Chimpzee (CHMPZ) Token to Watch in the Next Bull Run as It Expands to Solana, Offering Staking and NFTs

Chimpzee is focused on fighting climate change and saving animals while offering its users a means to earn passive income.

Chimpzee is a cryptocurrency that aims to combine financial opportunity with environmental conservation efforts. The developers have stated on their website that a certain percentage of the profit earned will be donated to charity.

The CHMPZ token is now available on Solana, making the token available across multiple networks. Solana has been dubbed the home of meme coins due to the large price jumps that many of these tokens have experienced on the network.

Here’s how Chimpzee’s recent integration with Solana may be beneficial to the CHMPZ token fiyatı (price).

400 Million CHMPZ Token Burned on EthereumAfter launching on Solana, Chimpzee burned 400 million CHMPZ tokens on the Ethereum network. This was to compensate for the 400 million tokens that were minted on the Solana chain.

This token burn strategy ensures that the total number of tokens in circulation remains the same. However, since Chimpzee is now accessible to a larger audience, the demand for the token may increase, potentially driving up its value.

Listing CHMPZ/SOL Pair on RaydiumChimpzee recently listed its native token, CHMPZ, on Raydium, a top Solana decentralized exchange. Listing on a popular exchange could increase its liquidity and accessibility.

The availability of CHMPZ on a Solana DEX could attract new investors, increasing the demand for the token. The Solana ecosystem’s scalability is an advantage and opens up the Chimpzee ecosystem to new possibilities that are not available on the Ethereum network.

Staking on the Solana NetworkChimpzee already has a staking mechanism on the Ethereum chain, but it is also working on bringing it to the Solana chain. The team revealed on their X platform that over 7 billion CHMPZ tokens have been staked in the ecosystem.

Staking will allow holders to lock up their tokens to earn rewards. Chimpzee users already enjoy a 40% APY for staking their tokens on the Ethereum network. Introducing this passive earning scheme on the Solana chain could further decrease the circulating supply of CHMPZ.

Moreover, staking could encourage long-term token holding, and this might help CHMPZ price to see some stability.

Ethereum to Solana BridgeCHMPZ holders who want to move their assets from the Ethereum network to the Solana network will be able to do so after the staking has been developed and launched.

This could open up access to a wider range of investors, as cross-chain interoperability often drives interest from multiple blockchain communities, increasing the token’s exposure and potentially boosting demand.

New Solana-Based NFTsThe Chimpzee team knows how best to incentivize users to join their ecosystem. They will soon introduce Solana-based Chimpzee NFTs, potentially generating more attraction to the ecosystem.

The APY attached to the present NFTs on the Ethereum blockchain could entice users to buy the Chimpzee NFTs on the Solana chain. Since the NFTs would require CHMPZ tokens for transactions, it could further drive up token usage.

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