The ZORA token ($ZORA), associated with the decentralized NFT platform Zora Network built on Ethereum, officially launched its trading and airdrop event in April 2025. Trading for $ZORA began on multiple cryptocurrency exchanges including Binance Alpha, KuCoin, Bybit, Kraken, ShapeShift, and Base, with the token initially priced around $0.027 and a fully diluted valuation (FDV) of approximately $270 million. The airdrop distribution required users to manually claim their tokens by connecting their wallets and interacting with the claim function on the Zora platform, with no expiration date for claiming. An unofficial $ZORA airdrop checker tool emerged, allowing users to quickly verify their eligible token amounts, with some reports of allocations exceeding 100,000 tokens, though individual results varied widely. The launch experienced some confusion due to the lack of prior announcement and the manual claim process, which temporarily overwhelmed the BaseScan service. Despite mixed reactions to the token's initial value and distribution, $ZORA saw notable trading activity and price volatility, including a rapid price increase of over 2,000% on KuCoin within 24 hours, reaching around $0.022 with a market capitalization near $56 million on Base. The Zora protocol continues to support NFT marketplace creation and has a primary marketplace similar to OpenSea, with most NFT sales occurring on third-party platforms. The $ZORA token is also accessible on over 100 blockchains via Pyth, reflecting its broad integration in the Web3 ecosystem.