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ZORA Token Tanks as VC-Bagholder Fears Spook Traders

ZORA Token Tanks as VC-Bagholder Fears Spook Traders

Coindesk
Author:
Coindesk
Release Time:
2025-04-24 12:45:32
0

Shiny New ZORA Token Loses Its Spark as Traders Remain Wary of VC-Backed Tokens

Another day, another ’disruptive’ token bleeding out on the charts. ZORA’s much-hyped debut fizzles faster than a meme coin in a bear market—proving once again that ’smart money’ often means ’dumb exits.’

VC-backed projects keep playing the same tired game: hype the narrative, dump the supply, leave retail holding the bag. But this time? The degens aren’t biting.

Funny how these ’long-term bets’ always seem to crash before the VCs’ lockup periods expire. Almost like clockwork—or a rigged game.

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