Chainbase (C) Lists on Bithumb but the Unexpected Happened

Chainbase made a big move by announcing that its token, $C, would be listed on the Bithumb exchange. The listing happened on July 29, 2025, at 08:00 UTC.

This was a major step for Chainbase, especially with the growing interest from the Korean crypto community. The project even gave a warm welcome to Korean users, saying they were ready to build the DataFi era together.

At first, the market reacted in a very positive way. Right around 4 a.m. GMT+1, the Chainbase coin price spiked by more than 25%. The token jumped to as high as $0.46, and this early reaction showed strong excitement around the Chainbase listing on Bithumb—but that rally didn’t last long.

Chainbase Token Price Drops After a Short-Lived Spike

After reaching that $0.46 high, things took a turn. The Chainbase token price began to fall and continued dropping throughout the day. At the time of writing, it’s now trading around $0.34. That’s a 26 percent drop from its peak earlier in the day.

This kind of sudden movement isn’t unusual in the crypto world. New listings often bring fast surges in price followed by equally quick corrections.

Read Also: Analyst Explains How JASMY Could Spike to $1: Reveals JasmyCoin Potential

Even with the pullback, the listing still brings more visibility to the Chainbase coin. Now, all eyes are on how it performs in the coming days as it settles into its new exchange environment.

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The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.

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