Scroll ($SCR) is gaining momentum as it gears up for its Binance Launchpool event. Beyond the initial farming and staking, understanding the potential market cap and price movement is essential. In this article, we’ll break down the expected market cap at different stages and what it means for $SCR price predictions. Let’s get started!
1. Key Supply Details 🪙
Total Token Supply: 1 billion $SCR
Launchpool Allocation: 55 million $SCR (5.5% of the total supply)
Initial Circulating Supply: 190 million $SCR
Airdrop 1: 70 million $SCR
Since 190 million $SCR will be in circulation initially, this becomes a key factor in price and market cap predictions.
2. Staking & Market Impact on Binance Launchpool 💰
The Binance Launchpool will allow users to stake BNB or FDUSD to earn $SCR. This staking will lock up assets, reducing the circulating supply in the open market. As a result, demand could rise, especially if many participants stake their assets to earn $SCR, which could increase scarcity and drive the price up.
3. Market Cap Predictions Based on Price Movement 📈
Let's use a simple formula for price prediction based on market cap:
Market Cap = Price per Token × Circulating Supply
Initial Market Cap Prediction:
Assuming an initial circulating supply of 190 million tokens and an estimated starting price of $1.5 per $SCR, we can calculate:
Initial Market Cap = $1.5 × 190 million = $285 million
This $285 million market cap is a reasonable starting point, given Scroll’s technology (zkEVM rollup) and its role in Ethereum scaling.
4. Price Prediction Based on Market Cap Growth 💸
Now, let's explore how the price of $SCR could evolve as the market cap grows:
Scenario 1: $500 Million Market Cap
At a market cap of $500 million, the price per token with the same circulating supply would be:
Price = $500 million ÷ 190 million = $2.63 per $SCR
This would represent a significant price increase from the initial $1.5.
Scenario 2: $1 Billion Market Cap
As Scroll gains more adoption and tokens from staking and airdrops become available, we could see the market cap push toward $1 billion. At this level:
Price = $1 billion ÷ 190 million = $5.26 per $SCR
With a $1 billion market cap, $SCR would have experienced significant growth, especially as its Layer 2 scaling solution strengthens the Ethereum network.
5. Factors Driving Market Cap Growth 🔍
a) Staking & Lockup Effect:
With 55 million $SCR available on Binance Launchpool, a substantial amount of tokens could be locked up in staking pools, reducing the immediate supply in circulation. This will likely increase demand as fewer tokens are available on the open market, potentially boosting the price of $SCR.
b) Adoption of Scroll Technology:
Scroll is designed to reduce transaction costs and improve scalability on Ethereum. As more users and developers utilize Scroll, its demand is likely to increase. This could push the market cap higher as the technology proves itself in real-world applications.
c) Exchange Listings:
Beyond Binance, additional exchange listings could further increase $SCR's visibility and accessibility, attracting more investors and pushing the market cap upwards.
6. What Happens If Market Cap Hits $1 Billion? 💥
If $SCR reaches a market cap of $1 billion, here's what it could mean for the price:
With 190 million tokens in circulation, the price of each $SCR token could be around $5.26. However, as the total circulating supply grows with airdrops and staking rewards, this price could fluctuate.
Let’s consider a future circulating supply of 500 million tokens (as more tokens are released over time). At this point:
Price at $1 billion market cap = $1 billion ÷ 500 million = $2 per $SCR
As more tokens are unlocked, the price may stabilize, but the market cap will still be a key driver in predicting value.
7. Conclusion: Scroll’s Price Potential 🚀
Initial Market Cap: $285 million at $1.5 per token
Price at $500 million Market Cap: $2.63 per token
Price at $1 Billion Market Cap: $5.26 per token (with 190 million tokens)
Price with Increased Circulating Supply (500M tokens): $2 per token
Staking on Binance Launchpool, Scroll’s technological advantages, and its role in the Ethereum ecosystem make $SCR a token with strong growth potential. Early participation in the Launchpool could give you access to $SCR at an attractive price before it hits the broader market.
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