$ZORA ’s recent 19% price surge came amid renewed attention to the NFT and creator economy sector, which itself rose around 2%.
First, the DUNI token, launched on Zora by the Uniswap Foundation, exploded in value (over 8,000% in a day, reaching about $7 million market cap). That kind of performance drew traders and attention to the Zora platform itself.
Second, Zora benefits from its position as infrastructure for creator tokens and NFTs. When the NFT sector moves, Zora often reacts faster and harder.
Do you know the third reason?
$ZORA ’s range is getting interesting.
After the last run, it's been chopping sideways between 200M and 600M mcap
Looks like smart money is accumulating, not exiting.
The $200M zone got defended multiple times, showing strong hands.
The $600M mark keeps rejecting, but once that breaks with some volume, it will go to 1B non stop.
Our first target was 500M and we sold it above that price in good profits (5X)
This narrative still has legs because it sits at the intersection of attention, ownership, and liquidity
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