Does Chipotle have a 'buy the dip' game?

NEWPORT BEACH, Calif., July 25, 2022 / PRNewswire / -- Chipotle Mexican Grill (NYSE: CMG) today announced it is launching a new interactive game called "Buy The Dip" that will give away more than $200,000 in free crypto as well as promo codes for 1-cent guac and 1-cent Queso Blanco through July 31, National Avocado Day*.

What is 'buy the dip'?

“We’re excited to bring positivity to the crypto conversation by empowering fans to ‘Buy The Dip.'” $10,000 in bitcoin, with five winners getting $2,000 per day $5,000 in ethereum per day, with five winners getting $1,000 each per day $1,250 in solana per day, with five winners getting $250 each per day

Does Chipotle offer guacamole & queso blanco dip?

Chipotle is asking customers to buy the dip—the crypto, avocado, and dairy-based varieties. The fast-casual chain kicked off off a week-long promo today in which it’s giving away $200,000 in cryptocurrency and almost $2 million in guacamole and queso blanco dip. The online game, “Buy the Dip,” runs through July 31, aka National Avocado Day.

What does “buy the dip” mean in crypto?

“Buy the dip” is a common phrase in the crypto world, though, and it refers to the idea that crypto’s price movement is cyclical. Every so often, in this ideology, cryptocurrency values go through a “winter” or downturn, and if you buy crypto then, it will be cheap relative to the top of the next cycle.