As a seasoned researcher with years of experience tracking the crypto market, I can confidently say that Binance’s decision to list Scroll (SCR) as its 60th project on Launchpool is an exciting development. Having closely observed the impact of previous listings, such as CATI and HMSTR, I find myself intrigued by the potential price action this move could trigger for SCR.
On Tuesday, Scroll (SCR), a well-known zero-knowledge rollup, reached a significant milestone. Particularly noteworthy is that Binance, a major crypto exchange, incorporated the token into its 60th Launchpool project. This move sparked optimism in the market, causing a wave of bullish sentiment towards the coin. Furthermore, crypto market followers are discussing whether this improved offering by one of the leading exchanges may positively influence the token’s price trend in the near future.
Scroll (SCR) Sacks Spot As 60th Project On Binance Launchpool
As a crypto investor, I’m thrilled to share that I’ve learned from Binance’s official announcement dated October 8th, they plan to be the pioneer in listing Scroll (SCR) tokens. Pre-market trading for this exciting new token begins on October 11th at 10 UTC. It’s important to note that any claims suggesting early sales of this token might be misleading or false advertising.
Beginning October 9, Binance Launchpool has included Scroll as its 60th project following Catizen (CATI). Users on the platform can now secure BNB and FDUSD to receive Scroll airdrops for a period of two days. Additionally, Scroll’s pre-listing will occur on October 11 at 10 UTC, with an open pre-market pair SCR/USDT available during this time.
The Launchpool holds a maximum of 1 billion coins as its total token supply. Of this, 55 million coins, or 5.5%, are allocated as rewards. At launch, the initial circulating supply on the exchange will be 190 million coins, representing 19% of the total token supply. Binance’s announcement about listing this coin has generated excitement across the market for its Bytecode-level compatible zkEVM rollup technology.
Will Listing Ignite Price Rally Ahead?
Interestingly, it’s worth noting that CATI managed to secure a spot on Binance as the 59th project in their Launchpool program. Since its listing on September 20, the value of the token has surged by more than 490%. This story seems to suggest that getting listed on one of the top cryptocurrency exchanges can significantly boost a token’s price.
Moreover, Hamster Kombat (HMSTR), another cryptocurrency project on Telegram, has been listed as the 58th project in the launchpool. The HMSTR price has surged by more than 343% since its listing on September 26, contributing to enthusiasm regarding Scroll (SCR) price movements.
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2024-10-08 15:53