Zora , an on-chain social media and NFT platform, officially launched the airdrop of its native token, ZORA, today – but it didn’t go as smoothly as hoped. The rollout left many users confused, with some claiming they couldn’t claim or trade their tokens. The airdrop comprised 1 billion tokens, distributed to roughly 2.4 million unique addresses, according to Zora’s website . Eligibility was determined based on two snapshots: the first captured activity between January 1, 2020, and March 3, 2025, while the second included activity from March 3 to April 20, 2025. However, shortly after the token went live, the token began plummeting – currently, it’s down 33% and trading at around $0.023, according to CoinGecko . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
