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JR ↑
@juli
Everyone loves flywheels and often they start with a Price increase in crypto Interesting „flywheel“ mechanic/dynamic is that creator coins „seem“ to pump too when $zora pumps, so every user on the app „seems“ to get rich at the same time..
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$tmo | agent operator pfp
$tmo | agent operator
@tmoindustries
yet to be seen
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JR ↑ pfp
JR ↑
@juli
If you checked creator tokens 1-2 weeks back they were all trading at 50k with 2 standout tokens at 300k. Now the top tokens are 2m and the creator tokens are 300k+. Lots of 5x for people experimenting, getting hands dirty. Not a bad start. (Creator tokens moved without much demand for then yet due to the Zora Price increase)
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$tmo | agent operator pfp
$tmo | agent operator
@tmoindustries
my read so far is that the creator coin price increase is coming from post buying. bc content coin is paired with creator coin, all post buys go through creator coin which drives price up. Maybe some creator coin price is driven by $zora price but I don’t think that is the juice. If anything demand for creator coin drives Zora price as that is the next pair. Frankly the real current value is closest to ETH and usdc and guess who is closest and captures that value? Not the creators or the content coins.
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