$ZORA Suddenly increased by 4.19%🔥, here are the latest news and sentiment summary:
- The Zora ecosystem recently launched the DEPLOYER token, enhancing deflationary pressure through a platform fee buyback mechanism, and aligning with the trend of creator coins, expected to drive the ZORA price further up.
- The community launched a 1.25 million ZORA trading reward program, encouraging users to participate in trading of deployer, realgarrytan, and other tokens to attract more liquidity.
- Technical analysis shows ZORA price stabilizing at the support level of $0.04, with a potential rebound to the resistance area of $0.044 in the short term, overall market sentiment indicates 70-80% positivity, with institutional adoption and content creator migration being key positives.
- Operational suggestion: Consider going long on ZORA contracts in the short term, target price $0.05, set stop loss below $0.04, be aware of FOMO risk, and avoid chasing highs.
#ZORA