ZORA Drops as Creator Coins Disappoint Yet Again

It’s been a volatile 48 hours for Base ecosystem supporters, with spirits reaching rejuvenated highs after the viral video journalist, Nick Shirley, released a creator token on Base via Zora, only for it to crumble less than two days later, with the token dropping by 80%.

As a result, ZORA is having a rough day, falling more than 4% to $0.038 over the last 24 hours, despite BTC and ETH posting modest gains of around 1% today.

ZORA 7-day price chart. Source:CoinGecko

Following Shirley’s token flop, even the most devout Base supporters are beginning to write off the creator coin ecosystem.

Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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