Chimpzee Burns 80% of its Original Supply to Fuel Price Action

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Chimpzee presale is rapidly gaining attention as investors unload their saturated crypto deposits for the new cryptocurrency that is predicted to go on a bull run later this year. 

The market relevance of the project in wildlife conservation, combined with the passive income potential generated initial momentum around it. But the fact that Chimpzee has burnt 80% of its supply expedites the traffic to the presale now. It hints at a significant price action for the token on its release. 

Chimpzee Presale is Witnessing Massive Traffic

Chimpzee is an advanced wildlife conservation initiative that uses blockchain technology for better efficiency and impact. It invigorates climate action with a rewarding twist. 

In other words, it empowers individuals to make a positive contribution to the planet and protect wildlife while also earning passive income on the side.

To give you a better perspective, Chimpzee has already planted 1200 trees for the restoration of the Brazilian rainforest, contributed $15,000 to elephant conservation efforts, and planted an impressive 20,000 trees in Guatemala to safeguard its native rainforest.

The key factor to note here is that Chimpzee takes on the challenge of overcoming human inertia when it comes to signing up for long-term goals like climate action.

Three Primary Components

Shop-to-earn, play-to-earn, and trade-to-earn – these are the three components that support the project and its focus on crypto incentivization. They provide lucrative opportunities for passive income to participants.

To give an example, you can purchase branded merchandise from the Chimpzee Store and receive attractive CHMPZ token rewards in return. You can also participate in the Chimpzee Zero Tolerance Game that yields rewards and benefits as your skills and performance progress.

The Chimpzee NFT Marketplace also caters to active traders, empowering them to earn a portion of the platform's profits.

Chimpzee’s expansive potential for partnerships with global brands and organizations cements its position as one of the most promising ventures of 2023. It has scope for widespread adoption in the coming years as more individuals and organizations put their sustainability goals into action.

The presale is advancing at a rapid pace now, suggesting an early sell-out ahead of schedule for the token.

Transparency in Donations

Blockchain technology has the unmatched potential to bring transparency to donations and transactions. In fact, that has been pivotal in expanding Chimpzee’s foothold within the crypto and climate action communities. 

The significance of transparency in climate action and wildlife conservation cannot be overstated, as it addresses one of the most pressing issues within the industry. Although most of us want to support organizations aligned with our environmental values, the prevalent fraud prevents us from making any tangible financial contributions.

This challenge becomes even more obvious when global transactions are brought into the picture. Global coordination is an integral aspect of climate action, which by its very nature transcends borders. 

Chimpzee allows people from around the world to navigate this problem by using blockchain technology as a means of global coordination. It breaks the barriers associated with global transactions and addresses environmental concerns with solid accountability.

80% of Original Supply Burnt to Support Price Action 

Chimpzee has implemented an impressive token-burning mechanism that consistently reduces the supply of CHMPZ tokens. This reduction in supply has a direct, positive impact on the value of CHMPZ tokens, as supply and price are inversely related. It is designed to tackle the notorious volatility that the cryptocurrency market often falls prey to.

Although numerous crypto projects have introduced burning mechanisms with similar objectives, Chimpzee distinguishes itself with robustness and regularity.

For instance, when users buy Chimpzee NFT passports, all the tokens used for these purchases are permanently removed from circulation. These coveted NFTs also grant various benefits to holders like higher staking APY and rewards, among others.

An exciting milestone was achieved as the Chimpzee presale reached over $1,450,000 in funding. To improve the token's scarcity and value, the project burned over 80% of its original supply, leading to the cutting down of the total supply to 39 billion tokens. 

An additional and extra one billion tokens have been burnt as we reached our fundraising goal, reinforcing its commitment to token value appreciation.

Don’t Miss the 4X Bonus

An analysis of Chimpzee underscores its remarkable creativity in the climate action sphere. With both utility and an efficient burning mechanism, the value of CHMPZ tokens is expected to undergo a significant surge in the coming months. 

Being tailored to maximize the yield potential for investors, Chimpzee is one of the best cryptocurrencies to buy now. Furthermore, Chimpzee's extensive opportunities for global partnerships with brands and organizations keen on sustainability and wildlife conservation give it remarkable growth potential.

The presale comes with an attractive bonus program for investors now, enabling them to acquire up to 4X bonus coins and potentially bring down the token price to $0.00075, or lower depending on their purchase amount. 

The offers will be live for a limited time.