Chainbase's native token $C has been listed on Binance; this is a significant step! ❗️
We can look at it from several perspectives:
I. Going live is already a 'rebranding'; Chainbase belongs to the top projects.
In the crypto space, going live on Binance is a key step for a project to 'break out'.
I believe everyone has an impression of it as, after a significant growth with M, the community started to say 'single-letter coins are very impressive'.
Including today's MM coin, as many people saw, many sold it for over 30 U at the beginning, but later it surged, directly doubling in value, leaving many people stunned 🦵.
Why do I say this? ❓
Binance has very high review standards, and being listed generally means the project has a complete technology, application, and community.
Data infrastructure projects (similar to Dune) are already scarce and have quickly attracted the attention of many investors after going live.
On the day of the launch, the price surged above $0.25, with an increase of over 400%. Although there was a correction later, it is clear that both trading volume and community activity were an order of magnitude higher than before the launch.
II. Where does the value of C come from? It’s not from thin air, but from real business demands!
C is not a Meme; it does not rely on emotional hype, but is the 'fuel' in the Chainbase ecosystem. Where is it used? 👇
Consume $C when querying the API.
Incentivize nodes to provide real-time data indexing.
DAO governance uses C for voting.
This means that as long as Chainbase continues to expand its B-side applications, the more on-chain data consumption there is, the greater the demand for C!
In the future, if more dApps, DEXs, and wallet tools utilize the Chainbase API, that will represent substantial 'on-chain demand support'.
🍏 Chainbase is a project where you can earn while engaging and also enhance your understanding.
It's not just about engaging today; it’s something you can keep an eye on, especially suitable for those looking for the next 'data infrastructure leader'.
📌 You may not like reading white papers, but the actual progress of Chainbase and its on-chain applications are really worth a look!