Chainbase ($C ) has fallen by 2.09% to $0.191 in the last 24 hours, continuing a decline of 48.4% over the last 30 days. This drop is associated with a weakening momentum following a sharp rise on Binance in July, low liquidity, and negative technical signals.

Exhaustion after listing – the initial spike on Binance (+229% on July 18) was followed by profit-taking by early investors.

Weak liquidity – the trading volume in the past 24 hours has decreased by 76% to $16.9 million, which amplifies price fluctuations.

Technical breakdown – the price has dropped below key moving averages, indicating seller pressure.

The decline of Chainbase is due to a combination of listing fatigue, liquidity issues, and worsening technical conditions. Despite the relevance of AI and data topics, C requires a stable increase in token utility for stabilization.

Will C be able to hold support at $0.188, or will the decrease in developer activity (according to on-chain data) exacerbate the correction?#Chainbase @Chainbase Official