#ZORA Market value skyrockets to 64 million dollars! A 69% surge in 24 hours, is the BASE chain going to become the new wealth code?
Brothers, ZORA is taking off again! The market value has directly exceeded 64 million dollars, with a shocking 69% increase in 24 hours! This wave of market activity is simply explosive! However, while the #BASE chain is extremely hot, other top tokens are lagging behind a bit, why is that? Let's quickly analyze!
Base App integrates content tokenization: The Base App, incubated by Coinbase, has recently launched and directly integrated ZORA's technology, allowing users to tokenize posts directly on social platforms, making ZORA a key fuel! 25
On-chain content tokenization explosion: Data shows that the token minting volume on ZORA has doubled, breaking 10,000 in a single day, with ecological activity at an all-time high! 5
Large funds entering the market: ZORA's fully diluted valuation (FDV) rebounded from 90 million dollars to 210 million dollars, with institutions and large holders starting to position! 5
ZORA stands out alone: Benefiting from the social finance (#SocialFi ) boom in the Base ecosystem, ZORA has become the biggest winner.
Other tokens stagnant: Established projects on the BASE chain like Aerodrome (#AERO ) and Brett (#BRETT ) have performed mediocre recently, with funds possibly still on the sidelines.
Market rotation effect: Funds are currently favoring new narratives such as AI, MEME, and SocialFi, while old DeFi projects are temporarily overlooked.
🚀 How to play next?
Short-term players: If ZORA can stabilize at 0.022 dollars, it may continue to rise, but beware of profit-taking selling!
Ambush strategy: You can pay attention to potential projects on the BASE chain that have not yet exploded, such as CLNKER and AERO, while waiting for fund rotation.
Long-term layout: The BASE chain is backed by Coinbase, looking optimistic in the long run, but short-term volatility is high, don't get caught in the hype.
How high do you think ZORA can go this time? Will the BASE chain usher in a comprehensive explosion? Let's discuss your views in the comments! 👇$BNB