happening, there were certain brands who decided to use this in their favor. Some leading brands reacted to the news in their own witty way grabbing all our attention.

Zomato

 

View this post on Instagram

 

A post shared by zomato (@zomato)

Zomato posted a pretty witty post about the dip where it shared a screenshot of a chat with its ‘Crypto friend who won’t shu …”. We know who Zomato is talking about. We all have that one friend.

Too Yumm

 

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A post shared by Too Yumm! (@tooyumm)

Too Yumm‘s comparison between the ‘dip we want’ and the ‘dip we get’ was spot on.

MMTC-PAMP

 

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A post shared by MMTC-PAMP (@mmtcpamp)

MMTC-PAMP is internationally recognized as the industry leader for bringing global standards to India in the precious metals business. The company pin-pointed how investing in gold is never as ‘cryptic’ as investing in cryptocurrency. The risks are just too high.

Grofers

Grofers‘ post on LinkedIn caught everyone’s attention. The brand advertised that it is hiring by highlighting that they are accepting Bitcoins. Hilariously, that was just to get our attention.

Borges India

 

View this post on Instagram

 

A post shared by Borges India (@borges_india)

Borges India compared the dip in cryptocurrency with the many healthy dips they have with them.

 Amul India

 

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A post shared by Amul – The Taste of India (@amul_india)

Amul India pointed out how they are the safest investment as compared to Bitcoin and other cryptocurrencies.

SonyLIV India

 

View this post on Instagram

 

A post shared by SonyLIV (@sonylivindia)

Scam 1992 was all about the dips and highs of the stock market. SonyLIV was quick to make a reference to the recent situation and suggested a binge-watch instead.

Brand Factory

 

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A post shared by Brand Factory (@brandfactoryind)

Brand Factory India informed its customers that they have discounts all year round making their dip in prices more preferable.

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