After 3 hours $SCR will be listed on binance.
So here is a price prediction of $SCR
Before talking about price, let's understand what Scroll is.
Scroll is a Layer-2 Solution built on Ethereum. They use zero knowledge proof technology to scale Ethereum solving two major problems:
1. High gas fees
2. Slow transaction speed
Tokenomics and total funding are also important to understand price, let's dive in:
Total supply = 1 billion
Initial supply = 190 million
Initial supply is kept low so we can expect low sell pressure.
Market cap:
Keeping in mind total funds raised, current market conditions and obviously pre market price; the market cap can range from 280 million - 340 million and if you use the good old formula of calculating price, the price comes out to be anything between $1.5 - $1.8
Non of this is a financial advice. If you like the post make sure to follow me for more #SCR #BINANCE