ZORA (ZORA) has pumped 64.71% in the last 24 hours.

Gate News Bot message, on July 21, according to CoinMarketCap, as of the time of writing, ZORA (ZORA) is currently priced at $0.02, with a 24-hour rise of 64.71%, reaching a high of $0.02 and a low of $0.01, with a 24-hour volume of $127 million.

Zora is a decentralized NFT creation and trading platform aimed at providing creators with a better value capture mechanism. Users can create, showcase, and trade NFT assets such as digital artworks on Zora.

Important news about ZORA recently:

1️⃣ ZORA Token Airdrop Draws Market Attention The ZORA platform recently conducted a token airdrop, but the lack of a formal announcement has caused some confusion. Users need to manually claim the airdrop tokens, a process that increases market participation and also enhances the visibility of ZORA.

2️⃣ New Trends in the Web3 Creator Economy As an important participant in the Web3 creator economy, the token issuance of the ZORA platform is seen as a significant milestone in this field. This move is expected to encourage more creators and users to engage in decentralized digital content creation and trading.

3️⃣ Investors remain cautious about VC-backed tokens Despite the strong initial performance of the ZORA token, the market remains cautious about tokens backed by venture capital. This sentiment may affect ZORA's short-term price performance, and investors need to closely monitor subsequent developments.

From a technical perspective, ZORA's price and volume have both shown significant pump, but it remains to be seen whether this trend can be sustained. On the fundamental side, ZORA's positioning as an NFT and Web3 creation platform still has long-term development potential, but it faces fierce market competition.

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