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Exchange Support Fuels SCR Growth Amid Market Volatility

by

2 hours ago


The crypto asset Scroll (SCR) drew attention this week due to backing from major crypto exchanges. Recent changes have sparked interest among crypto investors.

Support from Bybit and Binance

On October 22, Bybit and Binance announced changes in the trading of SCR. Despite the listing delay on Binance, Bybit proceeded with SCR trading, sparking market speculation about exchange listing strategies.

Crypto Market Dynamics

Binance planned to add various trading pairs with Scroll, including SCR/TRY, SCR/BTC, SCR/FDUSD, and SCR/USDT. Despite the listing delay, SCR became available on Bybit as of October 22. Other exchanges, like Coinbase, are expected to support futures for SCR starting October 25.

Prospects for Scroll

Despite a 10% price drop on October 22, SCR's trading volume surged to $100.98 million, indicating increased interest. Currently, SCR is priced at $1.21, with trading volume climbing to $292.8 billion. Market developments are anticipated due to the asset's volatility and sentiment shifts.

While the market remains uncertain, interest in Scroll (SCR) and its volatility continues to draw investor attention. Upcoming changes in asset movement might significantly impact its value and market positioning.

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