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ZORA Price Prediction: A Big Pump of 55% Overnight Reaches a Historical High! Is the $0.25 Target Achievable or Is a Bubble Emerging?
The native Token ZORA of the blockchain-based social creator platform has been soaring, experiencing a big pump of 55% overnight, reaching a historic high of $0.1409. Although it has now retraced to $0.126, it has surged over 1500% from the June low of $0.00777, approaching the $500 million market capitalization threshold, sparking speculation about hitting $0.25 (the $1 billion market cap club). However, on-chain data reveals a sharp decline in new users and a drastic drop in activity, indicating fundamental concerns that diverge significantly from the current price movement. The technical indicators show an RSI of 72, indicating serious Overbought conditions, and in the short term, attention should be paid to the key support at $0.13; a breakthrough of the resistance at $0.16 may open up upward space.
ZORA surges wildly: 1500% rise targets 1 billion market capitalization
Social Platform Model Analysis: How Creator Coin Drives the $0.25 Target
Technical Analysis: Ascending Channel Maintained but Overbought Warning
(Source: TradingView)
Fundamental Concerns: On-chain Data and Price Severely Diverge
Conclusion: The Game between Technical Frenzy and Fundamental Alerts ZORA has ignited market enthusiasm with its innovative Creator Coin mechanism and integration with the Base blockchain. The short-term technical structure still maintains upward potential, with the $0.16-$0.17 range becoming the next target for bulls. However, fundamental risks revealed by on-chain data, such as new user exhaustion and collapsing activity levels, hang over like the sword of Damocles. Investors need to closely monitor the strength of the $0.13 support and be wary of retracement pressure under an Overbought RSI. Whether it can hit the $0.25 milestone will depend on whether the platform's real user growth can match current market frenzy expectations; otherwise, the "Token economics innovative narrative" may struggle to withstand valuation corrections brought about by deteriorating fundamentals.