The number of content tokens issued on Zora on Base has surged to over 100,000 in a single day.
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The number of tokens issued on the Layer 2 public chain Base has surged significantly in recent days, with daily issuance peaking at over 100,000 tokens, almost entirely driven by Zora's content coin mechanism. Although Zora allows creators to mint tokens at nearly zero cost, the network's active addresses and transaction volume are at an 18-month low, indicating that these tokens lack real economic value.
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