On July 18, Binance announced the addition of Chainbase (C) to its platform and the introduction of HODLer Airdrop. The Chainbase project aims to build a Hyperdata Network for AI.
HODLer Airdrop Details by Binance
Binance announced that users who subscribed their BNB to Simple Earn products from July 6 to July 9 will have a chance to participate in the airdrop. Key points include:
- The total Genesis token supply is 1 billion C tokens. - 20 million C tokens, or 2% of the total supply, will be distributed in the HODLer Airdrop. - An additional 10 million C tokens will be allocated 3 months after the listing. - At the time of listing, 160 million C tokens will be in circulation.
Chainbase (C) Listing on Binance
According to the announcement, Binance will list C on July 18 at 14:00 (UTC). The following pairs will be available for trading:
- C/USDC - C/USDT - C/FDUST - C/BNB - C/TRY
C will be tagged as Seed, indicating higher volatility due to it being a new project.
Chainbase Price and Market After Announcement
Before the announcement, C was priced around $0.16, but it surged over 73% following the details of the listing, reaching a new all-time high. Currently, C is trading above $0.32 with a market cap exceeding $52 million.
The listing of Chainbase (C) on Binance highlights the growing interest in the project and its potential in the DataFi space. Investment in new tokens entails careful risk assessment.
