trade

the $zora tape is hyper reflexive right now

rotations get backfilled in seconds — new liquidity, not cannibalization

the yoyo keeps capital bouncing between creator coins & zora instead of exiting, while bots compress the loop:

signalers enter → copy-traders chase → early entrants take profits (routing value back into zora/creator coins) → bots re-bid the dip

net effect: momentum that feeds on itself; fresh liquidity layers on top of old: it’s momentum² — botted ponzu within closed walls 

caveat: the same convexity runs in reverse

july: big cap memes vs $zora

reflexivity is a hell of a drug

Building askgina.ai | prev: blockchain research @coinbase | sidshekhar.com