Scroll's TVL and $SCR price are both down by a massive 50% post-airdrop.

The community is furious but I believe Scroll's team didn't really do anything particularly bad.

Yes, communication might have been better, and allocation to Binance was too high.

However, they played the game amazingly well:

• Launched points with Marks and Badges

• TVL exploded to $1B

• Listed on Binance on day one

Absolute success!

But their mistake was missing the timing for the airdrop.

Waiting for the market to turn bullish... Instead the points-for-airdrop meta ended unexpectedly.

If only they launched a few months earlier... FDV at launch could've been 3x or 5x.

Starknet's $STRK was equally (or even more) hated yet $STRK is still trading at $731M (drop from $1.9B) vs just $129M for $SCR.

Scroll played amazingly well but following the old playbook that is now outdated.

Again, bad timing. Same goes for $EIGEN.

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All eyes are now on new token launches.

Will they play by the old playbook or invent something new?

Looking at you, Linea, Symbiotic, Zircuit, Swell, Hyperlane...

Not an easy task, but that's teams are getting paid in millions. Easy times are gone.

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