Scrat is among one of the most interesting newcomers to the meme coin market in the past few days.
It is a meme coin that is based on the squirrel character from the movie Ice Age movie franchise.
In this article, we will look more into the details of the coin and its future price predictions
What is Scrat (SCRAT)
As we have already mentioned in the introductory paragraph Scrat is a meme coin that is based on and named after the Squirrel character from the Ice Age movie franchise.
The never-ending journey of Scrat(Squirrel) to get to the peanut is one of the continuing themes on the sidelines of the movie.
This spirit of relentlessness and determination is what the coin aims to portray as its image to the wider crypto community.
| Name of the token | Scrat |
| Token Marker | SCRAT |
| Current Price | $0.4625 |
| Price Change | -1.61% |
| Market Cap | $46,252,007 |
| Volume(24h) | $11,307,488 |
The all-time high price of the Scrat coin was recorded on June 26, 2024, at $0.9907 and the all-time low price of the coin was recorded at $0.3334 on June 29, 2024.
Looking at the all-time high and all-time low price of the coin the current price of the Scrat coin is 53.31% lower than the all-time high price and 38.71% higher than the all-time low price.
The coin has a Total and current supply of 99,999,998 SCRAT and a liquidity percentage of 24.42 indicating relatively lower liquidity.
Scrat (SCRAT) Market Analysis and Price Prediction
The table below shows the market predictions and analysis of the Scrat(SCRAT) coin from 2024 to 2030.
| Year | Minimum Price | Maximum Price |
| 2024 | $0.577587 | $0.684768 |
| 2025 | $ 0.54564 | $ 2.57 |
| 2026 | $ 0.455582 | $ 1.443879 |
| 2027 | $ 0.499196 | $ 1.019699 |
| 2028 | $ 0.735752 | $ 1.73221 |
| 2029 | $ 1.382311 | $ 3.44 |
| 2030 | $ 1.3643 | $ 2.21 |
The table above shows the price prediction that has been made for the coin for the years starting from 2024-2030.
Looking at the price that has been predicted for the coin it can be analyzed that the coin is likely to undergo minor corrections in the future with equal potential for an increase or decrease in its value over time.
The predictions for the year 2025 seem to be highly optimistic of the coin reaching the price of 2.57 if it manages to meet the upper limit requirements.
The maximum price of the coin for the year 2030 indicated an increase of 282.626% from the minimum price of $0.577587 that has been predicted for the coin by the end of July 2024.
This means that a person who has invested $1000 in 2024 at the low price of the coin 2024 will have their investment netting at $2826.26 by the end of 2030 as per the predictions.
But all cannot be said to be fine when it comes to the case of the Scrat (SCRAT) coin. With a look at the relative long-term and short-term indicators for the coin, the major analysts have given the coin a bearish prediction.
Individual investors might be tempted to see the 50% green day record for the coin but they are advised to consider the really short run the coin has had in the market, which at the time of writing this article is 6 days.
Similarly, the Fear and Greet index shows a neutral score of 53 with the case worsening when it comes to the technical indicators along with the market sentiment which shows a 100% bearish sentiment as of now.
The one thing to the benefit of the coin as of now is its relative freshness and short market run which could be used to argue for a more neutral look on the coin considering that usually much cannot be predicted by taking into account the lack of market data available for the coin.
Now, in the section below let us look at where you can buy the Scrat (SCRAT) coin from and the process involved in buying it.
What are the use cases of Scrat (SCRAT) tokens?
Many details aren’t available in the market regarding the functionalities and use cases of the coin. The benefit it offers to its users is similarly undetermined as of now.
The acceptance of the coin as an exchange pair or as a method of payment is also unavailable as of now.
Any further updates on the use of the coin will be something that the investors of the coin might have to look out for in the future.
Where to buy Scrat (SCRAT)
The Scrat (SCRAT) coin is available in a number of different cryptocurrency exchanges such as the following:
- gate.io
- MEXC
- Raydium
How to buy Scrat (SCRAT)
The process of buying Scrat (SCRAT) is similar to the process of buying any other cryptocurrency. The steps involved in buying the coin are as follows:
1. Opening an account
The investor must open an account in any of the aforementioned exchanges or any others that list the Scrat (SCRAT) coin.
The investor will have to set up a login name and password as the first step to opening an account.
2. Verification
The second step in the process is to verify your account with valid KYC credentials such as government documents, bank account details, phone numbers, etc.
The exchange will use these credentials to make sure of the legitimacy of the account user thus preventing any legal hurdles in the future.
3. Making payment confirmation
The user must decide on the method of payment for the coin. Many exchanges accept payment through fiat currency while others don’t.
For all the exchanges that do not offer fiat currencies the user must purchase any of the other stable coins or popular paired coins to trade for the Scrat (SCRAT) coin.
The most popular pair for exchange for the coin currently is Raydium. The buyer can either buy the Raydium token and exchange it for the Scrat (SCRAT) token or any other equivalent coin that is accepted by the exchange to complete the transaction.
4. Placing the order
Towards the last step of the buying process, the user must navigate to the page offering trade on Scrat (SCRAT) specify the price, volume, and trading pair for the order, and then execute the order.
5. Receiving and transferring the coin
The final step is to verify that you have received your coins and to make sure to transfer them to a safe crypto wallet in order to prevent loss in case of any mistake on the part of the exchange.
These are the steps that one must follow in order to buy the Scrat (SCRAT) coin. In the final thoughts, we will look at what we can formulate from the data and analysis that we have seen of the coin and predict what possible investment in the coin could look like for an investor.
Final Thoughts
By looking at the data that is available for the Scrat (SCRAT) coin we can conclude that much is yet to be discovered about the future prospects of the coin or its use cases.
However what many hope is that the journey of the Scrat (SCRAT) coin will get its good ending in its market run akin to the good ending Scrat(the squirrel from Ice Age) received after its long and tiring journey.
