Alpha hasn't eaten for half a month, let's take a look at the square
@Chainbase Official is a Web3 data infrastructure project dedicated to building a decentralized 'Hyperdata Network', aimed at providing efficient and unified data solutions for AI and blockchain applications.
C Recent Market Conditions
Price: The current price of the $C token fluctuates between $0.28 and $0.51,
24-hour trading volume: $139 million
Market Cap and Ranking: Chainbase has a market cap of approximately $45 million, with a circulating supply of 160 million, accounting for 16% of the total supply (1 billion)
Support Levels: $0.25-$0.26 (recent lows and key support area). If it falls below $0.25, it may further test $0.125
Only 16% of the tokens are in circulation, while 84% are still locked up. In the next three months, 10 million $C will be unlocked, potentially triggering 'sell the news' pressure.
Airdrop activities have stimulated short-term trading volume and price increases, but there is controversy within the community regarding the fairness of airdrop allocations.
Short-term Trading: Consider building positions near the $0.25-$0.26 support level, targeting $0.40-$0.50, with a stop loss at $0.24
