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Cryptocurrency News Articles
Chimpzee Expands to Solana Network, Unveils Staking Program and NFT Passport Perks
Nov 19, 2024 at 04:06 pm
Standing apart from typical crypto projects, Chimpzee harnesses blockchain and crypto in a unique way. The project channels this innovation toward wildlife protection
Chimpzee has introduced 500 million CHMPZ tokens on the Solana (SOL) network as part of its recent expansion. This move aims to enhance the token's accessibility and utility within the Solana ecosystem.
The project, which distinguishes itself from typical crypto ventures, leverages blockchain and crypto in a unique manner. This innovation is channeled toward wildlife protection and environmental conservation efforts.
Combining passive income opportunities through its native token with eco-conscious initiatives, Chimpzee even dedicates a portion of its revenue directly to environmental causes.
Post Solana Launch, Chimpzee Is Brewing a Few Things
While the Solana launch promises to boost CHMPZ token adoption and value, the team has more up its sleeve.
Bringing its staking program to Solana territory, this earning feature could attract Solana users in droves.
The project already runs a solid system on Ethereum where users can lock up their CHMPZ tokens and NFT Passports for attractive returns - up to 40%.
According to their website details, close to 7.95 billion CHMPZ tokens have been staked by over 807 stakers.
When it comes to NFT passport staking, users can receive up to 20% APY. A total of 460 Passports are staked by over 122 stakers. Bringing this to Solana could convince users to hold their tokens for longer.
Over on Ethereum, NFT Passport holders enjoy numerous perks. Holders can stand to win prizes in special events, like the recently concluded NFT Passport promotion.
The team plans to extend this earning opportunity to Solana users soon. Ahead, Chimpzee's roadmap includes strengthening its eco-friendly mission.
The project maintains strict standards when selecting partner organizations, seeking out groups making a real impact in wildlife conservation and environmental protection.
They prioritize organizations that clearly demonstrate how donations are used and prove their effectiveness.
Additionally, Chimpzee partners exclusively with organizations sharing their vision for environmental sustainability and wildlife conservation.
Solana Expansion and Its Impact on CHMPZ Token
Being present on multiple chains usually expands user reach. The Solana move pushes CHMPZ beyond Ethereum's (ETH) borders. It also makes it accessible to more users, potentially driving increased adoption.
The staking rewards may discourage quick sales. Reduced token circulation could positively impact token value.
When Solana NFTs launch, users will gain another income stream. This may potentially boost participation in the Solana ecosystem.
Unlike typical meme coins riding purely on hype, Chimpzee builds real utility. This practical value could attract serious investors and trigger FOMO. Heavy accumulation might make CHMPZ a standout meme coin during the bull run.
While launching on the Solana network, they simultaneously burned a total of 535,700,000 tokens.
As per their recent announcement, the price of NFT Passports has also increased. According to the latest update, the price of Diamond NFT is 2 ETH, Gold NFT is 1 ETH, Silver NFT is 0.5 ETH, and Bronze NFT is 0.25 ETH.
Additionally, they recently contributed funds to the Nyaru Menteng Orangutan Rescue Center. This donation will help provide orangutan food and enrichment.
How to Get Your Hands on CHMPZ
On the Solana chain, CHMPZ tokens are available for trade on p2pb2b, Bitmart, MEXC and Raydium.
Alternatively, you can visit their website and click “Buy CHMPZ” to find various trading options for the token. The current price of the token is $0.0000261 and could likely increase in the future.
The project combines environmental impact with solid tokenomics, creating an appealing investment case.
By expanding to Solana while maintaining its core mission, Chimpzee demonstrates its commitment to both growth and sustainability.
The carefully planned roadmap suggests a thoughtful approach to development. From staking opportunities to NFT utilities, each feature aims to add value while supporting the project's environmental goals.
This balanced strategy could help Chimpzee stand out in the crowded crypto market. Ensure to follow their social media channels to keep track of what they're working on next.
JOIN CHIMPZEE (CHMPZ) COMMUNITY NOW Website | Twitter | Telegram
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