Scroll's SCR Token Debuts at $212M Market Cap in Volatile Trading Session
Scroll, a layer-2 network, has finally released its highly anticipated native governance token. Traders wasted no time in pricing SCR at approximately $1.10, resulting in a market cap of $212 million. This valuation is based on the circulating supply of 190 million tokens.
Scroll’s native governance token is set to play a crucial role in the network’s decision-making processes. With the release of SCR, users will have the opportunity to participate in key governance decisions, shaping the future of the platform.
The launch of the native token marks a significant milestone for Scroll, as it continues to solidify its position in the ever-evolving blockchain ecosystem. The team behind Scroll is excited about the potential impact of the token and is looking forward to seeing how the community engages with it.
Overall, the release of Scroll’s native governance token is a major development for the platform, offering users new opportunities to engage with and contribute to the network. With the token now live, the future looks bright for Scroll and its growing community.
