$SCR SIGNAL ALERT 🟢 ✨✨✨✨✨🚀
👉THIS NEWLY LAUNCHED COIN EXPERIENCED MAD HATE
WHEN FIRST LAUNCHED -
HOWEVER THINGS ARE LOOKING DIFFERENT NOW! 👍
MARKET ANALYSIS👇👇👇👇👇👇
👉Whose to Blame for Initial $SCR consecutive 14 DAYS decline from $1.28 to only $0.53? A whopping 58% decrease in price!
📜 Scroll's allocation and distribution strategy for its token.
Scroll's refusal to put an airdrop cap in place meant
that a handful of whales scooped up the majority
of available tokens.
Ahead of SCR's release, concerns were raised by
users regarding the decision to allocate 5.5%
of the total supply to the Binance Launchpool,
while only 7% was designated for the initial airdrop.
However Scroll refutes these allegations of ‘predatory’ airdrop,
and stated that they had been reflecting on
community feedback and addressing these issues.
👉LIVE PRICE DATA :
The current price of Scroll (SCR) is $0.86,
with a 24-hour trading volume of $28.6 million.
Scroll's price has increased by 4.73% in the past 24 hours.
It is ranked #353 on CoinMarketCap,
with a market cap of $163.3 million.
There are 190 million SCR coins in circulation,
out of a maximum supply of 1 billion coins.
👉Market Analysis
After hitting the ATL at around $0.53, on November 5th,
$SCR Changed it's course of action and started to trend upward
and now sitting at $0.86, with Big Green-Engulfing-Day-Candle
showing bullish signals.
Though currently SCR is moving slowly towards
in an upward trend,
it's important to note resistance at around $0.95.
If current trend crosses this threshold,
then we may see major price movement that
can possibly send price skyrocketing above $1,
in the next coming weeks.
👉Final Note
It's a strong project with useful utility;
Designed to enhance Ethereum’s speed and
affordability by handling transactions off-chain
and validating them using cryptographic proofs.
With current trend it's a good investment opportunity.
DYOR
dr_mt
