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Hot new meme coin sensation Chimpzee has announced its first exchange listing as its $2.7 million pre-sale closes. The first listing is scheduled to take place on January 11th on the popular exchange P2B.
To commemorate the event, the project announced that an additional 2 billion tokens will be burned, bringing the total supply to 25 billion.
Chimpzee is working hard during the vesting period and wants to reward you for your patience! Before listing on P2B, we will burn an additional 2 billion tokens, reducing the total supply to 25 billion!🔥🔥
This would give Chimpzee a market cap at launch below 50… pic.twitter.com/ljYkqkDPl2
— Official Chimpzee Project (@RealChimpzee) December 21, 2023
Chimpzee is targeting a modest initial market capitalization of less than $50 million.
Chimpzee recently concluded a popular pre-sale that created a cryptocurrency sensation shortly after its launch. The pre-sale was a surprising success, attracting the attention of both cryptocurrency whales and retail investors.
As a first-of-its-kind approach, the project launched a series of burn schedules during the pre-sale period as part of reducing the overall token supply. As a token of gratitude to the early investment community, the project announced another burn schedule. The goal is to reduce total supply to 25 billion and initial market cap to less than 50 million.
The lower the initial market capitalization, the higher the profit potential for early investors. As a result, the burn schedule will help investors leverage the growth and expansion of the project with a higher ROI.
The tokens are currently in a 30-day vesting period. The first 1 billion tokens will be burned on the 15th day of the vesting period. And the next 1 billion tokens will be burned at the end of the vesting period.
Additionally, a large-scale burn event awaits investors after $CHMPZ is listed on exchanges. The P2B listing will be followed by a series of other listings, including Bitmart.
The performance of the $CHMPZ pre-sale reflects our confidence and optimism about the project. Once released, it wouldn’t be surprising to see Chimpzee take on legendary meme coins like Pepe.
What is Chimpzee and why is it so popular?
Wildlife tokens are almost unheard of in the cryptocurrency market. Amid the chaos caused by meme coins, Play-to-Earn tokens, and DeFi projects, they have gained little momentum.
But now things are changing for the better.
Chimpzee ($CHMPZ) is a new wildlife token that has been popular for several weeks now. The project uses meme coin labels to draw attention to its larger mission. This is wildlife protection.
At the heart of the project’s success is its unique combination of meme coins and wildlife missions. This is one of the few instances where a cryptocurrency project has attempted to leverage a general trend to advocate for a social cause.
Meme coins are very popular, but you rarely see them lasting more than a few days. Many of these tokens continue to offer double- and triple-digit ROIs. However, if early investors do not act carefully, their ROI can quickly turn into bigger losses.
This is where steeping sets itself apart.
The association of immersion with meme coin labels can best be described as a technique for building hype around a three-pillar ecosystem for wildlife conservation.
As the holiday season approaches, Chimpzee wishes everyone a happy and safe holiday season.
💪🌍Show the world the power of the new immersion movement in 2024!
Now is the time to step up our efforts to protect our planet and protect the animals we share! 🙊 pic.twitter.com/AZpCxDE719
— Official Chimpzee Project (@RealChimpzee) December 17, 2023
Submerged ecosystems show breadth and depth
The Shop-to-Ern, Trade-to-En, Play-to-Ern platform drives organic demand for tokens and adds intrinsic value to the native token, $CHMPZ.
Simply put, a Shop-to-Earn platform is a merchandise store that gives customers $CHMPZ rewards for every purchase they make. On the other hand, transaction-to-profit platforms operate on a profit-sharing model. Designed to be a hub for active NFT traders. Named Zero Tolerance Game, the play-to-earn platform features the attention-grabbing theme of wildlife conservation. This provides a great way to earn side income while educating users about the need for climate action.
Together they increase the demand for the token purely from a utility perspective.
$CHMPZ is not the only investment token in the ecosystem. There are also immersed NFT passports.
Why have an immersed NFT passport? In addition to collectible value, NFT Passports provide holders with attractive perks and privileges within the ecosystem. This includes strong staking APY.
A portion of the revenue generated by the dip is used for various wildlife activities. Donations began during the pre-sale phase.
Next to the moon?
It is rare to see credible and original projects in the meme coin market.
Most are simply replicas of existing projects without a creative theme or goal. They simply take advantage of the ongoing trend to make money and eventually fall victim to their inevitable premature death.
Chimpzee, by contrast, pursues a global vision of reducing the impact of carbon emissions through wildlife conservation. Although the meme coin label helped the project gather initial momentum, the price movement will likely be sustained over the long term by its strong utility.
P2B’s initial exchange listing provides a great opportunity to secure tokens before prices rise.
Check the immersion
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