Coinbase to List Controversial ZORA Amid Airdrop Backlash
24.04.2025 21:00
Coinbase has announced that it will be adding Zora (ZORA) to its upcoming listing roadmap. This development comes amidst controversy surrounding the token’s airdrop process, which critics claim was launched abruptly and is overly complex for regular users. The complications in the airdrop have reportedly enabled early adopters to gain a selling advantage, raising concerns about distribution fairness. While the Coinbase listing is generally viewed as a significant step that could boost the token’s visibility and market liquidity, the underlying controversy might trigger short-term price volatility. Overall, the dual aspects of institutional endorsement through the listing and the problematic airdrop execution create a mixed scenario for ZORA, where immediate market reactions could be volatile but long-term prospects might improve with broader accessibility and increased trading volume.
The news is likely to have a bifurcated impact on ZORA’s price. In the short term, the controversy surrounding the airdrop—with claims of an abrupt launch and complexity disadvantaging ordinary users—may lead to increased volatility and potential sell-offs by early adopters. However, being added to Coinbase’s listing roadmap is generally a positive signal, contributing to higher liquidity and greater exposure, which historically drives long-term price appreciation. Factors such as institutional credibility provided by Coinbase and enhanced market access weigh in favor of a potential price increase over time, though immediate market reactions might be cautious and mixed.
Sources
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