Zora creator coins dey push Base pass Solana for token launches
Base, Coinbase Ethereum Layer 2 network, don don pass Solana for daily token launches after people start mint plenti Zora-powered creator coins for Base app. Zora smart contracts dey automatically mint ERC-20 token anytime person share social content, e don make over 1.6 million token launches for weeks. Almost 3 million traders don push $470 million trading volume. The top creator coins be Zeebu (ZBU) with $487.9 million market cap, Wormhole (W) at $355.8 million, and Zora (ZORA) at $205.3 million. The main ZORA token market cap jump 185% since April, e reach $310 million by late July. Even though the growth fast, most trading dey done by short-term traders, this one dey raise questions if e go fit last. Base creator Jesse Pollak don beg crypto funds make dem hold long-term positions for creator coin indexes to help stable growth. Base app wey dem rebrand from Coinbase Wallet now get SocialFi features, USDC payments, on-chain identity, and dApp discovery, e confirm say Base dey play big role for the new on-chain creator economy.
Bullish
Di surge wey happen for creator coins for Base and how e don pass Solana for daily token launches dey show say network usage and trader interest dey grow. High trading volumes plus new token issuance dey attract liquidity and speculative capital, wey dey boost demand for Base ecosystem tokens like ZORA. Even though short-term traders dey dominate now, if institutions follow long-term positions as Jesse Pollak recommend, e fit stabilize market. Just like how early token launches and airdrops for other chains dey drive on-chain activity and price rise, Base creator economy fit support sustained growth, making di outlook bullish for ecosystem tokens and Layer 2 adoption.