17h ago
$ZORA is a golden combo of
1. Game-able + Game-worthy topline numbers (because people want to farm for Base airdrop).
2. (The idea of) a reflexive token design - all trades on the platform has to be routed through $ZORA, same model as Virtual.
3. A price agnostic buyer looking to push prices up as much as possible - This is likely the last product that can get mass traction before market cools completely this cycle. CB is putting everything behind it.
4. Near complete hatred/apathy from natives - CT: Creator coin? Gay.
5. No prior valuation framework - no one has really built a mass market social media in crypto with a token. Either they were too incompetent or just malicious.
No prior example = no hard valuation ceiling.
Only ceiling I'm watching for right now is the $10~15B range established by $PUMP and $XPL
Which is still 10x away
9.81K
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