ZORA (ZORA) has pumped 2.78% in the last 24 hours.

Gate News Bot消息，August 19, according to CoinMarketCap, as of the time of writing, ZORA (ZORA) is currently priced at 0.11 USD, with a 24-hour pump of 2.78%, reaching a high of 0.13 USD and a low of 0.09 USD. The current market capitalization is approximately 354 million USD, an increase of 9.57 million USD compared to yesterday.

Zora is a decentralized content creation and sharing platform where users can publish, trade, and collect digital content. The platform aims to provide creators with a better value capture mechanism, realizing a new paradigm for content creation.

Important news about ZORA recently:

1️⃣ The rise since launch has been significant Since its launch, ZORA has achieved a cumulative rise of 365%, setting a new historical high. This strong performance reflects the market's recognition of the potential of the Zora platform and investors' confidence in its long-term development prospects.

2️⃣ Base ecosystem expansion drives ZORA pump The Base network has surpassed Solana in daily token issuance, a change primarily driven by the Zora platform. Zora's "Creator Coin" model transforms content into tradable assets, combined with the Base App's transition to a SocialFi entry point, resulting in a rise of over 500% for the ZORA token in the past month.

3️⃣ Zora platform activity sets a new historical high After the re-launch of the Base App, the activity on the Zora platform has significantly increased. The platform has minted over 1.6 million creator tokens, attracting nearly 3 million independent traders, with a total trading volume of $470 million. This explosive rise reflects the strong interest in the Zora platform and the ZORA token.

From a technical perspective, the ZORA token price is highly volatile. Although it has performed strongly recently, it has also experienced significant price fluctuations. Investors should closely monitor the development trends of the creator economy on the Base chain, as well as the long-term sustainability of the Zora platform.

This message does not constitute investment advice, and investors should be aware of market volatility risks.