$C

Chainbase has officially launched its native utility token $C, which powers its decentralized data infrastructure platform, Hyperdata Network. The token is designed for blockchain data access, real-time indexing, querying, publishing, governance, and validator staking rewards. Around 65% of the total supply has been allocated to community growth, developers, and network participants to ensure a sustainable ecosystem. After launch, $C made a strong market entry, initially surging 300% from $0.115 to $0.50, before dropping to around $0.21 due to selling pressure from airdrop recipients.

Despite price volatility, $C has rapidly gained popularity. Chainbase has also launched a Launchpool program on Binance, distributing 2.75 million $C tokens as rewards. Moreover, within the crypto market’s AI and DataFi sectors, Chainbase has emerged as a strong performer, with the token price recording a 134% weekly increase. Analysts note that the C token is not just for trading—it plays a vital role in powering the Web3 data economy, enabling decentralized applications (DApps), smart contracts, and cross-chain blockchain integration. These developments highlight that Chainbase is positioning itself as a major player in the future of decentralized data solutions.

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