Zora’s airdrop set for April 23, allocating 10% of total supply, with price expectations between $0.02 and $0.03. Binance confirmed a listing, while Coinbase’s potential support heightens anticipation. Concerns over volatility and insider trading persist as launch approaches.
Coinbase-backed Zora is gearing up for one of the most anticipated crypto airdrops of 2025, scheduled for April 23. The team has allocated 10% of its total supply, or a whopping 10 billion ZORA tokens, for this purpose. However, the exact allocations for individual recipients haven’t been disclosed yet. With recent funding of $60 million, the excitement surrounding the ZORA token is palpable. Industry analysts are now weighing in on what this might mean for the token’s price at launch.
The distribution details of the ZORA token are noteworthy, with 20% set aside for community incentives and another 20% for the treasury. The team itself will receive 18.9%, while 26.1% is allocated to strategic contributors. Notably, 5% has been reserved for liquidity requirements. Investors are cautiously optimistic about a price rally post-launch, banking on the support from the Base network team. Snapshots for the airdrop were taken during two distinct periods: the first from January 1, 2020, to March 3, 2025, and the second from that point until April 20, 2025.
On the exchange front, Zora’s on-chain activity is noteworthy, with over 6 million active addresses noted and around 87 million transactions recorded. Additionally, support from the Base team may enhance ZORA’s prospects, with listings on several top crypto exchanges likely. Notably, Binance has already confirmed a listing for ZORA. While expectations of Coinbase listing soon are high, no official word has emerged on the token’s launch price yet.
Experts predict that the ZORA token could debut at a price point between $0.02 to $0.03, but there is a wide margin of uncertainty here. Such figures are merely forecasts, and the reality might differ significantly.
As the launch draws near, there’s palpable excitement and anxiety in the market. Some investors express concerns over potential insider trading, given the token allocation percentages. As with other airdrops, expect initial volatility that could impact the ZORA token’s value. Investors are urged to tread carefully and manage their trades wisely to navigate this upcoming launch.
