i don't understand why people refuse to buy coins which are obviously winners, just because they are already 'pumped' and instead look for betas/coins the market considers losers for example after $zora pumped 2x there were alot of people shilling/buying #clanker (or some other socialfi coin) as a beta trade saying zora was too pumped already well clanker proceeded to do nothing while zora did another 2-3x if the market clearly decides on a winner, there is no reason to try and fight it, just zoom out a bit believe it or not the R:R is actually better

The better friendtech of crypto, also on base, backed by Coinbase and with a flywheel that brings massive value to its token Is being violently repriced

the first notable figure @balajis launched his creator coin on zora looking at the zora chart since it launched, we can see that the flywheel is indeed flywheel-ing $zora coin up 24% since (because the balaji coin is paired with zora) can only imagine what would happen if we have multiple prominent figures launching on there

They are on CNBC talking about the base app (which is powered by $ZORA) And you are selling NGMI

$ZORA is finally get repriced quite nicely but it is still sitting at $80m marketcap, to put that into perspective: $DEGEN, a farcaster airdropped memecoin is still sitting at $110M and peaked at $700M last year the latest VC round for $ZORA was priced at 600M which is $0.06 also, they literally raised $60m in cash from VCs

$ZORA is finally get repriced quite nicely but it is still sitting at $80m marketcap, to put that into perspective: $DEGEN, a farcaster airdropped memecoin is still sitting at $110M and peaked at $700M last year the latest VC round for $ZORA was priced at 600M which is $0.06

$zora started off as a memecoin (and was called one by its creators) but last month a pretty powerful flywheel was introducted and it actually has adoption with the new base app (which can be verified looking at metrics) and we all know how well tokens with actual flywheels do earlier in the year when i bought, it was simply a memecoin which explained the poor price performance but this time with the flywheel it is different

was gonna wait for a dip to tweet this, but whatever: > raised 60m > backed by paradigm, cb ventures > its a completely new narrative > ran by the base team > listed on coinbase, bybit, and multiple other tier 2-3s > was extremely hated at tge > token is up alot in the past 24hr, but price is still only back to tge price > has an insane flywheel token sitting at 70m

i started a $ZORA position thesis: > the new base app is all about posting content and getting paid for it, all of that is powered by the Zora platform therefore you could literally say the coin of the Base app is Zora, all of the shilling that Jesse and the team have been doing is literally shilling Zora > The base app is still in beta yet all Zora metrics have spiked up recently and are trending upwards while I don't agree with the idea of coining everything and downgrading the idea of a coin to just a dumb post or picture, it seems like the Base team aren't giving up on pushing that narrative, so buying $zora is betting that their idea will succeed even if it doesn't, zora did raise $60M from CB ventures and paradigm and is sitting at ~$40M marketcap, is listed on cb, bybit (and multiple lower tier CEXs) and the chart is finally starting to look good again i have gotten burnt on this coin before though, so will cut if i see any weakness (in the chart or in zora metrics)