A potential goldilocks scenario is playing out for @zora : - Perfectly designed flywheel that directs all economic value to the $ZORA token - Taps into @coinbase’s and @base’s massive distribution network - Despite the pump, still cheap on a relative basis to peers and to last round (raised at $600m FDV) - First time $ETH has meaningfully outperformed all cycle - Listed on Hyperliquid perps - @pumpdotfun completely botched the $PUMP token, opening the way for competitors like Zora to cement market share

Coined this post: