Binance's "C" token refers to Chainbase (C), the foundational token for the Hyperdata Network, a multi-chain data layer for AI and DeFi. Chainbase was listed on Binance after a successful HODLer Airdrop for BNB holders, with 2% of the total supply distributed. The token's launch saw significant volatility, with a large initial spike followed by consolidation. Chainbase aims to provide accurate on-chain data for over 10,000 projects and 35,000 developers, making it a potentially valuable infrastructure for AI and Web3 applications.

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