New Delhi, July 4 -- The US Independence Day, also known as Fourth of July, is here! Americans are gearing up to celebrate the occasion with fireworks, family getaways, parties, parades and the highly popular Nathan's Famous Hot Dog Eating Contest. Coney Island, New York, will play host to the event.

Some of the world's famous competitive eaters are participating in the challenge, which requires contestants to eat as many hot dogs as possible in a specified time period.

Joey Chestnut, a 16-time champion, is back in the July 4 extravaganza after not taking part in it last year due to a major dispute over his conflicting sponsorship with Impossible Foods. CBS News reports that Chestnut was banned from the tournament last year.

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