Chimpzee Utility Is Gaining More Attention: CHMPZ Token Poised for Major Rally in Coming Weeks
Chimpzee has continued to make various moves and partner with organizations to save animals and the natural habitats of plants. Its goal of environmental preservation has not slowed down.
Environmental conservation is a major need in the world right now. Many ecosystems are being destroyed, which is affecting the environment.
Various species have been disappearing like never before. Experts estimate that the current extinction rate is 1,000 to 10,000 times higher than the natural extinction rate.
There are 2 million species on Earth, and we are seeing 200 to 2,000 extinctions yearly.
These and many other unencouraging statistics show the urgency that should be placed on activities that protect the environment. Protecting the health of the ecosystem would also, in turn, help humankind live a healthier life.
Chimpzee developers have announced upcoming donations to Orangutan Outreach. This will help support the cost of orangutan food and enrichment at the Nyaru Menteng Orangutan Rescue Center.
They believe we need to take care of our planet and the animals we share it with. The donation is the community’s way of lending a hand to save these animals.
This is only one of the many projects that Chimpzee has undertaken. It has donated to various organizations focused on planting trees, rescuing wildlife, caring for animals, and more.
It has partnered with reputable organizations like Rainforest Rescue, Wild Foundation, WeForest, One Tree Planted, and many more.
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Chimpzee Utility Keeps Attracting More People
These features are drawing a lot of attention to the Chimpzee ecosystem as investors accumulate its CHMPZ token.
Projects that pursue strong missions typically attract the interest of retail and institutional investors. The issue of environmental preservation is also becoming more serious in today’s world, and projects like Chimpzee, which are at the core of it, are poised to gain more attention.
The increasing attention surrounding the project is evident in its rising metrics. For example, more than 7 billion CHMPZ tokens have been staked in the ecosystem as investors seek passive income.
These staking opportunities are open to both CHMPZ tokens and NFT Passports holders. Staking CHMPZ allows users to earn up to 40% annual percentage yield (APY), while NFT Passports provide a passive income of up to 20% APY.
Launch on Solana and Listing on Raydium Expect to Spike Price
CHMPZ officially launched on the Solana blockchain on September 20. This strategic move aims to help the ecosystem offer faster transactions with enhanced scalability.
Being available on the Solana network will also open up the token to new investors and more users.
The developers have burned 400 million CHMPZ tokens on the Ethereum network following a new issuance on the Solana blockchain. This is to keep the total supply of the CHMPZ token stable.
Various plans are also being put in place to ensure that Chimpzee continues to grow within the Solana ecosystem. The first is the launch on Raydium.
CHMPZ is available on the decentralized exchange Raydium as of October 7, opening up to a new community of users and potentially increasing its demand.
Developers are also working on a staking engine to make staking available on the Solana network. This will also provide a form of passive income to the community.
Being available on Solana is expected to increase the demand for CHMPZ tokens. Moreover, the launch on Raydium and staking opportunities could create additional pressure.
Staking could reduce the number of tokens in circulation, while the launch on the decentralized exchange could increase demand. This could serve as a dual catalyst for major price growth.
Joining the Ecosystem Also Provides Various Passive Income Streams
The CHMPZ ecosystem offers several ways for users to earn passive income. They can earn by staking the CHMPZ token and NFT Passports.
They will also be able to earn through the Chimpzee shop-to-earn system. Additionally, there will be a trading option available through the NFT marketplace, as well as a play-to-earn option through its zero-tolerance game.
To buy CHMPZ, you can visit the website and click on the “Buy CHMPZ” option. This will open a page listing some crypto exchanges that have already listed the token, including P2PB2B, Bitmart, and MEXC.
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