$ZORA hits an all-time high, rising 1460% in the last month amid a surge in user activity. 🚀

Daily trading volume hit $340.3 million, up 100.2%, with Coinbase leading at 27.23% of total activity.

ZORA breakout confirmed. Structure mirrors the last 533% rally at $0.33549 this/next week. 💹

The momentum building fast with RSI at 72.37, MACD bullish crossover), overbought signals and derivatives imbalances suggest volatile consolidation ahead.

➡️ The rise isn’t limited to the price. Zora, a blockchain platform has also seen a dramatic uptick in user engagement.

➡️ The number of creators on the platform has increased more than tenfold compared to last month. The number of unique coin traders has reached 2.92 million, reflecting growing engagement and participation.

➡️ Binance launched ZORA perpetuals with 50x leverage on Aug 10, increasing leverage attracts traders, boosting demand and driving ZORA price.
#BinanceAlpha