In this article, we’ll explore Zora’s decentralized social network, the ZORA token launch, and how Bybit users can trade ZORA on Bybit.

The social media landscape is currently flawed. Its challenges for creators range from opaque monetization policies to platforms that take a big cut of creators’ earnings. Zora, a decentralized social media protocol, aims to fundamentally change this paradigm, giving creators control over their content and introducing novel monetization techniques through tokenization. 

In this article, we’ll explore Zora’s decentralized social network, its key features and the ZORA token, and learn how Bybit users can participate in the Zora launchpool event.

Zora is a new decentralized social media protocol with a unique approach to content monetization. It allows creators to tokenize every post (text, image or video) by allowing each post to be minted as an 

 (termed a “Content Coin”). Zora is built on the 

 incubated by Coinbase. On Apr 17, 2025, the official Base X account 

 the “Base is for everyone” content coined on Zora. Following that post, user activity on the platform spiked.

Zora was co-founded by Jacob Horne and Dee Goens. Horne, a former product manager at Coinbase, is recognized for his advocacy of open-source 

 infrastructure, and Goens contributes his expertise in community development.

The project has successfully completed several funding rounds. In 2020, Zora secured $2 million in seed funding with participation from firms including Kindred Ventures and Coinbase Ventures. This was followed by a $10 million raise in 2021. The project's growth continued with a Series B round on May 5, 2022, expected to raise $50 million at a valuation of $600 million.

Zora launched its Ethereum-based NFT marketplace, known as “Auction House,” in January 2021. This was designed as a decentralized, permissionless platform to empower creators to mint, list and auction their NFTs. One key innovation introduced by Auction House was the concept of the 

 to improve NFT liquidity. Over time, Zora expanded beyond Auction House and Ethereum, transforming into a comprehensive decentralized social media platform. It uses the same ERC-20z standard to create a tradeable coin from each piece of published content. 

Each of these coins has a total supply of 1 billion units, with 10 million automatically allocated to each coin’s creator. These tokens are instantly tradable on 

 (DEXs) such as Uniswap via the Base network, providing liquidity and enabling creators to monetize their work. Additionally, creators earn a 0.5% fee from each transaction involving their tokens, offering a new avenue for content monetization.

ZORA tokenomics and token unlock schedule

Zora announced the launch of ZORA community coin — along with its airdrop details and tokenomics — on Apr 21, 2025. The coin went live on Base two days later (April 23). 

The total supply of ZORA is 10 billion, with initial allocation as follows:

According to the project’s official docs, the ZORA token was launched “for fun only.” ZORA token holders have neither governance rights, nor a stake in the Zora protocol.

The tokens will be unlocked linearly as follows:

 on Apr 23, 2025. Users can stake ZORA, MNT or USDT to earn a share from a substantial prize pool of 100,000,000 ZORA tokens. 

The event runs through April 30, 2025, 1PM UTC. Staking requirements are as follows:

If you're interested in the ZORA token, don't miss this opportunity! Visit the 

 (FDV) of ZORA stands at $187 million. ZORA gained 11.3% over the past week, with a 24-hour trading volume of $42.6 million.

Bybit has recently listed the ZORA token on Bybit Spot 

To trade ZORA on Bybit Spot, log in or create a Bybit account 

 (UTA) with crypto transfers or fiat deposits. Then, head to the 

 Spot trading page to start trading. In addition, Bybit users can also trade the 

 with up to 25x leverage with Bybit Futures.

Intermediate

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Zora (ZORA): Creator-focused on-chain social network

Bybit Lens is an AI-powered trading intelligence tool that consolidates real-time data, market sentiment and trading signals into one streamlined interface.

In crypto, timing is everything — in addition to knowing where to look. When the markets move fast and narratives shift even faster, digging through charts, Telegram threads and X timelines can feel overwhelming. Besides, every second you spend searching for data could mean a missed opportunity. That’s where Bybit Lens comes in. More than just a research tool, Lens is your real-time, all-in-one AI-powered assistant. Lens puts market insights, project data and tailored strategies at your fingertips so you can go from trend-spotting to trade execution in a single flow.

 is an AI-powered trading intelligence tool that consolidates real-time data, market sentiment and trading signals into one streamlined interface.

Developed as part of the TradeGPT suite, Lens is more than just a dashboard; it’s your personal crypto analyst that never sleeps. Backed by high-quality data sources and built for actionable clarity, Lens helps traders cut through the noise and make better, faster calls.

Behind the scenes, Bybit Lens draws from a robust mix of data streams and intelligent systems. First, it taps into SoSoValue, a leading provider of on-chain metrics, giving you visibility into wallet activity, token flows and project traction across 

s and DeFi platforms. Then, it layers in proprietary insights from Bybit’s own centralized exchange — everything from order book movements to open interest and user sentiment that you simply can’t find elsewhere.

But Lens doesn’t stop at hard data. It also tracks market-moving reports from institutions, as well as real-time buzz on social media from traders, KOLs and crypto Twitter. These multiple data layers are then distilled through AI-powered models that identify trends, extract relevant signals and generate a clear summary of what’s happening and what you might want to do about it.

The experience is intentionally simple. You’ll land on a clean interface that surfaces the day’s hottest assets via 

. From there, click into any project and you’ll be met with a full analysis: basic background, recent trading performance, community and media sentiment plus an AI-generated strategy overview. 

It’s like having a research analyst in your pocket, minus the jargon.

Where most tools stop at data, Lens goes a step further, offering suggested trade ideas based on your behavior, preferences and what’s trending in the market. 

What makes Lens different from every other market tool out there? It's not just the technology — it’s the way everything comes together in one place, designed for actual traders.

With Lens, there’s no more flipping between 10 tabs just to figure out what’s moving. Instead, you get a single interface where market trends, community buzz, trading strategies and execution all converge. The platform doesn’t just surface noise, it condenses it into clarity. Even if you’re new to trading, Lens breaks things down in a way that feels intuitive, not intimidating.

Another key advantage is the tailored nature of its insights. Lens looks at your trading behavior and portfolio preferences, then offers AI-backed strategies that align with your style. It’s like having a tool that not only understands the market, but also understands you.

And because it’s part of the Bybit ecosystem, the jump from insight to execution is frictionless. See something you like? One click, and you're on the Bybit trading page, no copy/pasting or toggling required. This seamless experience is especially powerful during fast-moving markets when seconds matter.

Now that you fully understand how Bybit Lens work, let’s take a look at how you can get started with it. You’ll need to have a Bybit account before you can proceed. If you don’t already have one, you can check out our 

: Log in to your Bybit account and hover your cursor over the 

: From here, you’ll be able to view our 

 along with the project’s background information and recent trading data. You’ll also be able to view the current market sentiment, latest news and social media posts on the project, as well as market trends. 

If you have a specific token or project you’d like to know more about, simply type its name into the search field at the top of the page. 

: Looking to capitalize on the current trends and make a move? Click on 

If you’ve ever wished for a smarter, faster way to make trading decisions, Bybit Lens is it. It doesn’t matter whether you’re navigating market hype, unsure of which coin to trade next or just trying to stay one step ahead, Lens brings you the tools and insights you need without the overload. More than just a research platform, it’s a decision-making engine. With Lens, you’re not just keeping up with the market — you’re outsmarting it.

Bybit Lens isn’t just another analytics dashboard. It’s your strategic co-pilot in crypto, an AI-driven platform that transforms noise into clarity, ideas into actions and hesitation into confident trades. With everything you need to analyze, decide and execute in one place, it’s time to trade smarter with Bybit Lens.

Beginner

bybit lens.png

Bybit Lens: Your one-click portal to crypto insights and trading

Ethereum's EIP-9698 proposes raising the gas limit from 36 million to 3.6 billion units over four years, potentially increasing transactions per second (TPS) to 2,000.

Daily top performer — Virtual Protocol (VIRTUAL)

On Monday, the S&P 500 rose 0.06%, and investors now await more key earnings and economic data this week. Gold remains strong long-term but looks overbought short-term. Traders are watching for a pullback to around $3,200 before buying. The Coindesk Indices, which tracks the broader crypto market, rose 0.51%, with Bitcoin up 0.39% and Ether down 0.28%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is VIRTUAL, which surged 35.5% following Virtuals Protocol's full refund to users affected by an exploit attempt.

Virtuals Protocol (VIRTUAL), launched in October 2024, built on Base, lets users create AI agents that interact in 3D spaces. It features IP agents like Luna and functional agents like G.A.M.E., with its native token VIRTUAL powering the platform's economy. 

, including those who sent VIRTUAL directly to the wallet. However, three wallets remain under review for direct transfers. Virtuals Protocol condemned P.L.A.Y Game AI for attempting to exploit the launch, leading to the permanent failure of the P.L.A.Y Game AI launch. A compensation plan is being implemented for affected users, and the protocol reassured the community that it will never ask for funds outside official channels.

Check out the latest prices, charts, and data of 

Ethereum's EIP-9698 proposes raising the gas limit from 36 million to 3.6 billion units over four years, potentially increasing transactions per second (TPS) to 2,000. This gradual, predictable increase would enhance scalability without a hard fork, starting around June 1. Ethereum aims to improve throughput and stay competitive with faster, lower-fee blockchains. If approved, the proposal would automate gas limit growth, optimizing the network’s efficiency and hardware advancements.

Yesterday, BTC spot ETFs saw total net outflows of $379.7 million, with $42.7 million from GBTC and $337.0 million from other ETFs.

Ika, Sui's first sub-second MPC network, is offering an 

. Users can join by either posting about Ika on X (free, via GiveRep) or locking SUI tokens through Spring Sui and completing tasks via the Ink Sack app to earn more rewards. Locking iSUI earns "Ink Droplets," which boost the airdrop size. Ika is backed by $21M+ funding and the Sui Foundation. Full guide: 

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Ethereum's proposal to boost gas limit could increase transactions to 2,000 TPS by 2029

The Bybit Telegram Mini App is a streamlined version of Bybit’s platform. In this guide, we’ll cover the key features of the Mini App, how to get started and how to earn exciting rewards.

The Bybit Telegram Mini App is a streamlined version of Bybit’s platform and is built directly inside the Telegram messaging app. Launched in early 2024, it lets users access popular Bybit products such as Copy Trading within Telegram, a popular messaging app for crypto users.

In this article, we’ll cover the key features of the Bybit Telegram Mini App, and show you how to get started and earn exciting rewards by completing tasks.

Telegram mini apps are a streamlined version of larger applications that are accessible directly inside the Telegram messaging app. These mini apps allow users to access external apps without leaving Telegram, offering convenience and ease of use. 

Mini apps are often designed for mobile-first access, enabling users to interact with features on the go. Specifically, the Bybit Telegram Mini App provides access to 

, all within the familiar Telegram interface — thus simplifying the Bybit experience for users.

 in January 2025, the Bybit Telegram Mini Wallet takes convenience further by allowing users to create and manage a crypto wallet directly within Telegram. It’s designed to simplify 

 access for both beginning and Web 2.0 users by removing the need for separate wallet apps.

Key differences between the Mini App and Mini Wallet

The Mini Wallet is focused on asset management and DeFi access, while the Mini App delivers trading, earning and rewards.

What you can do with the Bybit Telegram Mini App

The Bybit Telegram Mini App brings a full suite of crypto tools right into your favorite messaging platform, making it easier than ever to grow and manage your assets. 

Everything is accessible directly inside Telegram — no switching apps or complicated logins required.

Copy trading with Bybit Telegram Mini App

Bybit Copy Trading lets users automatically mirror the trades of expert Master Traders — making professional strategies accessible to all.

Launched on Apr 8, 2025, Copy Trading is now fully integrated into the Telegram Mini App. It allows users to:

Smart Copy Mode ensures real-time trade execution directly via Telegram, offering a fast and secure way to invest.

Bybit Earn provides a simple and powerful way to grow your crypto holdings — all accessible directly through the Bybit Telegram mini app. With just a few taps, users can explore multiple earning strategies without ever needing to leave Telegram.

Navigate to Bybit Earn via the following steps:

At the top, you'll find three product categories:

All earnings and subscriptions are handled directly within the Mini App, giving you full control over your DeFi strategies — anytime, anywhere.

How to get started with the Bybit Telegram Mini App

The Bybit Mini App is designed for ultimate simplicity. Here’s how to get started:

Step 1: Access the Bybit Telegram Mini App

Step 4: Predict BTC’s price on Smart Leverage

Step 5: Predict BTC’s price movement range

How to start copy trading on the Mini App

Bybit’s Mini App uses Smart Copy Mode for seamless real-time trade mirroring, supporting USDT Perpetual contracts with 

 settings aligned to those of the Master Trader.

How to earn rewards and invite friends via the Mini App

Step 1: Check in daily to complete daily missions and earn points

Start using the Bybit Telegram Mini App now

The Bybit Telegram Mini App brings seamless crypto management into one of the world’s most popular messaging platforms. Whether you’re looking to trade, earn, copy top traders or invite friends — everything is now accessible in a few taps, directly inside Telegram.

bybit mini app.png

How to use the Bybit Telegram Mini App

Bybit Learn

Candlestick

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Keen on buying off potential trend reversals? Why not use spinning top candle patterns and learn to recognize reversals with our guide!

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When scalping or swing trading the market, technical analysis and price action can help traders gauge the market sentiment, which makes it easier to forecast future price movements. A very common candlestick pattern is the spinning top candle, which hints at a potential trend reversal.

In financial markets, history tends to repeat itself because price movement is based on the psychological makeup of buyers and sellers. The buyers and sellers in the cryptocurrency market tend to exhibit the same types of behavior, rooted in human nature. This in turn makes technical analysis work — when you have enough discipline and experience. Curious about how to spot trend reversals early? Scroll on as we cover what a spinning top candle is, how it works, how it compares to other candlestick patterns and how to overcome its limitations.

 that signals indecision about future price direction of a cryptocurrency. It often leads to a price reversal. The spinning top pattern has two distinguishing features:

Since the spinning top pattern has a small body, it indicates indecision in the market: neither buyers nor sellers have the upper hand. This candlestick pattern forms within both uptrends and downtrends, and signals a possible trend reversal. On rare occasions, the spinning top candle can develop within the middle of a trend, signaling further consolidation.

In other words, if the spinning top candle develops at the end of a bearish trend, it can potentially signal the end of the current trend and the start of a new uptrend. Conversely, if the spinning top candle develops at the end of a bullish trend, it can potentially signal the end of the prevailing trend and a move in the bearish direction.

The spinning top candlestick pattern is extremely useful in predicting future price movement because it tells traders what’s happening behind the curtains. In essence, spinning top candlesticks indicate an ongoing battle between bulls and bears, as both aim to take control of a crypto asset’s price direction. Since this battle initially ends in a stalemate, the price remains almost unchanged, with no significant changes in the price direction. This can indicate either an upcoming reversal or sideways movement.

Compared to other candlestick formations and technical indicators, the spinning top candle allows crypto traders and investors to trade immediately after the pattern has formed on the price chart. If you’re trying your hand at cryptocurrency trading, it’s important to move in and out of the market fast, especially during periods of high volatility.

What Does A Spinning Top Candlestick Pattern Look Like?

What is unique about these candlestick formations is the fact that the real body is very small, but the upper and lower wicks on both sides of the candlestick body are long.

When trading spinning top candles, traders need to be aware of the fact that there are two types of spinning top candlestick patterns: a bullish spinning top candlestick, and a bearish spinning top candlestick.

The bullish spinning top candlestick pattern forms when the closing price is higher than the opening price, which results in a green candle. On the other hand, the bearish spinning top candlestick pattern forms when the closing price is lower than the opening price, which results in a red candle.

The figure below outlines the differences between the bullish and bearish spinning top.

Crypto traders should keep in mind that it’s always safer to use a candlestick pattern in conjunction with other forms of technical analysis and other trading strategies. Trading the spinning top candle in isolation, without having a complete understanding of the prevailing trend, can lead to disastrous entries and exits.

In a nutshell, crypto traders need to abide by their trading plan — and their risk management strategy — before pulling the trigger using the spinning top candle.

The spinning top candle looks very similar to the 

. In technical analysis, the doji candle is another candlestick pattern that signals indecision in the market, and in this regard, both candlestick patterns signal a potential price reversal of the prevailing trend.

However, some key differences set these two candlestick patterns apart from each other. 

First, visually, the doji candle is shaped like a cross because it has a short body and smaller upper and lower shadows. Most of the time, the opening price is identical to the closing price. By comparison, the spinning top candle has a wider candle body and long wicks.

The spinning top and the doji candle occur quite frequently across all time frames and with all cryptocurrencies. Ultimately, both candlestick patterns depend on the confirmation from the next candle. If the spinning top candle and the doji candle are followed by a strong move in the opposite direction of the prevailing trend, then it’s safe to assume there’s a higher chance of a trend reversal.

The spinning top candlestick patterns are straightforward to spot on the price chart. An example of the spinning top candlestick pattern is highlighted in the chart below.

On the left-hand side of the above 4-hour Bitcoin price chart, there are two instances of the spinning top candle. The price heads higher as a result, and in retrospect, one could have bought BTCUSD at those levels with a protective stop-loss just below the spinning top candle low. The fact that we have two consecutive spinning tops developing one after another adds more confirmation to the bullish case scenario.

The second spinning top candle develops at the end of an uptrend, and is followed by a big reversal in the price. The large downward candles that follow this spinning top candle confirm the upcoming reversal.

The last instance of the spinning top candle occurs after the price has been dropping. This bullish reversal signal occurs at a key support level where previous candlesticks have bounced off of. Thus, this spinning top candle ends up signaling an upward surge.

Limitations of Spinning Top Candles and How to Overcome Them

Unfortunately, spinning top candles are not the be-all and end-all. As with all candlestick patterns, there are some limitations to the spinning top candle. While the spinning top candlestick appears frequently, it also comes with drawbacks because it routinely appears during sideways movement, which leads the price nowhere.

First, the more frequently a pattern develops on the price chart, the higher the chance of getting into a bad trade, given the indecision of the price movement. In order to overcome this issue, be more selective with the spinning tops you trade. For example, crypto traders can focus only on higher time frames, such as the daily chart, which usually produce higher quality setups because they tend to discount the intraday noise.

Secondly, the spinning top candle requires more confirmation than other candlestick formations. Trade confirmation in and of itself is a positive tool to have in your trading arsenal with all candlestick patterns, not just the spinning top candle. However, there are no 100% foolproof methods that can guarantee the price will reverse, or go in the same direction as the prevailing trend.

The last limitation of the spinning top candle is that it has long upper and lower shadows, which implies that crypto traders will be forced to place wider stop-loss orders to protect themselves in case the market moves against their initial positions. This also leads to a poorer risk-to-reward ratio — because a trader or investor will have to take a larger risk for a potentially smaller reward.

One way to get around this issue is to use multiple time frame analysis. For example, if a spinning top candle prints on a daily chart, a crypto trader can zoom into the 1-hour chart — and use other trading tools as well — to better time the market. This can skew the risk-to-reward ratio in their favor. 

In summary, the spinning top candlestick pattern is most profitable when it occurs at an area of value, such as key 

, or in conjunction with other technical indicators that can help you confirm a price action. Remember that technical analysis is not meant to be used in isolation. In the long term, no one method can always yield positive returns. The main objective of technical analysis is to provide traders with a statistical edge through multiple streams of analysis. The various patterns and indicators are used as complementary tools to highlight good trading opportunities. The spinning top candlestick pattern, properly used, can hint at trend reversals, and is thus an important tool for traders to have.

Candlestick Patterns Professional Traders Use

 – A curated list of candlestick patterns most frequently used by traders

 – Learn the basics of candlestick patterns

 (Chart basics: trend, neckline, wedges)

How To Use Spinning Top Candle Patterns To Identify Trend Reversals

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How To Use Spinning Top Candle Patterns To Identify Trend Reversals

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Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards