Chimpzee ($CHMPZ), a hot new meme coin, just finished its $2.7 million presale a few weeks ago.The token is currently gearing up for its first-ever exchange listing, having completed its 30-day vesting period.January 11th is the date, according to the most recent notice.In addition to Bitmart, more platforms will follow the eagerly awaited launch on P2B centralized exchange.A further announcement from the project states that 2 billion more tokens will be burned in gratitude for the early investors’ enthusiastic engagement.
Since the beginning of the $CHMPZ presale, Chimpzee has become more and more of a crypto sensation.Remarkably, within days of coming live, the initiative attracted the interest of regular investors as well as cryptocurrency whales.By the end, it was pronounced a huge success.The project took a novel approach by launching multiple burn plans throughout the presale as part of executing its deflationary tokenomics.
The objective is to gradually decrease the total token supply through the token burning.The initiative will reduce the total supply to 25 billion tokens and set the initial market cap below 50 million in yet another burn plan.
For the group of early investors, a smaller starting market cap means a higher possible return on investment.Investors will benefit handsomely from the project’s growth and success once the burn schedule is put into action.On the fifteenth day of the vesting period, the first 1 billion tokens will be burnt, and then another batch at the conclusion of the time.Furthermore, as $CHMPZ hits exchanges, a larger burn event is scheduled to occur.The $CHMPZ presale was well received, which is evidence of its significant market relevance and growth potential.Due to its distinctive design, the project has the potential to become as well-known as Pepe in the meme coin industry.
One criticism leveled at the meme coin market is its lack of uniqueness. With good cause, too.Through a crypto-passive income concept, Chimpzee transforms the narrative and advocates for global wildlife conservation.For initial momentum, it adopts the meme coin persona; its long-term price action is based on use cases that are relevant to the market.
The token will be available for low entry points before its value increases, allowing early investors to purchase it before its initial exchange listing on P2B occurs.