Price Prediction for $SCR: Before discussing the price, let's first understand what Scroll is. Scroll is a Layer-2 solution built on Ethereum, utilizing zero-knowledge proof technology to address two key challenges:
1. High gas fees
2. Slow transaction speeds
Tokenomics and Funding: To better grasp the potential price, it's important to look at the tokenomics:
Total supply: 1 billion
Initial supply: 190 million
The relatively low initial supply suggests reduced sell pressure at launch.
Market Cap: Considering the total funds raised, current market conditions, and pre-market price, the market cap is expected to fall between $280 million and $340 million. Using a standard price calculation, this could result in a token price ranging between $1.5 and $1.8.
Disclaimer: This is not financial advice. If you found this helpful, follow me for more updates and check out my Twitter: "akasaadi_".
