@maryry
Market Performance and Controversy:
The $ZORA token launch was hyped as a milestone for content creators, but its early price crash led to accusations of insider trading and poor liquidity management. Posts on X highlighted instances where wallets sniped large portions of the token supply, profiting significantly.
Base, closely tied to Zora, faced backlash after promoting a “Base is for everyone” token on Zora, which crashed 95% before recovering. Base clarified it was an experimental “contentcoin” and not an official token, but traders called for more responsibility from major platforms.
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