On May 26, Balaji Srinivasan, the former Chief Technology Officer of Coinbase, launched a commemorative token for his new book "The Network State" on the Zora network this morning. After breaking through a market value of $7 million, the token has now fallen to $4.5 million, with a trading volume of $4.3 million since its launch.
Previously, ZORA had risen by over 30% in the past 24 hours.
BlockBeats reminds users to be cautious when investing in such tokens due to their high price volatility.






