{"id":5945,"date":"2025-07-27T18:04:05","date_gmt":"2025-07-27T18:04:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/zora-price-surges-600-binance-futures-listing-has-50x-leverage\/"},"modified":"2025-07-27T18:04:13","modified_gmt":"2025-07-27T18:04:13","slug":"zora-price-surges-600-binance-futures-listing-has-50x-leverage","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/zora-price-surges-600-binance-futures-listing-has-50x-leverage\/","title":{"rendered":"Zora price surges 600%, Binance Futures listing has 50x leverage"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Zora price continued its strong bullish trend on Saturday and neared its all-time high after the Binance futures listing.\u00a0<\/p>\n<div id=\"cn-block-summary-block_3a229846491305c1173a49b3112b9b48\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Zora price went parabolic and neared its all-time high.<\/li>\n<li>The latest Binance Futures listing triggered the surge.<\/li>\n<li>Whales and smart money accumulation has also contributed to the surge.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Zora (ZORA) spiked to $0.054\u2014up over 600% from its June low and just shy of its all-time high of $0.06293\u2014bringing its market capitalization to $194 million. The rally followed Binance Futures\u2019 decision to list the token with 50x leverage on Friday.<\/p>\n<p>This is notable since Binance is the world\u2019s largest cryptocurrency exchange. As a result, its 24-hour volume soared to over $230 million as demand jumped.\u00a0<\/p>\n<p>It is common for cryptocurrencies to experience a parabolic rise after being listed by a major cryptocurrency exchange. For example, the Ethena price surged by 25% on July 11 after its listing on Upbit.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Zora price jumped after its recent Base integration.<strong> <\/strong>It is now a key part of The Base App, a super app that offers numerous features, including payments, social media, and chat.\u00a0<\/p>\n<p>Zora is a key part of the Base ecosystem as its platform allows users to tokenize their social media posts. Its market share may continue as the Base App becomes more popular.\u00a0<\/p>\n<p>Meanwhile, there are indications that <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x1111111111166b7fe7bd91427724b487980afc69&amp;chain=base&amp;tab=whales\" target=\"_blank\">whales<\/a> have begun purchasing Zora tokens. Their holdings have jumped from 5.49 million earlier this week to 6.83 million today.\u00a0<\/p>\n<p>Similarly, smart money holdings have jumped by 23% in the last 30 days to 1.13 million, while exchange balances have been on a freefall, reaching a low of 4.55 billion.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Zora price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14400140\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Zora price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>Technically, Zora price has jumped after it formed the highly bullish cup-and-handle pattern, whose upper side was at $0.025 and depth was 70%.\u00a0<\/p>\n<p>The risk, however, is that the token has moved above its cup-and-handle pattern target at $0.042. It has also become highly overbought, with the Relative Strength Index jumping to 74.\u00a0<\/p>\n<p>Additionally, Zora price is much higher than the 50-period Exponential Moving Average. While this is a bullish development, there is a risk that it will undergo a mean reversion, where an asset returns to its historical moving averages.\u00a0<\/p>\n<p>Therefore, the token will likely pull back and possibly retest the upper side of the cup-and-handle pattern at $0.025. Such a move would be a 52% plunge from the current level.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zora price continued its strong bullish trend on Saturday and neared its all-time high after the Binance futures listing.\u00a0 Summary Zora price went parabolic and neared its all-time high. The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5945"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5945\/revisions"}],"predecessor-version":[{"id":5946,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5945\/revisions\/5946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3568"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}