Chimpzee (CHMPZ) Is Loaded With Lots Of Events That Could Help Its Price Spike This Month
September is here, and Chimpzee is loaded with various events that could drive the adoption of its ecosystem and even help the price of its CHMPZ token surge. The team has been working hard to ensure that its plan to expand to the Solana blockchain comes to fruition this month.
Aside from expanding to Solana, the developers have also announced on their official X page that other major events are slated to take place this month, which could help the growth of the Chimpzee ecosystem and its native token.
Let’s take a look at what these events are.
Launch on Solana
Solana has been known to be the home of many meme coins that have experienced significant price increases in recent times. Meme coins such as WIF, BONK, and BOME have enjoyed notable price surges on this blockchain.
Solana is popular for its speed in processing transactions, which is part of what has made it a choice for many crypto projects. Thus, as CHMPZ launches on the Solana chain, it will benefit from this by having quicker transaction times compared to other blockchains.
The more interesting thing is that the expansion is not meant to replace Chimpzee’s presence on Ethereum; instead, it is to complement it, which makes CHMPZ a multichain token. This could further increase its reach and even provide users with investment options.
The developers have also created a system to maintain the value of CHMPZ. They revealed that an equivalent amount of CHMPZ tokens on the Ethereum network would be burned as they create on Solana.
This approach will ensure that the total circulating supply of the token remains the same, which therefore preserves its scarcity and possibly has a positive effect on its price, causing it to spike.
The total supply of CHMPZ tokens on the Solana network still needs to be confirmed.
Staking will be enabled on the Solana network, allowing investors to keep their assets in the system and earn income with little effort. This might stop people from selling the token quickly, as it encourages investors to keep their CHMPZ token for a longer time, which could help the value of the CHMPZ token.
The CHMPZ token will be listed on a popular Solana decentralized exchange, Raydium, right after it launches. Trading on a popular Solana DEX could propel its adoption rate and increase its accessibility, potentially causing its price to surge.
The launch on Solana is expected to occur between the 16th and 22nd of September.
🚀 Chimpzee's Exciting September Roadmap Unveiled! 🔥
🍂 September is set to be a monumental month for the #Chimpzee community, packed with major launches and announcements that you won’t want to miss:
🔹 $CHMPZ Launch on Solana: Watch as $CHMPZ makes its debut on the Solana… pic.twitter.com/A0OsBRo43P
— Official Chimpzee Project (@RealChimpzee) September 2, 2024
NFT Passport Giveaway Winner To Be Announced
After a long wait, the Chimpzee NFT Passport bonus winner will be announced this month. The giveaway rewards platform users, allowing them to win up to $10,000.
Holders of these digital assets can win one of two prizes, each possibly worth up to 10,000 USDT. There are more prizes available too, depending on what kind of NFT Passport a user has.
The illustration below further explains the process:
2 – $10,000.00 USDT (Any NFT Passport Holder)
1 – $5000.00 USDT (Diamond Passport Holders Only)
2 – $2500.00 USDT (Gold Passport Holders Only)
3 – $1000.00 USDT (Silver Passport Holders Only)
4 – $500.00 USDT (Bronze Passport Holders Only)
20 – $250.00 USDT (Any NFT Passport Holder)
This giveaway is strictly for people holding the Chimpzee NFT Passport, and users can only win one prize per wallet. Also, if any holder decides to sell their NFT Passport before the drawing, then the new NFT owner will receive the prize if they are holding the winning NFT Passport.
Chimpzee Supports New Organization
September has started, and Chimpzee has already begun fulfilling some of its promises. The developers recently announced their donation to the Space for Giants organization, which is committed to preserving the planet.
The donation to this organization will help preserve the Nubian giraffes in the Pianupe landscape in Uganda. The funding would go towards patrol units that help keep them safe and monitor the existing giraffe population.
How Can These Events Affect The CHMPZ Token To Spike
The list of events structured to occur this month could propel the CHMPZ token to spike significantly. The launch on Solana would further widen its market accessibility, and the listing on Solana DEX would potentially enhance its liquidity.
Moreover, the incentive program could help drive interest and adoption in the ecosystem. Lastly, Chimpzee’s mission of preserving the earth could help its image and, in fact, appeal to investors who want to invest in a token with a good cause.
All these could help the CHMPZ token’s price surge in September and beyond.
Interested investors can buy the CHMPZ token on major exchanges such as Bitmart, p2pb2b, or MEXC.
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