Binance's combination of Launchpool and pre-market is indeed very clever, and such a combination has formed a relatively monopolistic market environment to a certain extent. At present, the pre-market circulation of Scroll (SCR) is 5.5% of BN Launchpool, that is, 55 million SCR, with a total value of about US$66 million.
Binance sets a position limit of 2,500 SCR (about US$3,000) for buyers, which leads to a huge difference in the depth of buy and sell orders, about 1:6, and the volume of sell orders is close to US$8 million. This position limit may give people the impression that purchase restrictions may indicate price increases, similar to the purchase restriction policy in the real estate market, but the actual situation may be more complicated.
In the context of the current sluggish cryptocurrency market, the prices of other projects in the Ethereum L2 series such as $arb, $op, $strak, and $zk are relatively low. As a layer2 project with a Chinese background, whether SCR's single coin price can exceed these projects is indeed worthy of investors' deep consideration. This may mean that there is a risk of inflated prices for SCR.
When considering whether to operate, investors need to further analyze factors such as the valuation of the project and the circulation of tokens to estimate a reasonable coin price. At the same time, the proper use of pre-market trading strategies can indeed bring benefits to investors, and it provides a short-selling mechanism similar to options. For example, the pre-market prices of $Zro and Eigenlayer were much higher than the opening prices, which provided arbitrage opportunities for investors participating in pre-market trading.
For investors who have goods, OTC pre-market trading can be used as a hedging tool, and it can also lock in profits in advance. For investors who do not have goods, they can also participate in the market through option strategies. However, it should be noted that these operations require investors to have certain market analysis and risk control capabilities. The final decision should still be based on personal investment strategies and risk preferences.