Chipotle takes ‘buy the dip’ literally with new $200K crypto giveaway by cryptohelpexchange

Chipotle takes ‘buy the dip’ literally with new $200K crypto giveaway by cryptohelpexchange

Through an online game, the food chain will distribute Bitcoin, Ether, Solana, Avalanche, and Dogecoin.

 

Chipotle, a chain of fast-casual restaurants based in the United States, has launched an online game that offers players the chance to win more than $200,000 worth of Cryptocurrency.

 

Chipotle said on Monday that customers may use their rewards accounts to play its "Buy The Dip" game up until July 31.

 

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With the help of the game, the corporation will award $45,000 in Bitcoin (BTC), $10,000 in Ether (ETH), $13,750 in Solana (SOL), $14,250 in Avalanche (AVAX), and $14,250 in Dogecoin (DOGE).

 

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Chris Brandt, chief marketing officer of Chipotle, stated, "We want to interact with the Web3 community to cultivate the next generation of Chipotle fandom."

 

As part of a campaign for National Burrito Day in April 2021, the restaurant chain gave away $100,000 in BTC.

 

 

In June, Chipotle announced that through digital payment service provider Flexa, 98 cryptocurrencies would be accepted as payment at its roughly 3,000 US outlets.

 

As the market developed, other important U.S. fast food chains held comparable Cryptocurrency giveaways.

 

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In November 2021, Burger King and Robinhood collaborated to provide free BTC, ETH, and DOGE with customer purchases. In honour of its 31st anniversary, McDonald's China branch launched a promotion in which guests could win 188 nonfungible tokens, and its American operations subsequently submitted numerous trademark applications indicating an intention to enter the Metaverse.

 

Due to the extreme volatility that the Cryptocurrency Industry as a whole has experienced, many customers have begun purchasing Bitcoin when its price drops.

 

Chipotle said that rather than at the conclusion of the campaign, rewards would be awarded based on the currency rate on the day of the award.

 

Amidst several rumours that a crypto winter had arrived, ProShares, on the other side, recently started offering investment vehicles with exposure to shorting BTC.