ZORA Zooms Past the Moon: Upbit & Believe Fund 🌟🚀

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Well, I say, old bean, the ZORA price has been making quite the splash lately, what? Trading at a rather spiffy $0.09680 at the moment, it’s shown more backbone than a stiff upper lip after a spot of trouble in October, when it dipped to a mere $0.045. Jolly good show, considering the market’s been about as stable as a wobbly table at the Drones Club. 🍸

Since October 1, it’s been on a bit of a toot, bouncing back from the support zone like a rubber ball at a schoolboy’s cricket match. This breakout from the falling wedge pattern on the chart is quite the hoot, especially when most altcoins have been taking a proper pasting. Now, the chaps are all abuzz-will this rally keep up, or is a correction lurking around the corner like a forgotten aunt at a family gathering? 🤔

Upbit Listing and “Believe Fund”: The Double Whammy of Whizz-Bangery

The real humdingers behind this bullish brouhaha are the Upbit listing and the Believe Fund, old sport. As of October 17, ZORA waltzed onto Upbit, Korea’s top-notch exchange, with trading pairs in KRW, BTC, and USDT. Talk about a social climber! 🕴️

This move’s like giving the token a front-row seat at the Ascot of crypto, exposing it to a high-volume retail crowd. Liquidity and demand? Bound to go up like a rocket, what? 🚀

신규 디지털 자산 조라(ZORA) 거래지원 안내

지원 마켓: KRW, BTC, USDT 마켓
거래지원 개시 시점 :2025-10-17 13:30 KST 예정

공지 바로가기: #Upbit #ZORA @zora

– Upbit Korea (@Official_Upbit) October 17, 2025

And then there’s the Believe Fund, launched on October 15, dishing out 20 million ZORA tokens (a mere 0.2% of the supply) to support creators and jazz up liquidity in the “creator coins” ecosystem. Rather decent of them, eh? 🎨

This isn’t just a spot of philanthropy, mind you. Creators minting tokens on Base now need ZORA for fees and launches, so the fund’s a clever way to boost participation, reduce circulating supply, and give usage a proper leg-up. Quite the masterstroke, if you ask me. 🧠

Introducing Believe Fund

Zora’s mission is to build the new creator economy. Believe Fund will accelerate this by supporting the most promising next generation of creators with 20M $ZORA to start.

Over the coming months, Believe Fund will begin deploying capital and deepening…

– $zora (@zora) October 15, 2025

Together, these moves are like a one-two punch in a boxing match-locking tokens for ecosystem incentives and expanding exchange access, ZORA’s beefing up its real-world and speculative charm. Quite the double act, what? 🥊

Technical Jibber-Jabber: Bulls vs. Bears, Round 12

Now, onto the nitty-gritty, old chap. ZORA’s price forecast is looking rather peachy thanks to some spiffing technical signals. Over the past 17 days, it’s pulled off a golden cross between the 20-day and 50-day EMAs-a classic bullish sign, if ever there was one. Momentum’s pointing north, provided the buyers keep their nerve. 📈

But hold your horses-it’s not all sunshine and roses. Those long upper wicks on the price bars? They’re like a red flag at a bullfight, showing the bears are still in the game, selling like there’s no tomorrow. It’s a proper tug-of-war, with supply being tested as buyers try to mop it all up. So, while things look rosy, the battle’s far from over. 🐂🐻

For this optimism to turn into proper gains, ZORA’s got to clear the $0.12-$0.13 resistance like a hurdler at the Olympics. And heaven forbid it slips back to the $0.06-$0.04 zones-that’d be a proper damp squib. 🏃♂️

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2025-10-17 16:29