ZORA listed on Uni just a few days ago and the price is just 2x from listing (0.5 eth - 1 ZORA). It's literally THE CHEAPEST oracle project in crypto and is focused on the privacy aspect of smart contract data transfers, confidential credit checks and the privacy of identity: coingecko.com/en?category_id=oracle&view=market
Market cap only $3 million Circulating supply/Total supply: 4744/10000 ZORA
>Zoracles partners with DeFi projects using Open Oracle with zero-knowledge proofs to provide confidential data to smart contracts.
I think the high price makes it look undesirable to most, think thats why API3 is doing so well, see it as a lower price than link. This is a 10x smaller marketcap than that though, think itll catch on soon.
Also there will be very little dumps from the 100 wallets as they want to retain board seats and are likely partners with a vested interest in the protocol. soooo basically the circulating trading supply is very low.
Alexander Phillips
few big partners using/bit of marketing and wouldnt be suprised to see this rockets its way to top 100-150. Privacy is a big issue with oracles data, especially when its financial data such as credit checks.
Gather around gents. While everyone is drooling over API3 which currently already has a market cap of 44M, this absolute GEM with barely a 3M market cap is being gobbled up by people who pay attention. for instance, let’s take a look at our most recent whale that market bought 130 ETH worth of ZORA last night.
Now, why the fuck would this fella, with over 2M in assets (that we know of), want a 1% ownership of this shitcoin called Zoracles? just look at his past transactions. Chainlink ICO in 2017, AAVE in 2019, then YFI and farming in 2020. This man does not fucking miss. His 2 recent big investments have been Keep3r and Zoracles. It’s very clear what’s happening here, I’m not gonna spell it out for you but it’s simple. if you want to be rich, just copy trade whales like him.
Jeremiah Hughes
unironically the correct take
guy didn't care at all about slippage so he was comfortable buying in at a high average level he's probably in it for the long term for a reason
As a HIGH IQ --investor-- I of course loaded on on Zora. Easiest trade of the quarter desu. That market cap size is tiny, the fully diluted which I rarerly look at is also microscopic. No VC bros to dump on us either.
David Hall
what's your price target?
Cooper Gonzalez
Feels like such an easy play can it really be this easy anons? Why is this still stealth
Joshua Ramirez
honestly the sealth is good for accumulation once the first real partnerships are announced there wont be any chances to buy in cheap anymore
Isaiah Sanders
YFI levels
Josiah Anderson
that's around 40x, actually doesn't even sound insane
Elijah Rodriguez
yep and with a 1/3 of the supply puts it at around 300million diluted marketcap.
Oliver Johnson
in the current bullrun I wouldn't be surprised if it happened way sooner than we think
