Has told $SCR is in pre market trade, Once it's launched this coin has intensity to go high . If u observe pre market the graph it's above 1.05 so it has fallen below 1 it's shows that the coin has some good variation to follow. Once the coin is launched the coin can cross it's high 1.9 in pre market and can go beyond 2$ it's all depends on how $ETH maintains its volatility.
Scroll is launching its first step toward decentralization with the $SCR token, available via Binance Launchpool and an airdrop. SCR will play a key role in Scroll’s governance, protocol design, and decentralization efforts.
Key Details: - Token Name: Scroll (SCR) - Total Supply: 1,000,000,000 SCR - Airdrop Snapshot Date: October 19, 2024 - Token Launch Date: October 22, 2024
# SCR Utility:
1. Governance: Decentralizing Scroll via a DAO to ensure community control.
Guys Hold $SCR its still pre market trade. Officially the coin will be launched on 22nd oct. Seeing the pre market price. The coin price can be boom!!! So everyone who invested be calm and prepare for the feast to come...
People who are new to crypto investments, First needs patience without that you can't really go with the process. So ppl who are crying 😂 for $SCR needs to understand that it's still in pre market so be patient wait and be calm. #SCRonBinance #SCRPricePrediction #binance4ever
🔥Current Price: $1.18 (+195.00%) $SCR is still on a tear with a massive 195% surge! After peaking at $1.94, the price has stabilized, hinting at potential further gains. With this momentum, all eyes are on the next big move. Will SCR break even higher? Let’s dive in! 🚀
🎯 Key Price Levels: - Resistance: $1.94 – This is the key level to watch. If SCR breaks through, it could trigger another rally, potentially hitting $2.50 or higher!
- Support: $1.18 – This zone has held steady so far. If buyers continue defending it, we could see another upward push.
🔮 Potential Scenarios: - Bullish: A breakout above $1.94 could drive strong gains, with targets above $2 coming into focus! 🚀
- Bearish: If the price drops below $1.18, a deeper pullback is possible. However, the bullish sentiment might still lead to a quick recovery.
In summary, $SCR recent performance suggests that significant price action is on the horizon, with both bulls and bears watching closely for the next big move!
Nowadays people are inclined towards $TON developments, $HMSTR was a loss ppl invested their lot of time but gave less airdrops to people so there coin fell from $0.001 now you can see this has bearish sentiments. Now next waiting is $blum and $memefi.. For many more new do follow.
Scroll Crypto Launches Today: A New Era for Ethereum Scaling?
The cryptocurrency space is buzzing as Scroll (SCR), the highly anticipated Layer-2 scaling solution for Ethereum, officially launches today, marking a major step in the evolution of decentralized finance (DeFi). As the world awaits its debut, the focus is on how Scroll could impact the broader market and drive Ethereum's scalability.
Tokenomics and Market Sentiment
With the native SCR token launching on Binance's Launchpool, the market is paying close attention to how Scroll will fare in a crowded field. The SCR token's initial circulating supply is expected to be around 190 million, or 19% of the total 1 billion supply. The Binance platform has allocated 85% of the farming rewards for BNB holders, further incentivizing liquidity providers to stake and earn rewards. Predictions suggest a positive initial market reaction as SCR fills the gap for Ethereum users and developers seeking lower fees and higher throughput. Additionally, Binance's involvement lends credibility and boosts market confidence.
Predictions and Market Outlook
Given the recent trends in the Ethereum scaling sector, Scroll is likely to see strong initial trading activity. Its compatibility with the Ethereum Virtual Machine (EVM) positions it well for rapid adoption by developers, and its focus on privacy, decentralization, and performance makes it attractive to both DeFi projects and mainstream blockchain users. In the coming days, the market will closely watch SCR's price movements. Early indicators suggest a favorable market response, thanks to its robust technological foundation and the clear demand for scalable Ethereum solutions. However, as with any new token, volatility is expected, and investors should approach with caution.
Keep an eye on the markets today and over the coming week as Scroll officially launches. Whether you're a developer, an investor, or just a crypto enthusiast, Scroll’s success or failure could signal larger trends for Ethereum and the broader DeFi ecosystem.