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The trending meme coin Chimpzee crossed the $1.58M presale milestone with a growing influx of investors leaving Pepe amid the crypto crash.
Chimpzee is a new meme coin that comes with a green goal to revive wildlife conservation efforts by bringing together the younger demographic. To boost the initiatives, Chimpzee offers attractive passive income through staking, gaming, and shopping to name a few.
The sustainability project has donated to planting trees in the Brazil rainforest and Guatemala and helped protect one of the last herds of desert-adapted elephants so far.
CHIMPZEE launches page on website to show the thanks we received from the organizations we have helped.https://t.co/ZS0oHQWy51 pic.twitter.com/3WjVw6Jykt
— Official Chimpzee Project (@RealChimpzee) October 6, 2023
What is Chimpzee?
At the heart of it, Chimpzee is a wildlife conservation token. The project taps into the wild popularity of meme coins to draw traction to sustainability and climate action, especially among the younger generations.
Rather than taking an idealistic approach where the initiative creates awareness and waits for participants to join the goal gradually, Chimpzee puts forward a more proactive system with incentivization at its center.
Of course, creating awareness is a part of the system. But the project doesn’t solely rely on awareness and education. Instead, it brings together people from around the world in exchange for attractive passive income.
Transparent Transactions
Another key point of distinction is the integration of blockchain technology. Being a Web3 project, the transactions made by the Chimpzee smart contract are for anyone to see and verify. It clears all concerns and apprehensions a user may have when donating to social and environmental causes.
Since the charity space is known for its fair share of scams and manipulations, the integration of blockchain technology allows Chimpzee to maintain the highest standards of security and credibility available. Participants can donate money to the project worry-free.
But they won’t be just donating money. They will be investing in CHMPZ tokens, engaging with the Chimpzee platforms, and earning a lucrative passive income alongside.
The Three Ways of Earning Passive Income from Chimpzee
Chimpzee provides multiple options to generate income from its three-pillared ecosystem.
Chimpzee Store: Chimpzee’s online shop showcases merchandise that reflects the commitment to climate action and wildlife conservation. With each purchase at the Chimpzee Merchandise Store, the shopper will receive CHMPZ tokens as a reward. They act as an incentive for the shopper’s dedication to the cause.
Chimpzee NFT Marketplace: For active NFT traders, the Chimpzee NFT Marketplace stands out as a top-tier option as it shares a portion of its profits with them. The mechanism fosters participation and engagement within the ecosystem and strengthens the community.
Zero Tolerance Game: Zero Tolerance Game is an engaging play-to-earn experience, allowing gamers to monetize their passion while being more aware of climate change and deforestation. With a focus on fun, entertainment, and meaningful incentives, Chimpzee creates a powerful synergy for youngsters.
In addition to that, you can also earn a passive income from the platform by staking your Chimpzee NFT Passports.
CHMPZ is the native cryptocurrency of the platform which is used for all payments and rewards. Being a crypto token, it will have value outside the Chimpzee ecosystem and will be bought and sold on public crypto exchanges.
CHMPZ is not live on public crypto exchanges yet, however. It is currently selling for gradually increasing fixed prices in its presale. The 13th stage (first of the final phase) of the presale will end soon. Investors who join the presale in the current stage get up to 4X bonus coins, dropping the token cost to $0.0008 or less, which partly explains the growing traffic to the presale.
The dispiriting performance of Pepe is another reason.
Chimpzee vs. Pepe – Why Investors are Moving to the New Meme Coin Craze
Pepe is one of the worst affected by the current crypto crash. The meme coin has shed 10.62% of its price in the last seven days and lost 84.73% of its all-time high.
The situation is aggravated by the fact that Pepe is down to the 100th position on the Top-100 crypto chart with a market cap of just $260M.
It has also earned a spot on the Top Gainers list.
By the looks of it, it won’t be long before the cascade of dumps begins. Pepe is proving to be a risky investment at this point. Once Pepe is knocked out of the Top-100 list, a comeback would be near-impossible.
Investors are cashing out on their Pepe holdings to mitigate the crisis. Given that the token launch of CHMPZ will be scheduled after the market revives, it is emerging as a safe alternative.
Chimpzee Presale Stage Ends Soon – Is it Too Late to Buy?
Chimpzee is one of the most promising meme coins to enter the market this year.
- It has a sustainability goal that both traditional and crypto investors align with.
- It has a high scope for mainstream adoption, kindled by brand partnerships.
- And, it offers attractive sources of passive income for users, not limited to crypto staking.
Investors need to act early to grab the tokens for discounts and bonuses. To give a better context, the current stage offers up to 4X bonus coins.
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