Is Chimpzee Poised for a 10x Surge in April with NFT Launch and Token Burn?

Since the project rolled out its hyped NFT Passport sale and revealed that they are cooking up something major to be released at the end of this month, traders believe Chimpzee is headed for a massive 10x rise in May.

Chimpzee NFT Passport holders are also participating in an exclusive promotion, offering them a chance to win $10,000 USDT along with the highest passive income of any charity Web3 project.

Speculators hope that the opportunity to burn as much as $5 billion during a sale will make the price of the tokens skyrocket.

Chimpzee Laying the Foundation for a Major Surge in April with NFT Launch

One of the charity-oriented Web3 projects, Chimpzee announced the release of its NFT Passports in April as part of its effort to lay down at foundation for outstanding performance.

NFT Passports are really exciting and have the highest earning potential through the Chimpzee ecosystem to holders.

The four passive income streams available on Chimpzee are Shop-to-earn, Trade-to-earn, and Play-to-earn. Users can earn rewards by staking their $CHMPZ tokens in the fourth option.

The NFT Passports are in short supply and offer four levels of benefits.

• Diamond Passport
• Gold Passport
• Silver Passport
• Bronze Passport

In the ecosystem, the Diamond Passports yield the highest passive income. They have a limited supply of 1000 units, cost 1,000,000 $CHMPZ tokens, and increase $CHMPZ rewards by 4x.

The following benefits are offered to NFT Passport holders:

• Better $CHMPZ rewards and a special discount at the Chimp Shop.
• An expanded portion of the trading fees is made on the NFT Marketplace.
• A discount on the NFT Marketplace fees.
• Discounted advertising on the platform.
• In the Zero Tolerance play-to-earn game, higher rewards
• A reward for those who stake their NFT passports
• VIP access to events, airdrops, and special promotions in the ecosystem.
• Chance to win $10,000 USDT in exclusive promotion reserved for holders only.

What is Chimpzee?

The goal of the Web3 project Chimpzee is to show to the world how Web3 can be utilized to improve the world.

The project offers many ways for users to generate money to support nonprofits that fight climate change and animal rescue while also earning a passive income.

During its presale, the project gained popularity following a series of confirmed donations to global impact organizations.

Every donation can be confirmed on-chain or by looking at social media posts made by the official accounts of the nonprofits that receive it.

For instance, Chimpzee gave the WILD Foundation two contributions totaling more than $35,000. The contributions will assist the Yawanawa tribe in safeguarding the few black jaguars left in the world and rangers in preserving the last herd of elephants adapted to the desert.

It also made donations to One Tree Planted, Forgotten Animals, and Rainforest Rescue during its presale. In the war-torn Ukraine, these donations supported the planting of thousands of trees, the protection of over 1,000 meters of Australian Rainforest, and the neutering of over 240 cats and 180 dogs.

Most recently, Chimpzee gave WeForest another donation in order to help with planting 4,220 additional trees in Tanzania as part of the Mara project.

MASSIVE Token Burn: Is There About to Be a Supply Shock?

Traders are excited with anticipation over the NFT Passport sale's potential for a 10x price spike.

$CHMPZ tokens will be used to buy the NFT Passports, which will be burned after each purchase. If every NFT is sold during the presale, the overall supply of $CHMPZ could decrease dramatically. According to the team, five billion or so $CHMPZ could be burned, bringing the total supply down from eight billion to just three billion.

Traders know that the staking contract has already locked in most of the $CHMPZ token supply, in addition to the token burn.

The project's website states that of the 8 billion tokens available, 5.7 billion have already been staked and are therefore not available for purchase on the open market.

Because of this, it may be difficult for newcomers to purchase $CHMPZ on exchanges because there may be a supply shock after the $CHMPZ burn from the NFT sale.

Chimpzee is laying the groundwork for significant price swings in April. More donations are anticipated, drawing more attention to the charitable meme coin.