Crypto investors are excited about two new tokens that are going viral.
Scroll (SCR), a cutting-edge Layer-2 solution for Ethereum, has just hit Binance Launchpool, grabbing the attention of the trading community.
At the same time, Pepe Unchained (PEPU) continues to hit big milestones in its presale – with reports that some crypto whales are now investing in the project.
Whale Investors Make Big Buys as Scroll Launches on Binance Launchpool
Binance is rolling out the red carpet for Scroll this week.
SCR, Scroll’s native token, has just launched on Binance’s Launchpool, allowing investors to earn tokens by staking their BNB or FDUSD.
The event will run for two days – with 55 million SCR tokens up for grabs.
What’s catching investors’ attention is the whale activity.
According to Lookonchain, four big investors have borrowed an enormous 195,500 BNB (around $112.4 million) from Venus to farm SCR on Binance.
These individual loans range from 39,000 to 65,000 BNB.
It’s like a massive bet on the future performance of Scroll and its SCR token.
This rush from big investors is making headlines, and with this kind of interest, it’s unsurprising that retail traders are awaiting SCR’s market debut.
Scroll’s team has revealed that the token airdrop will take place on October 22nd.
And once SCR is airdropped, a whole host of CEXs will likely line up to list it.
Scroll’s Layer-2 Tech Aims to Turbocharge Ethereum
Scroll is aiming to give Ethereum a turbo boost.
Picture Ethereum as a busy city with constant traffic jams.
Scroll steps in as a sort of “express lane,” speeding up transactions while keeping them secure.
It works by bundling transactions off-chain and then sending cryptographic proof back to Ethereum, indicating that everything is good.
The magic behind Scroll is its use of zkEVM (zero-knowledge Ethereum Virtual Machine).
It’s like a super-efficient accountant who can verify lots of transactions without revealing their details.
This means quicker trade
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Author: Felix Mollen
