Cryptobabs

@cryptobabs

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627 Followers

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Market is down but $Degen will surely rise.

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Degen is growing. Don't doubt it.

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On Tuesday's canvas, colors of routine blend, A day where beginnings and middles tend. With purpose renewed, dreams ascend, Tuesday whispers: "This journey, we'll transcend." Happy Tuesday @arjantupan

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Founders are actually leaders.

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Degen to $1 Yes, l agree.

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In silence, whispers of the soul arise, A tranquil symphony beneath the skies. Words unspoken, yet deeply understood, In silence, hearts commune as they should. Silence can be golden oftentimes.

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On Tuesday's dawn, the world awakes, A day of promise, as the sun breaks. With morning's light, hopes arise, Underneath the clear blue skies. In bustling streets, and quiet lanes, Tuesday's tale begins again. A rhythm steady, a pace so true, Each moment fresh, each path anew.

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To find even more collections and show maximum activity in the network — follow the current NFTs on mint.fun and Holograph. In conclusion, it can be said that Zora has all the chances to distribute a drop in 2024!

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For invited friends who mint NFTs, you will receive additional rewards in ETH. Periodically, it’s worth browsing tasks in Intract — as there may also be tasks with Zora.

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If you have enough ETH in the Zora network, it’s worth minting ZORBS NFTs on OpenSea (many projects in the ecosystem can also drop for them, including meme coins). Minimum price for 1 Zorbs: ~0.0295 ETH:

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It’s worth noting that most NFTs in Zora have a strict minting fee in the network — 0.000777 ETH (keep this in mind when choosing suitable NFTs). The main NFT in Zora worth minting is the Guild on Zora (there is a chance that thanks to this NFT, you will be able to receive other drops from the Zora ecosystem):

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Currently, Zora is the base for high-profile NFT drops: Doge Meme (sold for $4m) — making the project one of the global players in the NFT industry.

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It is worth noting that most projects can use Zora to release official collections, which can also serve as criteria for receiving drops in them. Looking at Dune Analytics, it can be noticed that the majority of users interacting with Zora Bridge do not have NFTs in Zora:

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Looking at Zora’s TwitterScore, you can immediately see subscriptions from TIER-1 funds: CoinBase, a16z, Paradigm, Electric Capital, and so on. The project also has subscriptions from major ecosystems such as Ethereum, Solana, Cosmos, Polkadot.

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In terms of investments, Zora began raising funds as early as 2020 until May 2022 from major funds such as CoinBase Ventures and Haun Ventures, raising a total of $60m in investments!

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Some of the world’s most successful co-founders have had drastically different outlooks and skill sets, but it was often those differences that made the relationships work. Combine a sales-minded dreamer with a genius engineer, or combine a punk rocker with a hip-hop pioneer.

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98% of all Zora liquidity is on Uniswap, which historically distributed the largest drop and is currently one of the major DEXs (#23 CoinMarketCap):

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In 2033, Zoracles will try to reach the lowest level of $609.16. It may try to get the maximum and next top tier of $633.10 with the average forecast price of $627.76. It may break the previous high and go forward to its next level. If everything drives smoothly, we predict it will reach its next level.

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As seen, Zora has around 200k subscribers. This may indicate that there are not so many active users in Zora, making it easier to qualify for a large drop than drops in LayerZero or zkSync. According to DeFiLlama, Zora’s TVL is ~$2.33m, with the highest TVL peak being on April 10 — when BTC attempted to break ATH.

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