"Binance Adds Scroll (SCR) as Launchpool’s 60th Entry"

"Binance Launchpool Welcomes Scroll (SCR) as Its 60th Project"

Scroll (SCR), a bytecode-level compatible zkEVM rollup, achieved a major milestone on October 8, 2024, when Binance announced it as the 60th project on its Launchpool. This listing has sparked optimism within the crypto community, as previous projects added to Binance’s Launchpool have witnessed significant price surges. Could Scroll follow the same path?

Scroll’s Addition to Binance Launchpool

Binance, the leading cryptocurrency exchange, confirmed the listing of Scroll (SCR) as its 60th Launchpool project. Pre-market trading is set to begin on October 11 at 10:00 UTC, with the pair SCR/USDT. The token farming will commence on October 9, allowing users to lock BNB and FDUSD to receive SCR airdrops. With a total max token supply of 1 billion SCR, 5.5% (or 55 million SCR) is allocated for farming rewards. The initial circulating supply upon listing is 190 million coins, representing 19% of the total supply.

Binance Listings and Price Surges

Recent Launchpool listings, such as Catizen (CATI) and Hamster Kombat (HMSTR), have seen explosive growth. CATI gained over 490% since its September 20 listing, while HMSTR saw a 343% increase post-listing on September 26. These examples fuel expectations that Scroll (SCR) could experience a similar price rally, driven by Binance’s colossal user base and heightened market attention.

Will Scroll’s Price Surge?

Given Binance’s track record with Launchpool projects, the market anticipates positive price movement for Scroll. While past performance isn’t always indicative of future results, the excitement surrounding the listing suggests Scroll could enjoy a strong start in the crypto market. As more users engage with Binance’s farming mechanism, the token's liquidity and trading volume may significantly increase, potentially driving its price upward.

Conclusion

Scroll’s addition to Binance Launchpool is more than just another listing—it’s a potential game-changer for the token's future. With past projects witnessing substantial price gains post-listing, all eyes are on Scroll as it gears up for its market debut.

Also read : Binance Announcement: Major Token Delistings and Conversions