$C Chainbase (C): Short-term momentum but long-term risks remain
Technical indicators show short-term bullish momentum for C, with its price rising to $0.2134 and a positive MACD, though RSI signals overbought conditions.
However, the token faces potential long-term selling pressure, with 84% of supply still unlocked, raising valuation concerns, especially after the sharp drop from its July high of $0.45.
Community sentiment remains predominantly positive, highlighting Chainbase’s critical role in Web3 and AI infrastructure.
Can Chainbase sustain its short-term momentum and prove long-term value, or will large token unlocks weigh heavily on its performance?
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