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Topic: Scroll TGE announced. Could this signal bullish ETH Run? (Read 305 times)

full member
Activity: 154
Merit: 115
You mentioned something that is not really relevant. Scroll TGE cannot be an Ethereum bullish signal.
If it was, there would have been bull signals on Starknet or other L2s.
Scroll airdrop was already pretty bad, the community doesn't give good comments about Scroll, so there was an excessive money outflow afterwards. I even heard that a platform did rugpull.
hero member
Activity: 2828
Merit: 611
it was a flop as expected, the L2 trend faded, the L2 devs are as usual, milking their community until the last drop. it's no wonder that so many people get disappointed Grin.
I personally think thats it with staking meta. the reward never lives up to the expectation and finally we're coming to the final phase of staking meta where eventually everything become diluted and nobody getting interested anymore.

just see the marketcap of scroll



and i'm expecting this coin to go down further in price.

makes me wonder why the ZK based L2s in general are just massive shitfest Grin.
If you are not new in here and have an experience about these crypto projects or airdrops, then you could have known if what will be their faith but others who are not like that can still expect something positive. That is only the thing that they got for them to keep on going, since they already started it. Each trend has an end and so as this layer two projects.

I think that is also because there are lots of them now, so newer ones are not relevant anymore and like you said, are only created to milk the community. In fact even older projects do also has an intention to earn but it's okay since they still have a great contribution to the community.
jr. member
Activity: 70
Merit: 1
Scroll TGE has nothing to do with ETH it just another layer 2 that is kind of hype right now, the airdrop itself didn't give the user lot of allocation.
-cut-
It's literally build on ETH.

it was a flop as expected, the L2 trend faded, the L2 devs are as usual, milking their community until the last drop. it's no wonder that so many people get disappointed Grin.
I personally think thats it with staking meta. the reward never lives up to the expectation and finally we're coming to the final phase of staking meta where eventually everything become diluted and nobody getting interested anymore.

just see the marketcap of scroll



and i'm expecting this coin to go down further in price.

makes me wonder why the ZK based L2s in general are just massive shitfest Grin.
While airdrop itself was a fiasco, this is not about scamming/milkng community or about a trend. Markets might think that L2:s are about a trend, i see this as being about development, and every contribution of eth or eth layer 2 development counts. Especially when team is full of geniuses like with Scroll.

And what's the alternative here? If they would have build new L1 for some reason, would people said that there's so many L1:s that no one has any reason to build new experimental and unsafe L1, because their solution could be implemented on existing L1? Because it's contribution for the same boat everyone is on already, towards the greater good.

Yeah, at least the project is there, it's not like Scroll was a meme that did it only for the hype or something, however, the allocation, as far as I heard from people, wasn't that good.
Some only got back what they've spent on fees  Grin
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
Scroll TGE has nothing to do with ETH it just another layer 2 that is kind of hype right now, the airdrop itself didn't give the user lot of allocation.
-cut-
It's literally build on ETH.

it was a flop as expected, the L2 trend faded, the L2 devs are as usual, milking their community until the last drop. it's no wonder that so many people get disappointed Grin.
I personally think thats it with staking meta. the reward never lives up to the expectation and finally we're coming to the final phase of staking meta where eventually everything become diluted and nobody getting interested anymore.

just see the marketcap of scroll



and i'm expecting this coin to go down further in price.

makes me wonder why the ZK based L2s in general are just massive shitfest Grin.
While airdrop itself was a fiasco, this is not about scamming/milkng community or about a trend. Markets might think that L2:s are about a trend, i see this as being about development, and every contribution of eth or eth layer 2 development counts. Especially when team is full of geniuses like with Scroll.

And what's the alternative here? If they would have build new L1 for some reason, would people said that there's so many L1:s that no one has any reason to build new experimental and unsafe L1, because their solution could be implemented on existing L1? Because it's contribution for the same boat everyone is on already, towards the greater good.
jr. member
Activity: 70
Merit: 1
Scroll TGE has nothing to do with ETH it just another layer 2 that is kind of hype right now, the airdrop itself didn't give the user lot of allocation.

Tho Layer 2 is on the rise right know but if you take a deep into layer 2 world there is bunch of it including the upcoming airdrop of the Linea another layer 2 that hugely invested by Consensys that have funding round of 700Million the company behind Metamask

I wish eth hits bull run because when ETH is bull means that other altcoin also pump

Scroll wasn't good as well as I saw it, maybe Linea will be better, but as seeing the trend myself, the drops are now not in a great spot as an activity to do in the space, currently  Grin
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
 Scroll TGE has nothing to do with ETH it just another layer 2 that is kind of hype right now, the airdrop itself didn't give the user lot of allocation.

Tho Layer 2 is on the rise right know but if you take a deep into layer 2 world there is bunch of it including the upcoming airdrop of the Linea another layer 2 that hugely invested by Consensys that have funding round of 700Million the company behind Metamask

I wish eth hits bull run because when ETH is bull means that other altcoin also pump
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
After Starknet did its users dirty, Scroll promised that they would uphold their community values and put their users interests first but then turned back to give Binance 5% tokens then try to justify it by saying the project needs binance to succeed — forgetting that even if they have the best integratuons, as long as there are no users left to use it after all is said and done, it'd be just another worthless L2.

I see people complaining about too many L2s — Layer-2s would've worked but some teams got very greedy. Blast for example, the founder created blast because he apparently didn't cashout enough from a prior project : Blur NFT marketplace.

I'm guessing the displeasure from the community is robbing of SCR price trend. Which has been consistently bearish since tge

What do you think they can do to get users on their side? Bounties or something?.

there will be no amount of effort can get users on their side at this point, they can make season 2 airdrop, but then if they milk even a little bit people would put them at scrutinize, it's zksync all over again.
people are still mad at the allocation that they are willing to keep themselves from interacting in zksync blockchain at all  Roll Eyes, this puts into perspective that the devs' attempt of milking the community will crash down back at them.
same thing with scroll, probably just gonna be empty chain with low tvl in a year or two.

the optimistic rollups L2 like optimism will always be the leading blockchain, their reward are so good that people are still feeling grateful to this day.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
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What do you think they can do to get users on their side? Bounties or something?.

That's one way to do it but it has to be community centric because a lot of users have lost faith in layer2s so Scroll has to use their ecosystem fund very well. Scroll rinsed at over $1.5B FDV and now trading below $1B FDV. They need to launch community focused programs ASAP because right now, there are no reasons for users to keep using the Scroll network. The oversaturation of layer2s makes this hard too.
member
Activity: 214
Merit: 10
After Starknet did its users dirty, Scroll promised that they would uphold their community values and put their users interests first but then turned back to give Binance 5% tokens then try to justify it by saying the project needs binance to succeed — forgetting that even if they have the best integratuons, as long as there are no users left to use it after all is said and done, it'd be just another worthless L2.

I see people complaining about too many L2s — Layer-2s would've worked but some teams got very greedy. Blast for example, the founder created blast because he apparently didn't cashout enough from a prior project : Blur NFT marketplace.

I'm guessing the displeasure from the community is robbing of SCR price trend. Which has been consistently bearish since tge

What do you think they can do to get users on their side? Bounties or something?.
member
Activity: 214
Merit: 10
Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.

It seems all airdrop these days have been awful
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
After Starknet did its users dirty, Scroll promised that they would uphold their community values and put their users interests first but then turned back to give Binance 5% tokens then try to justify it by saying the project needs binance to succeed — forgetting that even if they have the best integratuons, as long as there are no users left to use it after all is said and done, it'd be just another worthless L2.

I see people complaining about too many L2s — Layer-2s would've worked but some teams got very greedy. Blast for example, the founder created blast because he apparently didn't cashout enough from a prior project : Blur NFT marketplace.
member
Activity: 176
Merit: 34
SOL.BIOKRIPT.COM

Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.

Judging from its development, it is difficult to spur rapid growth as expected, for they are very disappointed with the airdrop scroll even though it creates short-term liquidity, just to attract the attention of people who in reality may fall that's what I see now.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
How is an L2 doing TGE bullish for Ethereum? If anything, it's just more and more liquidity fragmentation.
couldn't agree more, these L2 at this point just simply unnecessary, what's up with so many devs keep deploying more and more L2  Grin.
it feels like a solution finding a problem, which doesn't exist, because too much L2 already in the market.
it's as if developers keep reinventing the wheel and the investor just like "go ahead, let's reinvent the wheel for the thousandth time" Grin.
silly, but I guess the developers are just too motivated to cash in on the L2 45% team allocation from the $1B FDV like any other L2 out there.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.

Nobody liked Scroll's airdrop distribution method. But that's fair. The Scroll team has allocated small amounts of tokens to the its stakers. The allocated token would be divided among 500k participants. What did you expect from it?

It's very obvious with a very large of participants, and you are receiving pennies. I'm seeing my friend is still facing a huge loss due to the dump in the price of Ethereum. He only received 200 bucks worth of Scroll airdrop.

That's why it's very weird to see why OP was stating that the scroll did impact the bullish trend. This damned scroll token is even dumping now. It seems to me that the scroll token's price is going down gradually starting from now.

hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?
I don't bother to check the Scroll project because I have a better thing to do with my time as all these cryptocurrencies often end up being shitcoin these days regardless of the blockchain they affiliate with. I may only consider additional meme coins on the Ethereum blockchain, it is not flooded yet and can make me move a finger.

On Scroll, Ethereum is the blockchain and not Scroll itself, so the listing of Scroll will have no significance on Ethereum but on the Scroll itself on demand and supply economics. This is evident in how ETH refuses to show a bullish pattern despite Scroll being listed yesterday, and even the Scroll has taken a downturn.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?

https://coinmarketcap.com/community/articles/6712350a2a50704bb279baf3/

I think I read the other day that he will be listed on Binance; I just don't know if I will receive anything from that scroll because my Telegram username and Binance address have already been requested. Just do the 3 tasks, and it's easy to see if there is no game task; instead, just join apps like their Twitter, Telegram channels, and others.

Then the price seems to be more than 1$ if I'm not mistaken; the start-up price is high right away. It seems to me that the ones who will benefit from this, of course,
are the whale investors of this scroll.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.
it was a flop as expected, the L2 trend faded, the L2 devs are as usual, milking their community until the last drop. it's no wonder that so many people get disappointed Grin.
I personally think thats it with staking meta. the reward never lives up to the expectation and finally we're coming to the final phase of staking meta where eventually everything become diluted and nobody getting interested anymore.

just see the marketcap of scroll



and i'm expecting this coin to go down further in price.

makes me wonder why the ZK based L2s in general are just massive shitfest Grin.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.

The fact that their team was actively trying to justify the binance launchpool allocation + a soft spot listing disguised as premarket was more damaging for the project. At this point, It's safe to say that only Arbitrum have the fairest distribution and almost all of their users were happy with the distribution. It's a different ball game now though because you have to give something in return in order to get a tier-1 listing (aka binance launchpool) otherwise, you'd be stuck with the likes of Bybit and Gate.
newbie
Activity: 4
Merit: 4
Scroll airdrop was awful. I see nobody liked the distribution.
People did stake for months and couldn't even cover gas fees. This airdrop will no effect on any Bullish run.
full member
Activity: 119
Merit: 82
If you know, you know!
Yea that's true..as a security focused scaling solution for ETH, we might see some decent runs on the projects which could bring positive engagements to ethereum. Let's see how this plays out with TGE set for tomorrow.

Since its launch in the market, Scroll has not received any pump at all, it continues to show a price decline. It is noted that today this token shows a decline of more than 10%, although the decline tends to be small, but it could be big in the next few days. What is a fair price for this Scroll token?
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