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Why Is Chimpzee the Meme Coin to Watch This Summer?

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Chimpzee (CHMPZ) uses blockchain to ensure that the planet is preserved while also providing passive income for its users. 

Investors who are keen on making a positive impact in the environment or interested in passive income opportunities have seen the CHMPZ meme coin as a token to buy and watch closely.

In the following paragraphs, we will discuss why Chimpzee is one of the major tokens to watch closely in the coming months.

Launch On Solana

The project offerings are about to get even better with the proposed launch on the Solana ecosystem later this year. Chimpzee aims to leverage the speed and low fees of the SOL blockchain to improve scalability and on-chain efficiency. Being multichain, operating on both the Ethereum and Solana networks, gives it an edge over many meme coins.

Solana meme coins have outperformed those from other networks in the past few months. 

Tokens like dogwifhat (WIF), Book of Memes (BOME), and BONK have had long rallies recently. Thus, Chimpzee’s upcoming launch on Solana will open it up to this opportunity and even more, as its environmental-focused initiative makes it stand out as a project that provides real-life value.

The launch on Solana will immediately be followed by a major decentralized exchange listing on the blockchain. This will no doubt open up CHMPZ to higher trading volume and more liquidity, potentially spiking the price

Staking And Passive Income Opportunities

Staking incentivizes holders of a token and could reduce the rate at which it is sold off. This process could also increase demand for the token as more users seek financial benefits, potentially raising the price of CHMPZ.

Staking CHMPZ token gives participants a chance to earn up to a 40% annual percentage yield (APY), while staking the NFT Passport offers up to 20% APY.

Chimpzee has other systems where users can generate streams of income while also contributing to environmental causes. They include the shop-to-earn, play-to-earn, and trade-to-earn.

In the Chimpzee shop, when users make purchases, they earn passive income in the form of CHMPZ tokens. Similarly, the Zero Tolerance Game offers players the chance to participate in play-to-earn games, unlocking benefits associated with holding Chimpzee NFT Passports. 

Lastly, the Chimpzee NFT Marketplace provides users with a platform to trade and earn rewards while contributing to a better world. The platform shares a portion of trading fee profits with its users, incentivizing their participation.

Diverse Giveaway Opportunities

The crypto platform’s upcoming promotion gives one lucky NFT Passport holder the chance to win $2,000. This opportunity is open to all holders of the digital asset, including those with staked passports. 

The platform has introduced an opportunity for Chimpzee NFT Passport holders to win one of several prizes, up to $10,000 USDT. 

The prizes are categorized based on the type of NFT Passport held, with diamond, gold, silver, and bronze passport holders having specific prizes allocated to them. 

Steadily Growing Ecosystem

Climate change and its effects have continued to be a major issue. 

With higher temperatures and sea levels, deforestation, and the destruction of many natural habitats, there is an increasing need for projects and solutions driving real-world impact and making the earth a better place. This makes Chimpzee a project to watch; its community is expected to grow steadily as more people key into its vision. 

With these plans in place, Chimpzee is a meme coin to watch out for this summer. A continued effort towards its roadmap could see the demand for the token rise sharply.

JOIN CHIMPZEE COMMUNITY NOW

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Olaleye is a professional reporter with vast experience in web3, cryptocurrencies, and NFT journalism. He enjoys writing about the evolving metaverse sphere and the prevalence in the crypto sphere. Notably, some of his contents have been published in numerous international publications. Away from the crypto world, Olaleye is a political scientist and a lover of football.

View all Posts by Olaleye Komolafe

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