The King of Blockchain Data is Here!! @Chainbase Official #chainbase

🏝️Core: Chainbase is a project focused on blockchain data infrastructure, which has become "the world's largest super data network", serving over 15,000 developers and 8,000 projects, processing over 500 billion data calls.

🐚Funding History:

July 18, 2024: Series A funding of $15 million, co-led by Tencent and Matrix Partners China, total funding raised: $18 million (including an early seed round of $3 million)

🐠Key Supply Data:

Total supply: 1 billion coins Current circulating supply: 160 million coins (16%) Next unlock: August 14, 2025, 10.47 million coins (1.05%), currently Binance's supply accounts for about 30%, belonging to a super large address

💎Core Functions and Usability:

C Token Functions:

1. Payment Tool: The necessary currency for querying or subscribing to structured datasets

2. Staking and Security: Operators stake C tokens to run data execution nodes and earn query fees

3. Revenue Sharing Ecosystem Incentives: Developers, contributors, and users receive C token rewards for value-added activities

4. Governance Rights: Holders vote on protocol upgrades and parameter changes

Price Trend Analysis:

7-Day Increase: +100.8%, rising from $0.20 to the current $0.409 Previous lowest point: $0.0789, current price has risen 403% from this level Key resistance level: $0.52 (historical highest point)

Overall, the potential of the C token is still somewhat promising, and along with the trend of altcoins in a bull market, it should be able to carve out its own independent path!