About Scallop
Market Stats
Market Cap
$1,975,722.95
FDV
$3,549,422.00
Circulating Supply
55,663,230.66 SCLP
Max Supply
100,000,000 SCLP
Total Supply
100,000,000 SCLP
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$189.60
0.55%
All time high
$0.0391
Additional info about Scallop
Networks and details
The price of Scallop has decreased by 7.72% in the last hour and decreased by 7.92% in the past 24 hours. Scallop’s price has also fallen by 13.46% in the past week. The current price is $0.0355 per SCLP with a 24-hour trading volume of $189.60. Currently, Scallop is valued at 9.15% below its all time high of $0.0391. This all-time high was the highest price paid for Scallop since its launch.
The current circulating supply of Scallop is 55,663,230.66 SCLP which means that Scallop has as total market cap of $1,975,722.95.
Price history
Today | $0.0355 | ↘ 7.92% |
1 Day | $0.0385 | ↘ 7.92% |
1 Week | $0.0410 | ↘ 13.46% |
1 Month | $0.0634 | ↘ 44.02% |
1 Year | $0.40 | ↘ 91.11% |
Market details
Performance against other markets | ↘ 91.61% |
Performance against BTC | ↘ 92.71% |
Performance against ETH | ↘ 82.91% |
Performance in the past year | ↘ 91.11% |
FAQ
Scallop (SCLP) aims to be a regulated decentralized finance (DeFi) banking application that allows retail and institutional users to profit from decentralized ecosystems. The main objective of Scallop aims to mainstream DeFi activities.
Cryptocurrency acceptance has steadily grown with a gradual increase in use cases. However, swapping funds between centralized and decentralized financial ecosystems is still cumbersome. Also, complex DeFi structures create entry barriers for large-scale adoption. Users cannot easily convert cryptocurrencies to conventional assets used in everyday transactions. To address this, the whitepaper highlights that Scallop aims to use the blockchain to provide consumers with financial solutions that are secure and reliable.
The resulting environment seeks to be secure, but it is also user friendly. Scallop's technology aims to provide tools for customers to benefit from the cryptocurrency market without the complication or ambiguity that has hitherto accompanied their use. Focusing on this, Scallop aims to make the platform more accessible for both crypto knowledgeable users and novices by combining the comfort of an ordinary payment card to be easily used in the DeFi ecosystem.
According to the whitepaper, the Scallop token (SCLP) is a Binance Smart Chain (BSC) network utility token. Binance Smart Chain is a parallel chain that runs smart contracts on the Binance exchange. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Scallop developers chose BSC due to its broad range of DeFi capabilities. SCLP tokens can be used to pay for the exchange/transaction costs, monthly management fee, institutional management fee, loading & unloading fee, and token hosting fee.
Raj Bagadi and Mindy Bejawn cofounded Scallop, where Bagadi is the CEO and Bejawn is the COO. Bagadi has a master's degree in business development and management and a postgraduate certificate in economic development from Oxford. In the United Kingdom, he is also a certified anti-money laundering specialist.
The whitepaper mentions a maximum total supply of 100,000,000 SCLPs.
We update our Scallop to USD currency in real-time. Get the live price of Scallop on Coinbase.
The current market cap of Scallop is $1.98M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Scallop is $0.0391. This all-time high is highest price paid for Scallop since it was launched.
Over the last 24 hours, the trading volume of Scallop is $189.60.
Assets that have a similar market cap to Scallop include BNBDragon, RabbitSwap, TRM, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Scallop is 56 million.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Scallop news
Social stats
Popularity in posts
#2648
Contributors
48
Posts
602,417
% About Scallop
0.009%
Hold times
0 days
X (Twitter)
12.77% bullish
Sentiment
3 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
48 unique individuals are talking about Scallop and it is ranked #2,648 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Scallop has an average sentiment score of 3 out of 5. Finally, Scallop is becoming more newsworthy, with 0 news articles published about Scallop. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Scallop. There were 12.77% of tweets with bullish sentiment compared to 12.77% of tweets with a bearish sentiment about Scallop. 74.47% of tweets were neutral about Scallop. These sentiments are based on 49 tweets.
On Reddit, Scallop was mentioned in 9 Reddit posts and there were 25 comments about Scallop. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Scallop calculator
Related assets
Discover conversions
GMT - MATIC
STEPN - MATIC
RPL - ALGO
Rocket Pool - ALGO
BNT - USDD
Bancor Network Token - USDD
COTI - JST
COTI - JST
ELA - PAXG
Elastos - PAXG
INDEX - LSETH
Index Cooperative - LSETH
GNO - IPV
Gnosis - IPV
BADGER - BSOL
Badger DAO - BSOL
ROSE - RUNE
Oasis Network - RUNE
DIA - ETC
DIA - ETC
FET - VBNB
Artificial Superintelligence Alliance - VBNB
G - AXL
Gravity - AXL
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.