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How snipers scooped $1.3m from Base creator Jesse Pollak’s token
Yahoo Finance· 2025-11-21 18:21
Core Insights - The launch of the "Jesse" creator token by Jesse Pollak resulted in significant profits for early traders, highlighting the competitive nature of crypto trading [1][3] - The Jesse token experienced a peak market value of $25 million but saw a subsequent decline of 36% after initial trading activity [3] Trading Dynamics - Two traders executed buy transactions immediately after liquidity was provided, acquiring over half of the 500 million tokens available [2] - The rapid transactions were categorized as "sniping," where traders use bots to capitalize on new token availability [3] Financial Outcomes - One trader incurred over $44,000 in transaction fees, investing $190,000 in Jesse tokens and selling them for $860,000 within 15 minutes, resulting in a profit of $626,000 [4] - Trading volume for the Jesse token surpassed $25 million since its launch, with fees collected being reinvested into supporting other creator coins on the Zora protocol [6] Market Context - Creator coins, including Jesse, are part of the SocialFi meta, which has struggled to gain traction, facing criticism for being akin to memecoins [5] - Pollak aims to change the perception of creator coins, asserting their potential to empower content creators [4][5]
X @CoinMarketCap
CoinMarketCap· 2025-10-21 12:52
Top 5 Launchpads by 7D Fees1. four.meme – $10.71M2. Pump – $6.09M3. Meteora – $1.15M4. clanker – $507.27K5. Zora – $476.05K https://t.co/uSoAjU3X7v ...
X @Easy
Easy· 2025-10-21 02:31
Coinbase owns BaseBase’s creator ecosystem is ZoraUp Only on Zora when?!Also, Coinbase spending 25m’s on a creator podcast makes me infinitely more bullish on their creator ecosystem token.I like the Zora coins here. https://t.co/Kg5hJLxXgjBrian Armstrong (@brian_armstrong):Just burnt the NFT. Your move @UpOnlyTV @Cobie @ledgerstatus. ...
X @Bankless
Bankless· 2025-07-31 13:18
Rebranding and Product Updates - Base L2 has been rebranded to Base Chain, and Coinbase Wallet is now the Base app [1] - The Base app has been rebuilt into an "everything app" integrating Farcaster social, Zora-powered monetization, mini apps, payments, swaps, and encrypted chats [1] - The Base app is currently in invite-only beta [1] Key Features and Integrations - The home screen prioritizes community apps, featuring trending Farcaster mini apps and discovery categories [2] - The app integrates Zora coins, allowing any post to become a tradable token, with market cap stats displayed under posts [2] - Users can link their Coinbase account to fund their Base wallet with USD or crypto holdings [3] - The app includes a Chat hub for DMing followers and interacting with onchain AI assistants [4] - The app supports swaps, sending, requesting, and claiming funds via tap-to-pay and links [4] User Experience and Potential Issues - The Base app is described as smooth, easy to onboard to, and packed with onchain experiences [4] - The app focuses on providing various activities, such as launching a coin and trading, within a few clicks [5] - Early issues included difficulties transferring crypto from Coinbase and accessing certain mini apps [5]
X @wale.moca 🐳
wale.moca 🐳· 2025-07-27 17:20
Okay… are we activating this Zora thing or nah https://t.co/yaH9vkriS2 ...