ZORA (ZORA) rose 52.21% in the last 24 hours

Gate News Bot news, on October 10, according to CoinMarketCap, as of the time of writing, ZORA (ZORA) is currently priced at 0.09 USD, having pumped 52.21% in the last 24 hours, with a high of 0.09 USD and a low of 0.05 USD. The current market capitalization is approximately 381 million USD, an increase of 131 million USD compared to yesterday.

Zora is a decentralized creator platform dedicated to providing artists and creators with better value capture mechanisms. Users can create, share, and trade digital content on the platform, including images, videos, and audio.

Recent important news from ZORA:

1️⃣ The launch of perpetual contracts drives a surge in trading volume Multiple trading platforms have added ZORA perpetual contract trading pairs, significantly enhancing ZORA's liquidity and trading depth. This move has attracted more investors to participate in ZORA trading, driving a rapid rise in price.

2️⃣ Base ecosystem development promotes ZORA demand As an important part of the Base ecosystem, ZORA benefits from the continuous development and user growth of the Base network. With the ongoing enrichment of Base ecological applications, the usage scenarios and value of ZORA are also rising, attracting more investor attention.

3️⃣ The NFT market recovery drives increased activity on the ZORA platform Recently, the overall NFT market has shown a warming trend. As a decentralized creator platform, ZORA directly benefits from the increase in NFT trading demand. The rise in platform activity further drives the value increase of the ZORA token.

From a technical perspective, the ZORA price has shown a strong rise after breaking through previous resistance levels, but it may face some pullback pressure in the short term. Investors should closely monitor the performance of price support levels to assess the potential for further rises.

This message is not intended as investment advice; investors should be aware of market volatility risks.