The much-awaited debut listing of the wildlife meme coin Chimpzee ($CHMPZ) will take place on January 11th. The token launch will be held on the P2B centralized exchange, with a subsequent listing on Bitmart and more that have yet to be announced.
Chimpzee successfully concluded its $2.7 million presale a few days back. The project has been slashing the token supply with each new presale milestone. An extra 2 billion tokens will be burnt during the ongoing 30-day vesting period in appreciation of the early investment community.
Chimpzee is going bananas during the vesting period and wants to help reward you for waiting through it! We will burn an extra 2 Billion tokens before it lists on P2B and drop the total supply to 25 Billion!🔥🤩
This will give Chimpzee a marketcap at launch of under 50… pic.twitter.com/ljYkqkDPl2
— Official Chimpzee Project (@RealChimpzee) December 21, 2023
The Latest Meme Coin Sensation Awaits a Strong Price Action
Chimpzee’s journey to becoming a crypto sensation didn’t take long after the presale launch. It rapidly captured the attention of both crypto whales and retail investors. Toward the end of the presale, the token was hailed as one of the potential top performers of 2024.
Interestingly, the project has been employing its deflationary tokenomics since the beginning of the presale. The strategy involves implementing several token burn schedules with new presale milestones, as part of bringing controlled scarcity into the picture.
The primary objective behind the token burns is the gradual reduction in the overall token supply. The burn schedule continues even after the presale. Chimpzee plans to slash the total supply to 25 billion tokens and establish an initial market cap below 50 million by the token launch.
Why?
Because a lower initial market cap can lead to greater potential ROI for early backers. The burn schedule allows them to take advantage of the upcoming launch and price appreciation of the token with the best possible returns.
- The first 1 billion tokens are slated for burning on the 15th day of the vesting period.
- Another 1 billion is scheduled to be burnt at its conclusion.
A bigger burn event is also on the horizon, set to go off as $CHMPZ makes its way toward popular crypto exchanges.
A New Niche in the Meme Coin Market
Although the crypto market spans wide, it lacks depth and diversity. The market is dominated by myriads of strikingly similar meme coins, play-to-earn tokens, and DeFi projects.
Chimpzee stands apart, with an unparalleled initiative to offer attractive passive income to participants while channeling funds toward various global environmental causes. There have been a handful of wildlife tokens in the past, but most of them remain in obscurity.
But the presale triumph of $CHMPZ shows that this won’t be the case for long.
The innovative new wildlife token leverages the meme coin persona to illuminate its underlying goal – saving wildlife through crypto incentivization.
The unique combination of meme coin dynamics with a larger, socially impactful goal, has high global market relevance. With this rare approach, the token overcomes the transient nature of meme coins that often render them useless after a few weeks of the initial momentum. Their ephemeral popularity with the potential to generate double or even triple-digit ROI is attractive and repulsive at the same time.
Meme coin investors who don’t pay attention to small market movements can incur substantial losses within a short time frame.
But Chimpzee plans to be an exception. It uses its meme coin identity solely as a strategic catalyst, nurturing engagement around its comprehensive ecosystem.
Three Sturdy Pillars of Passive Income
Chimpzee is built on three sturdy pillars: shop-to-earn, trade-to-earn, and play-to-earn. Each of these platforms is designed to build and maintain demand for $CHMPZ tokens.
- The shop-to-earn platform: A hub for branded merchandise that flaunts environmental slogans. The platform incentivizes purchases with $CHMPZ rewards.
- The trade-to-earn platform: A profit-sharing model underpins the marketplace that caters to active NFT traders. It shines light on NFTs centered around environmental causes.
- The play-to-earn platform: Zero Tolerance Game is not just a fun source of passive income. It also acts as an educational tool promoting climate action.
All rewards are distributed in $CHMPZ, the ecosystem’s primary payment token. It can be used to make purchases in the ecosystem, including the coveted Chimpzee NFT Passports. In addition to providing collectible value, they grant holders attractive perks and privileges in the ecosystem.
How High Can $CHMPZ Go?
The massive reception of the $CHMPZ presale goes on to show that the market has room for creativity. As a pioneering wildlife meme coin, Chimpzee carves out a new niche that has the potential to make its way to the ‘Top 3 Meme Coins’ chart, only behind Dogecoin and Shiba Inu.
The project’s steadfast commitment to wildlife conservation is evident in the multiple donations made to various wildlife organizations during the presale phase.
The short-term and long-term projections of the token look good.
Investors can grab the token on P2B at low entry points within the first few hours of going live.
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