In the last 24 hours, Chainbase ($C ) has increased by 9.53%, outperforming the overall cryptocurrency market (+5.79%). The main growth factors are support from the Binance exchange, demand driven by the airdrop, and technical recovery signals.
Binance support — spot trading, airdrop, and marketing campaigns have increased liquidity and recognition.
The airdrop and rewards mechanism — retroactive distribution of tokens and a prize fund of $100,000 have stimulated purchases.
Technical recovery — the RSI indicator shows oversold conditions, and the price is stabilizing above key moving averages.
The Chainbase rally in the last 24 hours is driven by exchange-related factors and technical recovery. However, the sustainability of growth will depend on whether real use cases (e.g., in AI and data processing) emerge after the hype period.#Chainbase @Chainbase Official