Here are the reasons $SCR can easily double from its current price:
1- Low Market Cap: The market cap is about $120 million, which is low compared to other Layer 2 projects such as IMX, $OP , and $ARB . All three of these projects have market caps over $1 billion.
2- Token Minting Schedule: New tokens will be minted by April 2025, which is still far away.
3- New Token on Binance: Being a new coin on Binance, it carries the potential for high rewards due to its high-risk nature, and this might be feature somehow.
This is my honest analysis of this coin. Trade with caution!