Chainbase ($C ) has fallen by 4.24% in the last 24 hours, which is worse than the overall crypto market (-1.09%). The main reasons are technical weakness, a decrease in momentum after a sharp rise on Binance in July, and low liquidity intensifying selling pressure.$C
The decline of Chainbase$C reflects fatigue after the listing and technical issues amid low liquidity. Although the project focusing on AI and Web3 data infrastructure retains potential, short-term traders are cautious.