Daily Degen
August 11, 2025

ZORA Pumps as Crypto Sentiment Revives

It’s never a dull week in crypto, but this one feels distinct. Narrative-driven pumps are back, not from your typical memes, but infrastructure protocols like ZORA. As CT shifts focus towards builders and long-ignored utility tokens, the question on everyone's feed is: are we finally rotating into something real?

From ZORA's 37% moonshot to POPCAT's 7% slide, this week’s crypto action reveals a subtle but growing appetite for tokens with narrative, utility, and developer activity. Memecoins are bleeding interest, while infrastructure protocol players are stealing the spotlight. Could we be witnessing a smarter bull run formation?

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
ZORA (37.81%), PROVE (23.98%), BIO (15.05%), PUMP (14.70%), LDO (10.42%)
Today's Top Losers:
Top 7-Day Losers:
FARTCOIN (-10.0%), AERO (-9.44%), POPCAT (-7.72%), MOG (-7.71%), TAO (-7.12%)

Market Signals: ZORA Rockets, Memecoins Fizzle

In a week marked by cautious optimism and sudden breakouts, the crypto market staged a modest but intriguing comeback. ZORA took the lead, clocking an eye-catching 37.81% gain, followed closely by PROVE (23.98%) and newcomer BIO (15.05%). On the flip side, memecoins like FARTCOIN and POPCAT took a nosedive—down 10% and 7.72% respectively—signaling a shift in retail sentiment and potentially a maturing trader base. Cue the dramatic slow clap: are we growing up?

Emerging Themes: Market Rotation and Risk-On Appetite

The action suggests a rotation out of low-effort, high-meme tokens and into projects with function, utility, or at least a cooler narrative. ZORA’s pump is particularly interesting given its positioning in the creator NFT infrastructure space, which recently picked up buzz again after major creators started migrating away from centralized platforms. With NFT liquidity ticking up, ZORA looks poised to benefit from a narrative that refuses to die quietly.

Likewise, Lido (LDO) surged 10.42%, propelled by renewed interest in staking protocols following chatter on Twitter around potential ETH ETF approvals. Will staking-as-a-service go mainstream by Q4? If social sentiment is a leading indicator, then buckle up.

Crypto Twitter Trends: Memes Out, Builders In

Crypto Twitter (CT) mood swings were on brand this week. Prominent voices began calling out the 'clownshow' phase of memecoin mania. One influential account tweeted: “Still buying FARTCOIN? Don’t cry when you can’t afford SOL at $200.” While harsh, the message resonated. Volume has notably dried up in the meme sector.

On the flip side, developers have been flexing service updates, prompting a subtle ‘flight to quality.’ There's a growing narrative around finally giving capital to the projects that ... you know, actually build stuff. The timing of the pumps for PROVE and BIO fit within this context—both are identity and data-driven protocols that have been steadily updating on GitHub while everyone else was caught up chasing Pepe derivatives.

Liquidity Snapshot: Retail's Back, But Selective

Whether it’s a dead cat bounce or an early sign of a longer trend, liquidity this week feels different. CEX volumes are stabilizing, and DEX activity is up in microcaps with actual traction. Retail might be cautiously re-entering, but it’s doing so with filters on. Memecoins without follow-through or community depth are getting punished, while narrative-coherent plays are finally getting bids.

ZORA's Surge Explained

So what’s the deal with ZORA? The project released its improved minting toolset for creators this week, with enhanced support for integrations. Coupled with a tweet storm from high-profile NFT artists praising the protocol, the narrative caught fire. Combine that with low circulating supply and a thin order book, and you’ve got exactly the kind of firestarter token that high-frequency strategies—and Twitter influencers—love to front-run.

The ZORA move may also be part of a broader cycle rotation narrative. With ETH consolidating and NFT floors leveling out, capital has to go somewhere—and narrative-rich infra tokens are suddenly back on the menu. If this rotation continues, ZORA could just be the opening act.

Who Got Wrecked: The Bottom Shelf

This week’s “learn-the-hard-way” segment goes to FARTCOIN and POPCAT, two memecoins that captivated CT recently with their unapologetic absurdity. But just seven days after trending, both tokens are down double digits. FARTCOIN lost a flat -10%, while POPCAT dropped 7.72% as trading volumes cratered.

This reinforces a familiar pattern: memecoins tend to work until the music stops, and once retail liquidity dries up, there’s nowhere for the bagholders to go. Despite this, new tickers with ridiculous names launch daily—and some still moon. But the days of mindless chasing are tapering off as smarter money starts sniffing for asymmetric bets elsewhere.

The Macro Angle: ETH, ETFs, and Coming Catalysts

While most of the gains felt localized in smaller alts, the LDO pump hints at something bigger. Rumors of potential ETH ETF approvals in Q4 have crept back into the narrative. Staking protocols like Lido could be the silent winners of such a development, especially if ETH becomes more attractive to institutions.

Meanwhile, BTC held steady above $62K with low volatility, acting like the grownup in the room. The unusually mellow BTC behavior suggests alts may get room to run—at least until the next CPI print or Federal Reserve wildcard.

The Vibe: Constructive, But Still Careful

The real takeaway? Traders are cautiously optimistic. There’s energy in the air—not full euphoria, but enough to move the needle. Projects are shipping again, communities are talking about fundamentals (imagine that!), and Twitter is less insufferable than usual.

If this trend continues, we could be witnessing the early innings of a smarter bull rotation: one where memes play background vocals to protocols actually solving real crypto problems. Is the market maturing? We wouldn’t go that far—but it’s at least trying on adult clothes this week.

Market Signals: ZORA Rockets, Memecoins Fizzle

In a week marked by cautious optimism and sudden breakouts, the crypto market staged a modest but intriguing comeback. ZORA took the lead, clocking an eye-catching 37.81% gain, followed closely by PROVE (23.98%) and newcomer BIO (15.05%). On the flip side, memecoins like FARTCOIN and POPCAT took a nosedive—down 10% and 7.72% respectively—signaling a shift in retail sentiment and potentially a maturing trader base. Cue the dramatic slow clap: are we growing up?

Emerging Themes: Market Rotation and Risk-On Appetite

The action suggests a rotation out of low-effort, high-meme tokens and into projects with function, utility, or at least a cooler narrative. ZORA’s pump is particularly interesting given its positioning in the creator NFT infrastructure space, which recently picked up buzz again after major creators started migrating away from centralized platforms. With NFT liquidity ticking up, ZORA looks poised to benefit from a narrative that refuses to die quietly.

Likewise, Lido (LDO) surged 10.42%, propelled by renewed interest in staking protocols following chatter on Twitter around potential ETH ETF approvals. Will staking-as-a-service go mainstream by Q4? If social sentiment is a leading indicator, then buckle up.

Crypto Twitter Trends: Memes Out, Builders In

Crypto Twitter (CT) mood swings were on brand this week. Prominent voices began calling out the 'clownshow' phase of memecoin mania. One influential account tweeted: “Still buying FARTCOIN? Don’t cry when you can’t afford SOL at $200.” While harsh, the message resonated. Volume has notably dried up in the meme sector.

On the flip side, developers have been flexing service updates, prompting a subtle ‘flight to quality.’ There's a growing narrative around finally giving capital to the projects that ... you know, actually build stuff. The timing of the pumps for PROVE and BIO fit within this context—both are identity and data-driven protocols that have been steadily updating on GitHub while everyone else was caught up chasing Pepe derivatives.

Liquidity Snapshot: Retail's Back, But Selective

Whether it’s a dead cat bounce or an early sign of a longer trend, liquidity this week feels different. CEX volumes are stabilizing, and DEX activity is up in microcaps with actual traction. Retail might be cautiously re-entering, but it’s doing so with filters on. Memecoins without follow-through or community depth are getting punished, while narrative-coherent plays are finally getting bids.

ZORA's Surge Explained

So what’s the deal with ZORA? The project released its improved minting toolset for creators this week, with enhanced support for integrations. Coupled with a tweet storm from high-profile NFT artists praising the protocol, the narrative caught fire. Combine that with low circulating supply and a thin order book, and you’ve got exactly the kind of firestarter token that high-frequency strategies—and Twitter influencers—love to front-run.

The ZORA move may also be part of a broader cycle rotation narrative. With ETH consolidating and NFT floors leveling out, capital has to go somewhere—and narrative-rich infra tokens are suddenly back on the menu. If this rotation continues, ZORA could just be the opening act.

Who Got Wrecked: The Bottom Shelf

This week’s “learn-the-hard-way” segment goes to FARTCOIN and POPCAT, two memecoins that captivated CT recently with their unapologetic absurdity. But just seven days after trending, both tokens are down double digits. FARTCOIN lost a flat -10%, while POPCAT dropped 7.72% as trading volumes cratered.

This reinforces a familiar pattern: memecoins tend to work until the music stops, and once retail liquidity dries up, there’s nowhere for the bagholders to go. Despite this, new tickers with ridiculous names launch daily—and some still moon. But the days of mindless chasing are tapering off as smarter money starts sniffing for asymmetric bets elsewhere.

The Macro Angle: ETH, ETFs, and Coming Catalysts

While most of the gains felt localized in smaller alts, the LDO pump hints at something bigger. Rumors of potential ETH ETF approvals in Q4 have crept back into the narrative. Staking protocols like Lido could be the silent winners of such a development, especially if ETH becomes more attractive to institutions.

Meanwhile, BTC held steady above $62K with low volatility, acting like the grownup in the room. The unusually mellow BTC behavior suggests alts may get room to run—at least until the next CPI print or Federal Reserve wildcard.

The Vibe: Constructive, But Still Careful

The real takeaway? Traders are cautiously optimistic. There’s energy in the air—not full euphoria, but enough to move the needle. Projects are shipping again, communities are talking about fundamentals (imagine that!), and Twitter is less insufferable than usual.

If this trend continues, we could be witnessing the early innings of a smarter bull rotation: one where memes play background vocals to protocols actually solving real crypto problems. Is the market maturing? We wouldn’t go that far—but it’s at least trying on adult clothes this week.

Newsworthy

ZORA's pump comes directly after its latest protocol upgrade and high-profile endorsements from NFT communities. Combined with thin liquidity and narrative alignment, it became this week’s breakout star.

Pro-Tip:

Track wallet activity and GitHub commits alongside price action—this week's biggest gainers all showed increased developer activity before they started trending.

Be sure to join us on Telegram, Discord and Twitter!

Quad Terminal simplifies crypto portfolio management by unifying digital asset exchanges into a seamless, all-in-one platform. Traders and investors of all skill levels can access automated bot strategies and a comprehensive 360° portfolio view. Create your free account here!


Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

Free Weekly Newsletter

Manage all your crypto assets on the go with zero-gas swaps and a unified portfolio at your fingertips.

Available On Mobile

Disclaimer: Information contained herein should not be construed as investment advice, or investment recommendation, or an order of, or solicitation for, any transactions in financial instruments; We make no warranty or representation, whether express or implied, as to the completeness or accuracy of the information contained herein or fitness thereof for a particular purpose. Use of images and symbols is made for illustrative purposes only and does not constitute a recommendation to buy, sell or hold a particular financial instrument; Use of brand logos does not necessarily imply a contractual relationship between us and the entities owning the logos, nor does it represent an endorsement of any such entity by Quad Terminal, or vice versa. Market information is made available to you only as a service, and we do not endorse or approve it.

Copyright © Quad Terminal