The scroll crypto project has been deployed with the mobilization of many large investment funds in the world. This is a suitable opportunity for investors to experience this newly expanded ecosystem. If you do not like to use technical analysis tools such as the Fibonacci sequence to earn more income in the market. Investors can completely earn income from the Scroll project through hunting for Airdrops. Let’s join Crypto Trading to learn more about this new project.
Hunting for Airdrop with Project Scroll Crypto and Bitcoin Halving
Originally scroll crypto was used to commemorate investors who used Scroll from the start of mainnet. However, before that, investors could only use it and could not transfer it.
What is the scroll crypto project?
scroll crypto is a layer 2 blockchain ecosystem. They are built by zkEVM technology to develop and solve the remaining problems of Ethereum. Some problems such as slow transaction speed, and high transaction fees are solved by scroll crypto. Scroll is compatible with Ethereum and they have infinite scalability. Along with that is fast confirmation time and complete decentralization.
The zkRollup solutions on the market today are all designed to focus on the application layer. This allows DApps to have consistent code across layers and makes it difficult to navigate between layers. To solve this problem, Scroll has completely adopted zkEVM. They provide a better experience for coders.
What is the Bitcoin halving cycle project?
What is halving? This is an event that occurs every 4 years. This event will occur when the number of new BTC is created. They are through the process of mining BTC by investors and will be reduced by half. The halving of the new Bitcoin supply can affect the value of BTC.
Many people believe that if supply decreases, demand will increase and the price of bitcoin may increase. However, this is a certainty and not everyone agrees with this view. Although the BTC halving creates a need to reduce the supply and demand of BTC. But it also poses challenges for Bitcoin miners.
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Why should you hunt for Airdrops through Scroll crypto
The development team behind the Scroll project consists of scientists and developers. They all have a strong background in cryptography and blockchain technology. The Scroll project has grown to 30 members from 11 different countries around the world. Scroll’s partners include DApps in the market. Including Uniswap along with Lens Protocol as two development partners.
scroll crypto combined with Fibonacci sequence in Crypto
Investors who make profits by trading currency pairs can use the Fibonacci indicator for technical analysis. They can also earn extra income by hunting for Airdrops through the scroll crypto project.
Fibonacci Sequence in the Crypto Market
The Fibonacci sequence represents an infinite series of numbers. They start with 0 and 1 and continue without stopping. The next number in the Fibonacci sequence will start with the previous two numbers added together. In the Crypto market, investors can come across Fibonacci sequences such as 1.1618 or 2.618. These are all Fibonacci levels used to determine when a cryptocurrency pair is in a trend down.
There is no fixed formula for the Fibonacci sequence in the Crypto market. However, it is believed that these sequences tend to be closely related to each other. On a chart of a cryptocurrency pair, the price needs to be confirmed when there is a breakout above the Fibo level.
Scroll’s Highlights in the Crypto Market
scroll crypto works completely compatible with Ethereum virtual machines. This allows investors and programmers to move layers with DAps. There is no need to change too much or add complex code. From there, investors can completely shorten programming time.
Scroll also helps investors process On-chain data. Then investors can upload all data to On-chain. This way helps investors increase throughput and lower processing costs when using direct sending to Ethereum. Since the project Scroll Crypto was launched, there have been more than 397,000 wallet addresses from different exchanges participating. With 6300 smart contracts executed On-chain. And 600 different tokens launched on the market.
Using Bollinger Bands Indicator in the Crypto Market
Bollinger Bands are used to trade currencies in the cryptocurrency market. In the cryptocurrency market, investors can buy, and sell coins and make profits from price differences. Using the Bollinger indicator helps investors determine the right buying and selling points. And from there you can make profits by trading cryptocurrency pairs.
A standard Bollinger Band consists of three bands, the upper band, the middle band, and the lower band. The upper Bollinger Band is calculated by multiplying the middle band with the standard deviation by the price. The price movement in the market is measured by the standard deviation. The price of a cryptocurrency pair is represented by the lower band of the indicator. The prices of cryptocurrency pairs are usually within a fixed period. The middle band of the indicator acts as an axis on the chart.
See more: Opening an Bybit exchange account for traders
What is the token prediction of scroll crypto after the halving cycle?
The halving cycle is of interest to many investors because it directly affects the market and the project scroll crypto. For investors who directly hold BTC, their assets will not fluctuate too much. However, if they want to hold more volume, this will be very difficult because there is not an abundant supply. This causes an imbalance in supply and demand in the market and causes the price of BTC to increase rapidly.
After the limitation of BTC supply. This will push many investors to turn to hunting for Airdrop on the project Scroll Crypto. Hunting for Airdrop will help investors earn more profits without any capital. Investors only need to participate in the programs and meet the conditions to receive tokens directly into the investor’s wallet.’
Conclude
Above is all the information about the ecosystem scroll crypto. Investors have the opportunity to join the Scroll ecosystem to experience products and services and receive Airdrop. Up to now, Scroll is still quite new to many investors. For more detailed information about the Scroll ecosystem, don’t forget to follow Crypto Trading every day!
FAQs
What are the main components of the basic structure of a Scroll?
scroll crypto consists of three main components. These are Scroll Node, Roller Network, and finally Rollup Bridge Contracts.
Will Scroll ecosystem launch tokens on the market?
Currently, Scroll does not have a token available for launch on the market.
How were Bridges on the Scroll ecosystem launched?
Scroll partners with Multichain, Orbiter Finance, and Hop Protocol. The main goal is to launch a seamless test net experience when investors use Scroll’s services.
