The team behind memcoin BPizza quickly changed the sales tax to 100% in one day on May 22, which meant: investors would not be able to sell it.
EthPizza simply disabled the sale and transfer of the token shortly after reaching a market capitalization of $38,000.
The BTCPizza token was still trading on May 24 with a market capitalization of nearly $200,000. The price of the token is down 16% from its high of May 23.
On May 22, 2010, Florida programmer Laszlo Hanyecz became the first bitcoin holder to risk using the cryptocurrency to buy a real item: two pizzas at Papa John’s.
Enthusiast paid for the purchase of 10,000 BTC, which then equaled $40. After 13 years, the value of these BTCs reaches $268 million.
PEPE meme token became popular in early May.
However, the rate of this “HYIP meme-coin” collapsed by 47% a few days after the token rate increased by 45% and its capitalization exceeded $1 billion.
The owners of another meme token, Milady got rich by $20 million after Ilon Musk s tweet;
The Romanian crypto-enthusiast and investor celebrated the 13th anniversary of Bitcoin Pizza Day in an unusual way – he bought ten thousand pizzas for 1.01 BTC (approximately $27400).