Zora trading on Binance is significant for several reasons ¹ ²:
- *Increased Accessibility*: Binance's listing of Zora (ZORA) on Binance Alpha provides users with easier access to the token, enabling them to buy, sell, and trade it more efficiently.
- *Exclusive Airdrop*: Binance offered an exclusive airdrop of 4,276 ZORA tokens to eligible users who spent at least $50 on Binance Alpha between March 22 and April 20, 2025. This incentivizes early participation and rewards users for their engagement.
- *Decentralized Media and Creator Economy*: Zora is a protocol built to power decentralized media and on-chain creativity, allowing creators to mint, trade, and showcase media on-chain without relying on centralized gatekeepers. Its focus on creator sovereignty has resonated with Web3-native communities.
- *Growing Adoption*: The listing of ZORA on Binance Alpha signals growing confidence in Zora's long-term role in decentralized media and its potential for adoption in the creator economy.
- *Trading Opportunities*: With the ZORA/USDT futures contract available on Binance with 50x leverage, traders can now speculate on the token's price movements and potentially profit from its volatility.
- *Market Exposure*: Zora's presence on Binance expands its market exposure, potentially driving adoption and increasing its user base.
*Key Features of Zora (ZORA)*
- *Token Supply*: 10 billion ZORA tokens were allocated, with 1 billion tokens (10%) reserved for the airdrop.
- *Token Distribution*: 18.9% of the total token supply will go to the official team, 26.1% to project advisors, 20% for community incentives, 5% for liquidity, and 20% for treasury.
- *Market Capitalization*: Zora's market capitalization is approximately $172,211,823, with a fully diluted valuation of $534,810,464.
- *Trading Volume*: The 24-hour trading volume of Zora is around $113,754,907.72, representing a 24.30% decrease from one day ago ³.