Ethereum layer-2 network Scroll conducted an airdrop of its SCR token, but recipients were dissatisfied with the small amounts they received, leading to significant selling pressure on the token. SCR has seen a 19% decline in the last 24 hours and may face further losses. The airdrop distributed 5.5% of the total SCR supply, with some allocated to on-chain participants and others distributed evenly across eligible wallets. Disappointed users voiced their frustrations, causing a surge in selling pressure and a decline in SCR's value. Technical indicators suggest a bearish sentiment and the possibility of extended decline. However, a change in market sentiment could lead to an uptrend and higher resistance levels for SCR.



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