search
Homeweb3.0Scroll (SCR) Pre-Market Futures Plunge to Record Low of $1.18 Ahead of Oct. 19 Airdrop

Scroll, the fast-growing zero-knowledge layer-2 network, confirmed that it would launch its airdrop on Oct. 19.

Scroll (SCR) Pre-Market Futures Plunge to Record Low of  src=

Scroll (SCR) pre-market futures hit a record low of $1.18 on Friday, Oct. 11, as traders expressed concern about the recent airdrops. At its lowest, Scroll futures were trading below the weekly highs of $1.74.

The majority of high-profile airdrops in recent months have crashed. Wormhole’s token crashed over 83% from its listing price, Hamster Kombat (HMSTR) dropped 72% from its all-time highs, and Catizen (CATI) also fell significantly.

This crash is partly due to the broader crypto market not performing well, with the fear and greed index remaining below 45. Bitcoin has also failed to move above the resistance at $65,000.

Another possible reason is that many recent airdrops have left a significant portion of their tokens locked. Wormhole has 2.58 billion tokens in circulation out of a maximum supply of 10 billion. Similarly, ZkSync has 3.6 billion tokens circulating and a maximum supply of 21 billion.

Scroll will have a maximum supply of 1 billion SCR tokens. Of these, 23% will be allocated to members that contribute to the network, 15% will be reserved for airdrops (7% in the first), and the rest will go to investors, the foundation, and ecosystem growth.

To be fair, these futures don't give us a complete picture of what will happen after the airdrop, as they are offered by a single exchange and their volume is relatively low. Its 24-hour turnover was only 854,320 contracts.

Scroll begins its first step towards decentralization.?? ??? ??????? ?? ???????? ??? ?????h ?? ??? $??? ?????.Our vision is to provide everyone, everywhere, access to a global distributed network of applications and… pic.twitter.com/SLR4UMJvXb

Scroll is one of the fastest growing blockchains in 2023, attracting 103 developers in decentralized finance.

According to DeFi Llama, it has over 83,000 addresses and a total value locked of $807 million. It also has over $103 million in stablecoins, which is a good amount for a network that was launched a year ago.

The largest dApps in its network are Pencils Protocol, AAVE, Tranches Yield, Tokan Exchange, and Kelp DAO. Pencils, the largest dApp in the ecosystem, is a farming network that allows its 709,000 users to generate yields.

Scroll has also become a significant player in the DEX industry, with its dApps handling tokens amounting to $178 million in the last seven days. These numbers make it a larger blockchain than Cardano, Near Protocol, and Algorand.

The above is the detailed content of Scroll (SCR) Pre-Market Futures Plunge to Record Low of $1.18 Ahead of Oct. 19 Airdrop. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
scroll是什么按键scroll是什么按键Feb 22, 2023 pm 02:29 PM

scroll是滚动锁定键,是计算机键盘上的功能键。scroll键常用于word和Excel中,在Scroll Lock关闭的状态下,使用翻页键时,单元格选定区域会随之发生移动;但是当按下了Scroll Lock键后,就不会移动选定的单元格。

Giga Chad Bat: A Baseball-Themed Clicker Game On Telegram Offering An AirdropGiga Chad Bat: A Baseball-Themed Clicker Game On Telegram Offering An AirdropJul 29, 2024 pm 03:34 PM

Giga Chad Bat is a baseball-themed clicker game available on Telegram as a Mini App. It was developed by the South Korean studio Delabs Games

ChainLink Token Airdrop: Get Free LINK Tokens Instantly!ChainLink Token Airdrop: Get Free LINK Tokens Instantly!Jul 30, 2024 pm 03:13 PM

Ever wondered how some folks seem to magically get free cryptocurrencies? Like, they're just sitting there, scrolling through Twitter, and boom, free ChainLink Token?

Hamster Kombat Releases Whitepaper, Plans to Do the Biggest Airdrop of All TimesHamster Kombat Releases Whitepaper, Plans to Do the Biggest Airdrop of All TimesJul 31, 2024 am 06:03 AM

The tap to earn Telegram game Hamster Kombat just released their first white paper. In their white paper they have revealed their plans in regards

The Dogs Coin ($DOGS) Airdrop: What to Expect From the Meme Coin Market's NewcomerThe Dogs Coin ($DOGS) Airdrop: What to Expect From the Meme Coin Market's NewcomerAug 18, 2024 am 03:21 AM

The Dogs Coin crypto community made an exciting announcement about a possible listing of its $DOGS token on August 20 on 15 major cryptocurrency exchanges

Cryptocurrency Project Floki Announces Binance Will Support Upcoming Airdrop of Simon's Cat Meme Coin for FLOKI Token HoldersCryptocurrency Project Floki Announces Binance Will Support Upcoming Airdrop of Simon's Cat Meme Coin for FLOKI Token HoldersAug 21, 2024 am 03:40 AM

Floki (FLOKI) has announced that Binance, the world's largest crypto exchange, will support the upcoming airdrop of Simon's Cat for holders of the FLOKI token.

滚动scroll如何理解滚动scroll如何理解May 23, 2023 pm 01:40 PM

滚动宽高scrollHeight  scrollHeight表示元素的总高度,包括由于溢出而无法展示在网页的不可见部分scrollWidth  scrollWidth表示元素的总宽度,包括由于溢出而无法展示在网页的不可见部分  [注意]IE7-浏览器返回值是不准确的  【1】没有滚动条时,scrollHeight与clientHeight属性结果相等,scrollWidth与clientWidth属性结果相等//120120console.log(test.scrollHeight,test.s

键盘scroll灯亮什么意思键盘scroll灯亮什么意思Feb 20, 2023 pm 01:42 PM

键盘scroll灯亮的意思是指“滚动锁”被启用;Scroll Lock键在win系统中不用,但是部分软件会使用到这个功能键,按下此键后,在Excel上、下键滚动时,会锁定光标而滚动页面;如果放开此键,则按上、下键时会滚动光标而不滚动页面。

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
2 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Repo: How To Revive Teammates
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Hello Kitty Island Adventure: How To Get Giant Seeds
1 months agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

EditPlus Chinese cracked version

EditPlus Chinese cracked version

Small size, syntax highlighting, does not support code prompt function

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),