Exchanges are giving away over $10 million to celebrate Bitcoin Pizza Day today

Fifteen years aft a programmer traded 10,000 BTC for 2 pizzas, the crypto assemblage marked Bitcoin Pizza Day with record-breaking celebrations.

In 2010, Laszlo Hanyecz paid astir $41 for a brace of Papa John’s pies successful what became the archetypal known real-world Bitcoin transaction. Today, those coins would beryllium worth $1.11 billion astatine Bitcoin’s caller all-time precocious of $111,000, recorded during the Asian session.

“It was breathtaking to get existent pizza for bitcoin backmost then,” Hanyecz told 1 outlet, adding that he’s beauteous stoic astir the $1 cardinal valuation.

Global giveaway celebrations

The day has drawn a worldwide response, blending nostalgia with billion-dollar bravado.

Binance led the firm complaint with a $5 cardinal Bitcoin referral pool, capping payouts astatine $40 per brace to motion astatine the archetypal pizza deal.

“From 2 pizzas to a planetary fiscal movement… we’re marking Bitcoin Pizza Day with the biggest BTC referral giveaway successful past – $5 cardinal worth,” said Binance CMO Rachel Conlan. The speech besides rolled retired pizza trucks and hosted parties crossed 26 cities.

Competitors weren’t acold behind. BTSE launched a $5.22 cardinal USDT trading contest, echoing the day with a 5.22% BTC staking output and a pizza-themed photograph competition. HTX offered “Surprise Gifts” worthy $200,000 successful a two-week run backed by 7 TRON partners, portion MEXC’s “Lucky Wheel” spun for implicit $100,000 successful BTC and tokens.

Events from Buenos Aires to Dubai see DIY streams, community-led meet-ups, and branded giveaways, coordinated done the caller Pizza Day hub.

The organization question flowing into Bitcoin present collides with grassroots celebration, turning what began arsenic a meme into a selling supercycle.

Some observers question whether Pizza Day’s wide giveaways pull existent users oregon simply pad sign-up stats. But the billion-dollar luncheon endures arsenic impervious that each meme successful this marketplace mightiness conscionable crook to money.

The station Exchanges are giving distant implicit $10 cardinal to observe Bitcoin Pizza Day today appeared archetypal connected CryptoSlate.