Current price of is $SCR /USDT, $0.280, with a 9.80% increase in the last 24 hours.
Key Metrics:
- Market Capitalization: $50.58 million-$53.39 million, ranking #19 in the Layer 2 sector and #452 overall
- 24-hour Trading Volume: $3.98 million-$33.77 million, indicating robust trading activity
- Circulating Supply: 190 million SCR tokens
- Total Supply: 1 billion SCR tokens
- All-Time High: $1.43994-$1.94, reached on October 11, 2024
- All-Time Low: $0.207619-$0.22966656
Price Movement:
- 24-hour Change: +0.97% to +9.77%
- 7-day Change: +10.59% to +11.83%
- 1-month Change: -7.56% to -8.42%
- 3-month Change: -15.70%
Technical Analysis:
The technical indicators suggest a neutral to buy signal, with some analysts predicting potential price increases. The Relative Strength Index (RSI) is around 58.22, indicating a neutral position. Moving averages are mostly bullish, with short-term and long-term moving averages indicating a buy signal.
Potential Use Cases:
- Governance: SCR token holders can participate in decision-making processes, shaping the network's future
- Staking: SCR tokens can be staked to support network operations and earn rewards
- Decentralized Applications: Scroll's zk-rollup technology makes it attractive for developers building dApps in areas like DeFi, NFTs, and gaming.
Note :Keep in mind that cryptocurrency markets are highly volatile and flactuate prices rapidly do your own research and consider multiple factors before making investment decisions.
