Binance Launchpool - Scroll - Price Analysis and Prediction

Project Highlights

Technical Updates:

Total value locked: $1.26 billion

More than 300 decentralized applications

EIP-4844 implemented for better L1 data availability (April 2024).

Updates throughout 2024 to optimize performance and reduce gas fees.

Number of transactions: 92M

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#SCROLL Threads🧵

1/ What is Scroll?

Scroll’s mission is to bring billions of users into the Ethereum ecosystem, be the most secure and trusted layer 2 network for processing trillions of dollars on-chain, and the default home for new innovations.

Scroll's vision is to provide equal access to a distributed global network of applications and services for everyone, everywhere.

2/ About the launch of the SCR token

• Token name: Scroll (SCR)

• Total token supply: 1,000,000,000 SCR

• Airdrop snapshot date: October 19, 2024

• Token launch date and airdrop request availability: October 22, 2024

3/ Utility and value of $SCR

$SCR will serve as a governance and utility token, enabling community participation, decentralized governance, testers, and sequencers – all key to the design of the Scroll protocol!

• Right of governance

• Prove that I was right

• Correct sequencing

4/ Tokenomics and award calendar

• Airdrops: 15% (7% for the first airdrop)

• Ecosystem growth: 35%

• Foundation Treasury: 10%

• Main contributors: 23%

• Investors: 17%

5/ Price prediction

With a total supply of 1,000,000,000 $SCR and comparing its potential to other Layer 2 projects:

• zkSync: $2.65 billion in VFD

• Explosion: $923 million market value

• Manta: FDV of 740 million dollars

•  Placed: 331 million dollars of VAT

Based on this, we predict that the price of SCR could range between $0.40 and $0.70 with an FDV of $400 million to $700 million for Scroll.

6/ $SCR Pre-market and Binance Launch Pool

Binance Pre-Market will then list SCR at 2024-10-11 10:00 (UTC) and open pre-market trading for the SCR/USDT pair.

Users will be able to lock their BNB and FDUSD to receive SCR airdrops for two days, and farming will begin from 2024-10-09 00:00 (UTC).

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