The $CHESS token, associated with the Tranchess protocol, is experiencing significant volatility ahead of its scheduled delisting from Binance on February 13, 2026. The token's price is currently at $0.01, with a 30.85% change ¹.
Key Developments and Updates
- Binance Delisting: Spot trading for $CHESS will cease on Binance, drastically reducing accessibility and liquidity.
- $WEEX Delisting: $WEEX has also delisted CHESS perpetual futures, further eroding derivatives market support.
- Price Predictions: Analysts predict a potential 5% growth in 2026, with a price target of $0.043018 ² ³.
Tranchess Protocol Overview
Tranchess is a tokenized asset management and derivatives trading protocol, offering a range of investment products with varying risk profiles. The protocol's governance token, $CHESS, enables holders to participate in voting and receive rewards ⁴.
Market Sentiment and Technical Analysis
The consensus on $CHESS is bearish, driven by the delisting announcement. However, some traders see value at current lows, with a bullish price target of $0.0265 ² ⁵.
Would you like to know more about Tranchess' roadmap or potential price movements?
#CHESS/USDT #CHESSUpdate #WEEX