The zero-knowledge rollup Scroll (SCR) achieved a significant milestone on Tuesday as crypto exchange Binance added it as its 60th launchpool project. This news sparked bullish sentiment around the token in the crypto market. Speculation is building about whether this high-profile listing on one of the top exchanges could drive SCR’s price higher in the near future.

Binance officially announced on October 8 that it will be the first platform to list Scroll (SCR), with pre-market trading set to begin October 11 at 10:00 UTC. The exchange warned that any claims of SCR sales before this time are likely fraudulent.

As the 60th launchpool project on Binance, coming after Telegram-based Catizen (CATI), Scroll will allow users to stake BNB and FDUSD to receive SCR airdrops over a two-day period. Farming for SCR tokens starts October 9, with the SCR/USDT pre-market pair opening on October 11.

The launchpool will feature a maximum token supply of 1 billion SCR. Of this, 55 million tokens (5.5% of total supply) are allocated for launchpool rewards. The initial circulating supply at listing will be 190 million tokens, representing 19% of the total supply. This high-profile listing announcement for the Bytecode-compatible zkEVM rollup has created waves across the broader crypto market.

Looking at previous Binance launchpool listings provides some context for SCR’s potential performance. CATI, the 59th launchpool project, has gained over 490% since listing on September 20. Similarly, Hamster Kombat (HMSTR), the 58th project, is up over 343% since its September 26 listing.

These impressive gains for recent Binance launchpool tokens have fueled optimism around Scroll’s upcoming debut. Many crypto enthusiasts are watching closely to see if SCR can replicate the price rallies seen by its predecessors following their Binance listings.


Leave a Reply

Your email address will not be published. Required fields are marked *