Scroll Project Analysis & Price Prediction when Listing on Binance Launchpool (60th)

After a long wait, Scroll has launched, becoming the center of attention in the Layer 2 ecosystem. After BLAST, hot money continues to pour in, bringing great opportunities for investors when Binance opens SCR mining staking.

1️⃣ Scroll - Leading ZK L2:

Scroll, a ZK-rollup-based Layer 2 solution, helps reduce gas fees, shorten confirmation time (3 seconds compared to 12 seconds of Ethereum) and still maintain the security of Ethereum.

Scroll has attracted $50 million in investment from large funds such as Polychain Capital, Sequoia China and OKX, with a valuation of $1.8 billion.

2️⃣ SCR Token Model:

SCR is Scroll's native token, with many applications in the ecosystem:

- Governance: $SCR allows users to participate in protocol development decisions.

- Future: SCR will be used in decentralized sorting and proof-of-work activities, expanding multi-chain applications.

Basic information:

- Total supply: 1 billion SCR

- Distribution amount on Binance Launchpool: 55 million SCR (5.5%)

- Community airdrop: 7%

3️⃣ Listing price prediction:

Currently, the pre-sale price of SCR on Gate.io is fluctuating at 1.5 USD. At this price, the initial market capitalization can reach 285 million USD, FDV is about 1.5 billion USD. The opening price is predicted to be between 1.5 - 2 USD, and there is a possibility of a sharp increase in the short term due to investor expectations.

4️⃣ Related reports from Binance:

Binance will end the SCR mining at 08:00 on October 11, 2024, and the pre-sale will start at 18:00 on the same day. Currently, there is still one day left to stake more BNB and FDUSD to mine SCR before the official listing takes place.

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