Content Coin Trend Gains Traction: ZORA Token Debuts on Coinbase
Fresh Take: Coinbase Backs Zora and Mantle, Stirring Up the Crypto Market
In a recent shakeup, crypto exchange giant Coinbase has added two intriguing tokens to its roster: ZORA and Mantle (MNT). This move has sent ripples through the crypto world, with both tokens seeing a buzz of activity.
ZORA, The Star of the Show
Coinbase announced the arrival of ZORA on its platform via an April 25 post. Designed to tokenize content, ZORA was just two days old at the time of listing. Launched via an airdrop on April 23 and already listed on Binance Alpha, Bybit, Bitget, KuCoin, Gate, MEXC, and Bitrue, Coinbase's seal of approval has further solidified ZORA's presence in the crypto market.
The listing came with a word of caution, though. As a newer token with lower trading volume, ZORA carries the Experimental label. This means traders should be aware of increased volatility, liquidity issues, and the potential for order cancellations[1].
Mantle (MNT) Tags Along
Accompanying ZORA on Coinbase's listing roadmap is Mantle. While the exact date of listing is yet to be determined, MNT has already experienced a surge in value since the announcement, up by 6.5% over the past day[2].
ZORA's Journey So Far
Tracing back to 2019, Zora has been a trailblazer in tokenized creativity. From launching limited-edition cassette tapes to developing onchain auction houses, ZORA has made its mark in the digital art world[1].
The $ZORA token serves as a symbol of creativity, community engagement, and participation within the Zora ecosystem, without offering direct financial or governance benefits[1][2].
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[1] Coinbase[2] BeInCrypto (Pollak's Support for Content Coins)[3] Trust Project Guidelines[4] Zora History and Purpose (Enrichment Data)
- Coinbase's addition of ZORA and Mantle to its platform has stirred up the crypto market, with both tokens seeing increased activity.
- ZORA, a new token designed to tokenize content, was listed on Coinbase on April 25, already having been listed on several other platforms prior.
- The listing of ZORA on Coinbase came with a warning, as it is a newer token with lower trading volume and carries the Experimental label.
- Mantle (MNT), another token being listed by Coinbase, has seen a surge in value since the announcement, even before its official listing date.
- ZORA, which has been a trailblazer in tokenized creativity since 2019, launched limited-edition cassette tapes and developed onchain auction houses in the digital art world.
- The $ZORA token symbolizes creativity, community engagement, and participation within the Zora ecosystem, but does not offer direct financial or governance benefits.
- To unleash your trading potential, consider using platforms like Uphold, eToro, Plus500, Coinbase, and Moonacy.
- Always verify facts independently and consult with a financial or crypto expert before making investment decisions, as BeInCrypto strives for unbiased, transparent reporting.
