【 Chainbase( $C ) Recent Weekly Review and Analysis|Data, Unlocking, Airdrop, Key Support Levels】
Chainbase's price decreased by -6.9% this week to $0.199, although it rebounded +5.6% within 24 hours. Key support levels are in the $0.188-0.192 range, with resistance levels at $0.216-0.229. A significant unlocking event is expected on October 14 (5.79% of total supply), facing short-term supply pressure. Community sentiment is positive but still in a speculative phase.
1⃣ Key Indicator Changes:
Price Change: -2.4% (from weekly opening to closing)
Volume Change: +4.1% (20.06M → 20.89M)
Market Cap Change: -12.5% (35.05M → 30.65M)
2⃣ Valuation Structure Analysis
Circulating Market Cap: $31.99M
Fully Diluted Valuation (FDV): $199.99M
Circulating Ratio: 16% (Circulating Supply 160M / Total Supply 1B)
Market Cap/FDV Ratio: 0.16 (indicating that 84% of tokens are still locked)
3⃣ Token Structure
- Token Unlocking and Token Economics
Unlocking Arrangement:
- Ecosystem and Community (40%): 36-month linear unlocking.
- Airdrop Incentives (13%): Distributed over three seasons, with the first season (Season 1) distributing 3.5%, including 2% community incentives and 1.5% Binance Alpha activity rewards.
- Node Operator Incentives (12%): 60-month linear unlocking.
- Early Investors (17%) and Core Contributors (15%):
- Liquidity (3%): Used to support exchange market dynamics.
4️⃣ Technical Analysis and Key Support Levels
Forming a descending wedge, with horizontal support at the bottom edge in the 0.188-0.190 area, and a downward sloping upper line.
Strong support 0.188-0.192, strong intensity, gathering area of the closing price on August 25 + 7-day low
Secondary support 0.178, medium intensity, lower Bollinger Bands on daily chart
Recent resistance 0.216, medium intensity, closing price level on August 23
Key resistance 0.229, strong intensity, 7-day high, breaking this will break the descending channel.
Mark @Chainbase Official and use tags #chainbase $C