$C #chainbase discusses why I changed my bearish outlook on C from 0.15 to a bullish perspective at 0.85:

🔍 Rational basis for being bearish at $0.26

1. Early selling pressure risk:

◦ In mid-July, during the initial launch, over 60% of trading volume was concentrated on PancakeSwap, and early investors (who hold 16% of the circulating supply) may concentrate their cashing out, lacking solid support after the $0.26 peak on the technical front.

2. Weak liquidity:

◦ Although it has listed on three major exchanges, the depth is insufficient, with the $0.14–0.15 range repeatedly forming a bottom, and market worries about the “good news being fully realized” after the airdrop are increasing.

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🚀 Three key trend breakpoints leading to $0.8

1. Accelerated deflationary mechanism + demand explosion:

◦ The data query volume has surged (from an average of 560 million times to a potential 6 billion times), with a 5% query fee accelerating scarcity through destruction. If the annualized destruction reaches 18.7% of the circulating supply, the actual circulating supply will shrink to below 30%, supporting a value reassessment.

2. AI ecosystem implementation + empowerment from giants:

◦ After Tencent's $15 million financing, it may integrate social/payment data with on-chain data to develop compliant stablecoins or cross-border settlement products, with $C potentially becoming the “Web3 version of WeChat Pay credentials,” leading to explosive user growth.

3. Monopolistic technical barriers + airdrop FOMO:

◦ After the on-chain AI large model Theia opens its API, it may become the underlying standard for AI Agents; combined with the “Chainbase Genesis” airdrop (referencing LayerZero's 5% share), a $50 million-level airdrop expectation is likely to attract retail investors to chase prices, boosting market capitalization.