Looks like $ZORA has finally bottomed out
A $120M FDV for the main launchpad on Base seems cheap to me, given comparables like $PUMP, $BONK, and $LAUNCHCOIN.
Pros
- Getting a big push from Base
- Flywheel tokenomics
- FUD at token launch means sellers are likely all out
- Favorable comparisons to $PUMP, $BONK
Cons
- Stats have fallen off just like $PUMP and are nowhere near ATH levels
- Sentiment is pretty toxic within the community
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