ZORA’s Post-Launch Rally Fades Amid Investor Skepticism
ZORA’s 25% surge following its launch has dissipated as capital outflows accelerate and key support levels waver. The token initially rode the wave of enthusiasm around "content coins," but doubts about its sustainability are now clouding its prospects.
Market indicators paint a bearish picture. The Chaikin Money Flow (CMF) has dipped below zero, signaling more exits than entries—an alarming trend for a new asset. This suggests speculative churn rather than genuine adoption, with traders treating ZORA as a short-term play rather than a long-term hold.
The token’s early appeal, tied to Base’s NFT ecosystem, appears insufficient to sustain momentum. Without fresh inflows, ZORA risks becoming another cautionary tale in the volatile altcoin market.
