ZORA (ZORA) has pumped 6.10% in the last 24 hours.

Gate News Bot news, on August 25, according to CoinMarketCap, as of the time of writing, ZORA (ZORA) is currently priced at 0.11 USD, with a 6.10% rise in the last 24 hours, reaching a high of 0.13 USD and a low of 0.08 USD. The current market capitalization is approximately 367 million USD, an increase of 21.1 million USD compared to yesterday.

Zora is a decentralized social media and content platform that allows users to create, share, and trade digital content. The platform aims to provide creators with better value capture mechanisms and opportunities for community engagement.

Important news from ZORA recently:

1️⃣ Significant rise since listing Since its launch, ZORA has accumulated a rise of 365%, reaching an all-time high. This strong performance reflects the market's recognition of the potential of the Zora platform and the confidence of investors in its long-term development prospects.

2️⃣ Base ecosystem expansion drives ZORA rise 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, coupled with the Base App's transformation into a SocialFi entry point, and the ZORA token has risen over 500% in the past month.

3️⃣ Zora platform activity hits a record 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 growth reflects the strong interest in the Zora platform and the ZORA token.

From a technical perspective, the price of ZORA tokens is highly volatile. Despite a strong recent performance, 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 is not an investment advice, please be aware of market volatility risks when investing.