💥💥 SCR Listing on Binance 💥💥

SCR Listing on Binance:

Set for October 22 at 16:00, with an estimated opening price between $1.4 and $1.8.

Scroll's Valuation:

The last round of financing valued Scroll at $1.8 billion, making $1.8 a key price point.

VC Token Performance:

Historically, VC tokens rarely fall below their financing valuations (e.g., ZKsync and Puffer Finance).

Pre-market Trading:

Current prices on Binance are below the last-round valuation, with a 2,500 SCR cap per trader affecting price dynamics.

Risk-Reward Analysis:

Potential 50% gain if the price reaches $1.8.

Potential 10% loss if the price drops below the opening level.

Long-Term Outlook:

Skeptical about SCR consistently trading above $1.8; shorting opportunities may arise if the price falls over time, similar to trends seen in ZK and PUFFER.

Market Sentiment:

Success depends on how the market reacts post-listing, with attention on the gap between expectations and reality.

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