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Zora Token Surges 44% Amid Balaji Srinivasan’s ’Network State’ Launch
Zora Token Surges 44% Amid Balaji Srinivasan’s ’Network State’ Launch
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Zora’s cryptocurrency skyrocketed 44% on May 26, 2025, following the launch of ex-Coinbase CTO Balaji Srinivasan’s ’Network State’ token on its platform. The rally underscores how high-profile projects can ignite volatility in digital asset markets, even amid persistent regulatory and security concerns.
Market observers note the MOVE reflects both speculative fervor and the growing influence of decentralized platforms in shaping token valuations. Srinivasan’s involvement appears to have acted as a catalyst, drawing attention to Zora’s infrastructure capabilities.
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