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Scroll Price Prediction
As Scroll (SCR) prepares to launch, initial market estimates suggest that it could debut with a market cap of $400 million. With a circulating supply of 190 million SCR tokens, this implies a launch price of approximately $2.10 per SCR ($400M ÷ 190M tokens = $2.10). However, due to initial selling pressure, we expect a slight decline after the initial listing, potentially bringing the market cap back to approximately $300 million, which would reduce the price to approximately $1.58 per SCR.
Short-Term Outlook
As with many new listings, initial volatility will likely be driven by Launchpool participants selling their SCR rewards. This selling pressure could lead to a temporary decline in market cap, but we expect a rebound after 1-2 months as the market stabilizes and demand for SCR increases, potentially driven by increased adoption and developer interest in Scroll’s Layer-2 solution.
Given that Q4 is historically the most bullish quarter for crypto, Scroll could benefit from the broader market momentum, with the potential for significant price appreciation. A rally in Ethereum price, combined with increasing adoption of Layer-2 solutions, could also support SCR’s price.