Chimpzee Expansion to Solana Will Be a Game Changer for the Meme Coin’s Community: Here’s Why
Solana has been on a positive growth trajectory over the past year. SOL has risen from a low of $17 to as high as $209, which displays its rising popularity.
More than the price, the Solana blockchain is gaining popularity for all its notable features. This has also pushed several meme coin creators to build on Solana, which is evident from the growth of numerous SOL-based meme coins.
Chimpzee is the next meme coin project, which is expanding to Solana. This development could be a game changer for the meme coin and its community. Here’s how.
Perks of building on Solana
Ethereum has been a popular option for developers to build on. However, Solana has been gaining traction lately and has transformed into a hub for several popular meme coins, including dogwifhat (WIF), Bonk, Book of Meme (BOME), Popcat, Ponke, etc.
This is primarily because of the key benefits that the blockchain offers for its users. As Chimpzee is planning its expansion to Solana, here are some of the key benefits that its users can enjoy.
Speed and Scalability – Solana is known for its quick transactions, and with this expansion, CHMPZ token holders can execute quicker and more efficient transactions.
Cheaper transaction fees – Solana has lower gas fees in comparison to Ethereum. With fewer gas fees, CHMPZ token holders can buy and sell at a cheaper rate without paying any hefty fees.
Improved accessibility – Expanding its wings to Solana will provide Chimpzee with new avenues for trading and liquidity. This will ensure that the CHMPZ token is available to a large audience.
Security – Solana’s network offers an additional layer of security, which also ensures that CHMPZ tokens are safe on the network. This is evident from the recent security incident that happened on Solana.
Solana developers, validators and team have addressed a major security vulnerability. The team secured a supermajority of its network stake before the issue was disclosed to the public. Solana developer Laine identified and fixed a security issue before any exploiters could even identify it. This shows the commitment of the network’s developers to keeping the network safe.
How can Solana help with Chimpzee’s growth?
We definitely saw the perks of building on Solana. This year has also been particularly interesting, as several Solana based meme coins gained traction, pushing other meme coins like Shiba Inu behind in terms of price appreciation.
Once Chimpzee is launched on Solana, the meme coin will be available for both Ethereum and Solana users. This will improve the exposure of CHMPZ and, at the same time, make it easier to buy and sell the coin on multiple networks.
Moreover, the Solana-based CHMPZ token will also introduce new staking options that can help investors earn passive income. Chimpzee’s flagship NFT Passports will, however, only be available to Ethereum chain users. But the team definitely has some plans to bring different features to the Solana chain post launch.
Entering at the right time before Chimpzee’s Solana launch
Chimpzee project has already concluded its successful presale and the token is listed on CoinMarketCap, CoinGecko and on exchanges like BitMart, P2B and MEXC.
If you are someone who is interested in protecting the environment, saving endangered animals, fighting against deforestation and at the same time earning passive income, Chimpzee is definitely worth checking out.
Once the project is launched on Solana, numerous opportunities will be opened through which you can earn a passive income. This improved accessibility could also likely help boost the price of CHMPZ tokens.
Follow their social media channels to stay updated on all their upcoming plans.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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