After the launch of the new currency C, it surged from $0.16 to a high of $0.58. Although it has currently fallen back to $0.297, the daily trading volume remains in the tens of millions of dollars, indicating that funds are still deeply engaged in speculation.
The support from Binance has further increased the hype: C has not only been selected for the HODLer Airdrops but has also integrated with core functions like Binance Earn, Convert, and Margin, essentially achieving 'full-scale navigation' within the exchange ecosystem.
Chainbase's C token has become a 'phenomenal presence' in Binance's ecological layout for on-chain data. As a key carrier of the AI-driven data layer, it relies on the 'Hyperdata Network' to build real-time, composable data service infrastructure for Web3—simply put, it transforms on-chain data from 'scattered materials' into 'ready-to-use tools', enabling developers and protocols to access it efficiently.
The token distribution also hides long-term logic: 65% is allocated for ecosystem incentives, where developers contribute data, nodes maintain the network, and users participate in governance, all earning C rewards—this is a 'token loop' that binds ecosystem participants, making data services increasingly robust.
Currently, the demand for on-chain data is exploding (DeFi strategies, NFT analytics, and compliance monitoring all rely on it), and Chainbase's aim of 'AI + data infrastructure' perfectly addresses the critical shortcomings in Web3 development. Although the current price is in a correction phase, the traffic entrance of the Binance ecosystem and the essential scenarios of AI data make $C a potential target driven by both 'on-chain data + exchange ecosystem'. For players who are optimistic about the value of Web3 data, this adjustment might be a window for early positioning.
