Update: 
Starting marketcap on @zora is now $22 (~60x lower)

This includes:
+ Improving liquidity across the market
+ More expensive to snipe large amounts
+ More posts getting more volume (not just viral ones)

We'll keep working getting this as low and liquid as possible.

Here's a way to think about this:  

Zora is creating markets to discover the true value of content. 

Most pieces of content are worth non-zero but not thousands of dollars.  

So actually we need to get this as low as possible over time for efficient markets.

do you believe there's a path dependence to equilibrium price discovery for content coins?

same content...
1/ launches, pumps 1000X, crashes, equilbrates at $X
2/ launches, fluctuates moderately and grinds to $Y

does X = Y?

Probably X > Y because a 1000x alone is likely going to get net more attention (holders, distribution, liquidity) than Y would otherwise. 

I don't know how much more but definitely more.