ZORA Token Tanks as VC-Bagholder Fears Spook Traders
Another day, another ’disruptive’ token bleeding out on the charts. ZORA’s much-hyped debut fizzles faster than a meme coin in a bear market—proving once again that ’smart money’ often means ’dumb exits.’
VC-backed projects keep playing the same tired game: hype the narrative, dump the supply, leave retail holding the bag. But this time? The degens aren’t biting.
Funny how these ’long-term bets’ always seem to crash before the VCs’ lockup periods expire. Almost like clockwork—or a rigged game.