Chainbase ($C ) has increased over the last 24 hours. First, let's look at the data. The price has increased by 2.19% over the day in real-time. However, over the last 7 days, it has decreased by 21.11%, and over the last month, it has fallen by 30.85%. This suggests that there was a slight increase in the last day, but in the longer term, the price has significantly decreased. It is likely a short-term rebound or a reaction to recent news.
Looking at the news, there is a lot of information related to exchange listings and token giveaways (airdrop). The latest news from August 2025 is a new listing on Bitrue, but key events took place in July 2025. For example, on July 18, 2025, Chainbase$C was added to Binance with the possibility of spot trading and a token giveaway for holders (HODLer Airdrop). This caused a sharp price increase from $0.125 to $0.51, but now the price is $0.210, which is significantly lower. Therefore, the recent increase over the last 24 hours can be considered a slight recovery or a reaction to ongoing campaigns.
It is also worth noting the Binance Square campaign, which offers $100,000 in tokens C for user activity. It runs from July to October 2025 and may stimulate short-term trading activity. In addition, technical analysis shows that the Relative Strength Index (RSI) is at 25.95, indicating oversold conditions and a possible technical rebound.
The global cryptocurrency market has increased by 2.21% over the last 24 hours, so the rise of Chainbase is partially linked to the overall market movement. However, compared to weekly and monthly trends, Chainbase is showing worse results. The Fear & Greed Index is currently neutral, meaning market sentiments are not strongly expressed.
It is worth checking for any negative factors. There are mentions of high-leverage trading on Top.one, which can increase volatility. Technical indicators such as MACD and moving averages indicate a bearish trend in the long term, which aligns with the declines over the past 7 and 30 days.
As a result, the price increase of Chainbase over the last 24 hours is likely due to a combination of current Binance campaigns, a possible technical rebound from oversold levels, and an overall market uptick. However, long-term trends remain negative, so this does not yet indicate a stable recovery. It is important to consider both positive factors (Binance activities, technical rebound) and negative ones (long-term decline, high supply volume).$C #Chainbase @Chainbase Official