Summary
- Binance has announced the new listing of the Chainbase (C) token.
- The C token will have a 'seed tag' applied, indicating high price volatility.
- It was reported that the price of the C token surged 46.6% in the short term following the listing news.
Global cryptocurrency exchange Binance is listing the AI data network project Chainbase (Chainbase, C).
On the 18th, Binance announced, "Binance will list Chainbase (C) spot at 23:00 (KST) today." Trading will be supported on the USDT, USDC, BNB, FDUSD, and TRY markets, and the C token will have a 'seed tag' applied. The circulating supply at the time of listing will be about 160 million (16%) out of a total of 1 billion tokens. The seed tag is applied to tokens with more price volatility compared to those already listed.
On this day, the price of C showed a short-term surge following the news of the token listing. According to cryptocurrency-focused media outlet Blockbit, C recorded a 46.6% jump from the previous day, reaching $0.242.
Meanwhile, Chainbase is a hyperdata network that provides high-precision data for AI applications across multiple chains. It currently supports smart contracts based on Base Chain and BNB Chain.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
