Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Scroll's Governance Token Launch Falls Short of Expectations Due to Token Allocation Issues

Scroll's Governance Token Launch Falls Short of Expectations Due to Token Allocation Issues

CointimeCointime2024/10/23 15:30
By:Cointime

Scroll's SCR token has experienced a 32% drop in just over 24 hours since its launch. The network's total value locked has also decreased by 24% in the past week, as investors express frustration over token supply. The top 10 airdrop recipients received 11.7% of the total drop. However, the launch of layer-2 network Scroll's governance token has failed to meet expectations due to token allocation issues, despite more than a year of anticipation.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Arkham Intel to launch a spot trading platform in the United States

Crypto analytics firm Arkham Intel intends to launch a spot trading platform in the United States, subject to jurisdiction.The platform marks the firm’s latest move into the crypto trading space in recent months.

The Block2024/11/20 17:55