It might be good to revisit the $ZORA thesis by @0xSleuth_ as the @base token may launch soon. ZORA will be one of the top platforms that will benefit from this as people flock back to farm for "points" on the base app.
i started a $ZORA position
thesis:
> the new base app is all about posting content and getting paid for it, all of that is powered by the Zora platform
therefore you could literally say the coin of the Base app is Zora, all of the shilling that Jesse and the team have been doing is literally shilling Zora
> The base app is still in beta yet all Zora metrics have spiked up recently and are trending upwards
while I don't agree with the idea of coining everything and downgrading the idea of a coin to just a dumb post or picture, it seems like the Base team aren't giving up on pushing that narrative, so buying $zora is betting that their idea will succeed
even if it doesn't, zora did raise $60M from CB ventures and paradigm and is sitting at ~$40M marketcap, is listed on cb, bybit (and multiple lower tier CEXs) and the chart is finally starting to look good again
i have gotten burnt on this coin before though, so will cut if i see any weakness (in the chart or in zora metrics)
12.83K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.