CHIP is a cryptocurrency which was founded in 2015. All that is known is the PoW nature of the currency with the X11 algorithm to perform the math operations. The currency anyway is not dead and shows signs of activity even if it is only for 2-3 days in the frame of a month. The price of a single piece is low as it can be expected – it costs half of the value of 1 US cent at best. The article will be further updated in case of additional information about CHIP.