@Chainbase Official #chainbase $C

📊 Technical Analysis:

On the chart $C , a descending wedge pattern is observed, which is often considered a bullish pattern. The price is gradually compressing into a narrow range, while volumes are decreasing — a typical signal for a potential breakout. Current support is forming around $0.19–0.20, while key resistances are in the $0.23–0.25 zone. A breakout of the wedge upwards could become a catalyst for growth to higher levels, while a consolidation below support would open the way for a decline.

🔗 Fundamental:

Chainbase is a decentralized infrastructure platform for Web3 that addresses data storage and processing issues on the blockchain. The project focuses on:

🔍 Real-time data indexing and queries;

⚡ High speed and scalability;

🔒 Data integrity and availability.

This technology is crucial for the development of dApps and smart contracts, as it provides developers with fast and reliable access to information from various blockchains.

💠 The token $C is used for:

payment of operations within the network,

incentivizing participants (validators, nodes),

supporting the economic model of the platform.