Chainbase (C) Sees Unprecedented 63% Price Surge Following Binance Airdrop Announcement

Binance has taken the cryptocurrency market by storm with its latest airdrop announcement, as Chainbase (C) has seen an extraordinary 63% surge in value just hours after listing. This significant increase is attributed to the massive 20 million token drop awarded retroactively to BNB holders who participated in Simple Earn and On-Chain Yields between July 6th and 9th, UTC.

The airdrop saw a whopping 20 million C tokens being dispersed to eligible users, representing only 2% of Chainbase’s total supply. This historic snapshot of BNB balances during the specified period granted existing holders with an additional 20,000,000 C tokens without any interaction required from the user side.

Trading is now live for C against USDT, USDC, BNB, FDUSD, and TRY, with a warning label indicating high-risk and high-volatility. This early-stage project has garnered significant attention due to its innovative infrastructure solution aimed at providing decentralized AI model real-time data streaming and analysis on top of the BASE Chain and BNB Chain.

Chainbase is dedicated to enabling connectivity between blockchain-native data and AI 2.0 applications, ensuring developers have seamless access to blockchain processing for their AI projects.

Source: www.cryptoninjas.net