The adoption of cryptocurrency has consitently grown ever year and out of these some cryptos are are accepted at huge level. There are many issues which needs to be solved to present digital currencies as main factor. The fintech of scallop uses blockchain technology at its center part, providing users a secure entrance in the universe of crypto. Scallop utilizes blockchain technology to provide amazing solutions of banking that are fully safe and strong as solutions presently implemented by conventional banking services.
The amazing community is built, not because of user-friendly but with huge safety at its center part. This gives customers all resources they need to invest in many potential opportunities offered by crypto industry, there is no vagueness connected with its use. By interconnecting the easiness of debit card payment connected with smooth access to financial opprtunities, Scallop will make huge improvement in access for both experienced crypto users and freshers. Our purpose is to eliminate many hurdles that disturb the experience of users who are newbie from taking control of digital currency domain. The controlled bank account of Scallop along with banking application which is developed as per need of user provide smooth atmosphere that will boost confidence amongst users who are doubtful whether cryptocurrency is genuine or not. We are huge confident that by folloewing these steps we can transform cryptocurrency for general uses but it will take some time and awareness.
The conventional finance is controlled by regulatory board, these financial institutions are able to provide safety to users whereas crypto industry does not. To present the regulatory error, Scallot has obtained and has been given a crypto license from Estonia and alloted a banking license after fulfilling certain criteria from Lithuania to offer crypto and banking services across EU. Few days ago, Scallop has been granted a banking license to carry its operations in Canada. This will permit Scallop to offer payment cards, have authorised bank accounts and other advantages connected with conventional finance, while offering smooth control over crypto markets in Canada. this helps Scallops to be first financial institution at global level which provides banking services.
Scallop is first controlled neo-banking application that permits retail and industry users to enjoy advantages of decentralized community but with simplicity of conventional bank accounts.
Scallops improvement is amazing to bring change the way we look at money. The amazing solution is developed to control and change dail needs of users. this gives Scallop huge power for development of user and acceptance at worldwide level. Moreover, our goal at scallop is to deliver huge access in market to our unique applications and shift crypto in daily life of users.
The purpose of scallop is to attain control and fairness, by implementing modern blockchain technology to build base of a safe platform by appealing at global level.
Scallop Chain is first blockchgain at worldwide level which is controlled which permits users on the chain to engage with applications which are fully decentralized and other users is controlled in genuine way on chain. The Scallop Chain is a special type of cosmos chain utilizing amazing feature of tendermint PoS consensus framework. This can be explained as Scallop chain has ability of cosmos and suitable for EVM.
How is Scallop secured?
The safety on our platform is the priority and has huge importance. Following are the safety parameters:
The users are provided personal hardware wallets by scallop integrated with EAL 6 + technology and bank-grade safety to send, store and receive crypto money.
The users are given software wallets by Scallop where their money is protected in cold wallets. The unsurance of cold wallet is done by our partners to reimburse losses of upto $100 million.
The fiat money is kept in safe place at major banks and protected under FSCS in the UK and Europe.
The token contracts of Scallop is insured by one of the top leader of insurance sector to protect funds of users.
Features of Scallop Exchange
Scallop Pay – Make payment by using crypto for goods and services at your baest merchants.
Deep Liquidity – Scallop platform collects liquidity from one of the best 5 crypto platforms so that users which trade on Scallop platform receive the best price.
NFT futures – Scallop includes future exchange which permits users to trade NFT loor rate as a future contract.
Huge leverage – Scallop platform provides upto 5 times leverage on margin accounts and 100 times leverage on future and options.
Insured – Each deposit done at scallop platform, the insurance is carried by 3rd party against losing of money.
Security Exchange – It is controlled. the license is needed for centralized exchange for virtual assets such as NFT futures, stocks, NEIT.
The integration of SCLP token – The platform is strongly connected with the SCLP token where payment of trading fees can be done by utilizing SCLP tokens and is gathered to buyback and burn SCLP token.
Margin & futures – Scallop platform permits users to perform trade of derivatives which permits users to take loan and also take a trade of future and options.
Regulatory of Scallop
Scallop has been alloted crucial MSB license by FINTRAC department to perform banking functions in Canada. The license permits Scallop to undertake strong banking community in North American area which is essential, providing users and banking partners wide variety of banking services.
The Scallop Group Ltd is a company registered in England and Wales and the trading name is Scallop with company number 12764221. The Modulr Finance Ltd. is responsible for offering scallop UK accounts and debit cards controlled and managed by financial conduct authority.
Users who take part in Scallop chain they only need to share their information with regulator and are highlighted with pseudo-anonymous address as checked address. This permits users to manage their privacy from other wallets inside the chain but also obey rules and regulations that regulator would need to implement.
Regulated Wallets
The project that need to be created on Scallop chain need to go through strong KYC process along with regular KYC and AML checks. Once the process is completed, projects are developed on chain and issue a token. These tokens will be the first tokens which are fully controlled, they can be transferred and received only between KYC and AML checked wallets. For example, a token such as USDC issued on scallop chain can be transferrred and received among two authorised wallets. this framework decreases risks of scams the owner of eacxh transaction can be easily tracked from any place. This is important movement as we the crypto industry is moving ahead by offering rules and regulations and safety of transactions that perform.
Scallop (SCLP) – Price history
On 22nd April, 2024, the opening price touched $0.5512 and the closing price reached $0.4031. The maximum price hit $0.5642 and the minimum price touched $0.4019. The 24-hour trading volume hit $9,291,570 and the market cap reached $26,035,106.
On 6th May, 2024, the opening price fell by 27.41% and hit $0.4001 and the closing price was dropped by 11.01% and hit $0.3587 compared to 22nd April, 2024. The maximum price touched $0.4098 and the minimum price reached $0.3398. On 6th May, 2024, the 24-hour trading volume was reduced by 9.79% and hit $8,382,368 and the market cap was dropped by 11.03% and hit $23,165,919.
On 27th May, 2024, the opening price touched $0.384 and the closing price reached $0.3166. The maximum price saw increment of 2.59% and hit $0.4204 and the minimum price was dropped by 9.06% and hit $0.309 compared to 6th May, 2024. The 24-hour trading volume on 27th May, 2024 was reduced by 15.72% and hit $7,064,966 and the market cap was dropped by 11.75% and hit $20,444,318.
On 17th June, 2024, the opening price was reduced by 36.85% and hit $0.2425 and the closing price was dropped by 28.33% and hit $0.2269 compared to 27th May, 2024. The highest price touched $0.2530 and the lowest price reached $0.2230. The 24-hour trading volume on 17th June, 2024 was dropped by 6.31% and hit $6,618,954 and the market cap fell by 28.32% and hit $14,653,869.
On 8th July, 2024, the opening price reached $0.1806 and the closing price touched $0.1899. The maximum price was dropped by 23.75% and hit $0.1929 and the minimum price was dropped by 23.86% and hit $0.1698 compared to 17th June, 2024. The 24-hour trading volume on 8th July, 2024, was reduced by 11.65% and hit $5,847,558 and the market cap fell by 16.32% and hit $12,261,690.
Disclaimer – Cryptocurrency and Stock market is a highly volatile market and unstable. Do your proper research and study before investing. Our website aims to provide information regarding the crypto market. We are not responsible if you suffer any loss. Spend enough time on research. We are not providing investment or financial advice.
Scallop (SCLP) Price Prediction – 2024 to 2050
Year
Minimum price ($)
Average price ($)
Maximum price ($)
2024
0.2037
0.2162
0.2287
2025
0.2310
0.2461
0.2612
2026
0.2692
0.2862
0.3031
2027
0.3080
0.3296
0.3512
2028
0.3650
0.3963
0.4275
2029
0.4355
0.4793
0.5231
2030
0.5283
0.5598
0.5913
2035
0.9280
0.9557
0.9834
2040
1.7413
2.0268
2.3123
2050
4.2769
5.9657
7.6545
Scallop (SCLP) Price Prediction – 2024
If market faces bearish sentiments, the minimum projected price is anticipated to reach $0.2037. The average trading price during the end of the year is projected to hit $0.2162. Scallop is amazing decentralized community developed to provide rapid, more effective way to safely maintain crypto and fiat currencies under one roof. If market faces bullish sentiments, the maximum projected price is expected to hit $0.2287. Scallop is a strong project that joins financial services that are fully decentralized along with banking functions such as remittances, cards and more.
Scallop (SCLP) Price Prediction – 2025
If market observes downward trends, the minimum forecasted price is anticipated to hit $0.2310. The average trading price is forecasted to hit $0.2461 at the end of the year. It is possible that during the end of 2025, the goal of Scallop is to shift virtual assets into daily useIf and speed up transformation process to decentrailized community. If market faces bullish sentiments, the maximum projected price is estimated to hit $0.2612. The Scallop token has various uses such as payment of transaction fees, payment of bonuses.
Scallop (SCLP) Price Prediction – 2026
If market forces downward trends, the minimum projected price is expected to hit $0.2692. The average trading price is forecasted to hit $0.2862 at the end of the year. Scallop is only the banking service which offers straight integration of bank accounts to hardware or virtual wallets. If market faces bullish sentiments, the maximum projected price is estimated to hit $0.3031. Scallop offers conventional banking services with a robust cryptocurrency and DeFi interconnection for both organizations and individuals.
Scallop (SCLP) Price Prediction – 2027
If market observes downward trends, the minimum forecasted price is estimated to hit $0.3080. The average trading price is forecasted to hit $0.3296 at the end of the year. The scallop chain is controlled blockchain at global level which covers Scallop banking community. If market forces bullish signal, the maximum projected price is anticipated to hit $0.3512. It can boost cross-chain fintech apps and permit organization partners to create and implement safe custody services.
Scallop (SCLP) Price Prediction – 2028
If market observes downward trends, the minimum projected price is expected to hit $0.3650. The average trading price is projected to hit $0.3963 at the end of the year. scallop is top leader of virtual banking by crossing the future generation of processing fresh data. If market faces bullish signals, the maximum projected price is estimated to hit $0.4275. Scallop is kept in a different way amongst its competitors, offering an interconnected and easy suggestion that permit users to take advantage from amazing improvements in virtual money community and there are no complexities.
Scallop (SCLP) Price Prediction – 2029
If market observes bearish sentiments, the minimum projected price is anticipated to hit $0.4355. The average trading price is projected to hit $0.4793 at the end of the year. If market faces bullish signals, the maximum projected price is estimated to hit $0.5231. Scallop is the service provider that permits users to quickly chnage their cryptocurrencies with the help of their Scallop bank accounts and utilize the converted money straight either conventional or online platform.
Scallop (SCLP) Price Prediction – 2030
If market experiences declining trends, the minimum forecasted price is anticipated to hit $0.5283. The average trading price is projected to hit $0.5598 at the end of the year. If market faces bullish sentiments, the maximum projected price is estimated to reach $0.5513. Scallop offers genuine, simple to use application that can be utilized to control both conventional and cryptocurrency accounts under one roof. It includes community of products that are developed to make cryptocurrencies more operational, providing rewards to motivate.
Scallop (SCLP) Month-Wise Price Prediction – 2030
Month
Minimum price ($)
Maximum price ($)
Jan.
0.5283
0.5431
Feb.
0.5295
0.5439
March
0.5312
0.5446
April
0.5342
0.5457
May
0.5356
0.5513
June
0.5367
0.5464
July
0.5378
0.5472
Aug.
0.5384
0.5484
Sep.
0.5395
0.5491
Oct.
0.5405
0.5502
Nov.
0.5412
0.5508
Dec.
0.5421
0.5512
Scallop (SCLP) Price Prediction – 2035
If market faces bearish sentiments, the minimum projected price is estimated to hit $0.9280. The average trading price is projected to hit $0.9557 at the end of the year. If market follows bullish sentiments, the maximum projected price is expected to reach $0.9837.
Scallop (SCLP) Month-Wise Price Prediction – 2035
Month
Minimum price ($)
Maximum price ($)
Jan.
0.9294
0.9837
Feb.
0.9312
0.9475
March
0.9280
0.9523
April
0.9334
0.9546
May
0.9346
0.9534
June
0.9357
0.9575
July
0.9367
0.9624
Aug.
0.9375
0.9638
Sep.
0.9384
0.9649
Oct.
0.9423
0.9658
Nov.
0.9434
0.9724
Dec.
0.9446
0.9738
Scallop (SCLP) Price Prediction – 2040
If market faces bearish sentiments, the minimum projected price is expected to reach $1.7413. The average trading price is projected to hit $2.0268 at the end of the year. If market faces bullish sentiments, the maximum projected price is anticipated to reach $2.3123.
Scallop (SCLP) Month-Wise Price Prediction – 2040
Month
Minimum price ($)
Maximum price ($)
Jan.
1.7512
1.7823
Feb.
1.7523
1.7845
March
1.7534
2.3123
April
1.7549
1.7856
May
1.7413
1.7864
June
1.7623
1.7867
July
1.7689
1.7875
Aug.
1.7645
1.7885
Sep.
1.7712
2.1232
Oct.
1.7734
2.1346
Nov.
1.7746
2.1475
Dec.
1.7767
2.1578
Scallop (SCLP) Price Prediction – 2050
If market faces bearish sentiments, the minimum projected price is anticipated to hit $4.2769. The average trading price is projected to hit $5.9657 at the end of the year. If market faces bullish sentiments, the maximum projected price is estimated to hit $7.6545.
FAQs
Q1) What is Circulating, Total, and Maximum supply of Scallop (SCLP) coin?
Ans – TheCirculating supply is 64,582,951 SCLP, Total supply is 100,000,000 SCLP, and Maximum supply of Scallop (SCLP) coin is not available.
Q2) What is Future of Scallop (SCLP) coin?
Ans – The future of Scallop coin is very bright and has lot of potential. If we analyze price forecast from 2025 to 2030, we can observe that SCLP coin shows 12 to 15% griowth every year.
Q3) What is price of Scallop (SCLP) coin today?
Ans – The current price of Scallop (SCLP) coin is $0.2018 with market cap of $12,994,018 and 24-hour trading volume of $940,968.
Q4) How high can price of Scallop (SCLP) coin?
Ans – The maximum projected price is anticipated to reach $0.5913 by 2030, if we consider 5 year plan.
Q5) What is All-time high and All-time low price of Scallop (SCLP) coin?
Ans – The All-time high price is $155.17 and All-time low price of Scallop (SCLP) coin is $0.1062.
Q6) Will Scallop (SCLP) coin reach $10?
Ans – Yes, Scallop (SCLP) coin can reach $10 but it will take more than 15 years i.e. after 2040. In this decade, we are not expecting SCLP coin to hit $10. But if awareness on different social media platforms such as Twitter, Instagram, Reddit, Youtube rises and sudden demand of SCLP coin increases then it is possible that within short time it may hit $10. The cryptocurrency is highly volatile market, prices may increase and drop at any time.
Q7) Is Scallop (SCLP) coin a good investment?
Ans – Yes, Scallop (SCLP) coin can be a good investment but only if you are planning to invest for long term purpose. The circulating supply is 64,582,951 SCLP, the total supply is 100,000,000 SCLP, and maximum supply of SCLP coin is not available. The market cap is $12,994,018 and market rank is #953. The 24-hour trading volume is $940,968 and fully diluted market cap is $20,116,567.
Q8) From where can you buy Scallop (SCLP) coin?
Ans – The top cryptocurrency exchange platform from where you can buy, sell, and trade Scallop (SCLP) coin is KuCoin, MEXC, Gate.io, Bitget, BitMart.
Q9) How much should a beginner invest or trade in Scallop (SCLP) coin?
Ans – If you are a beginner then you should spend maximum time in researching crypto market, study chart patterns, learn technical and fundamental analysis, watch crypto news channel. If you are a newbie then you should not invest more than $100 in crypto market. Once you gain deep knowledge and experience then you can gradually increase your investment as per your budget. The reason we recommend minimum investment is if you suffer loss it would not make any huge difference.
If any trader or investor has more than 5 years of experience in crypto market then he should invest as per his budget.
Q10) Is Scallop (SCLP) coin a Scam or Legit?
Ans – This question is one of the m,ost popular question asked by many investors and traders as they are excited to know whether Scallop coin is scam or not. the scallop coin is listed on popular coin listing platform coinmarketcap. the blcokchain developers and engineers review each coin or token before listing on their platform. If they find any suspicious activity such as manipulation of market cap and trading volume by crypto project owners. They will eliminate coin or token from their platform.
The another factor is that it is traded on popular trading platforms such as MEXC, Bitgert, BitMart.
As per our opinion and research, Scallop (SCLP) coin is not a Scam and it is genuine.
