The team behind the Layer 2 solution Scroll has launched an airdrop for the SCR token. The asset has been listed on Binance and several other leading centralized exchanges.
The $SCR airdrop claims are now live.
Find out more:https://t.co/PrcKOS3Elp
— ScroII (@Scrroll_lZKP) October 22, 2024
On October 21, developers revealed the criteria for receiving the distribution. The project allocated 7% (70 million SCR) of the total coin supply for the airdrop. Of this, 5.5% is designated for the community as a reward for network activity. Tokens will also be distributed to ecosystem applications, developers, and researchers.
On October 11, Binance announced the launch of a pre-market with real tokens, not derivatives. SCR was the first to be listed.
After trading began at 12:00 (Kyiv, MSK) on the platform’s spot market, the token rose from an initial price of $0.8 to approximately $1.25 at the time of writing, marking an increase of about 56%.
However, in the pre-market, the SCR rate was around $1.4. The exchange categorizes the asset as Seed, implying a risk of increased volatility.
The coin showed similar dynamics on Gate.io.
Trading of the Scroll token was also supported by Bitget, Bybit, and KuCoin. On the latter, in the absence of a pre-market, the opening price was $0.5. Within the first hour of trading, quotes exceeded $1.3 and at the time of writing, moved to a correction (TradingView).
Data aggregator CoinGecko records a 12.5% drop in the SCR rate over the past day. The service indicates a starting point of $1.4, according to preliminary trading on several platforms. The current weighted average token quotes are at $1.22.
Earlier this year, CoinGecko experts calculated the best time to sell airdrop tokens.