What is SCOP Coin? Disambiguation
The name "SCOP coin" may refer to multiple different digital assets or concepts. In the cryptocurrency space, it primarily refers to Scopuly Token (SCOP), a utility token built on the Stellar blockchain. Additionally, there is an Ethereum inscription concept coin with the same name. To avoid confusion, this article will primarily focus on the introduction of Scopuly Token (SCOP).
Scopuly Token (SCOP): Core Token of the Stellar Ecosystem
Scopuly Token (SCOP) is the core utility, loyalty, governance, and liquidity token of the Scopuly Stellar wallet ecosystem. Scopuly is a non-custodial Stellar DeFi wallet designed to provide users with a one-stop service, including the Stellar Decentralized Exchange (SDEX), token swaps, liquidity pools, fiat gateways, and AI assistants.
- Blockchain Foundation: SCOP is an asset on the Stellar network, meaning it benefits from Stellar's fast transaction speeds and low fees.
- Core Use Cases: Holders of SCOP tokens can unlock multiple benefits, such as earning reward tiers, participating in cashback mechanisms, gaining liquidity incentives, and accessing future premium services. It also allows users to invest in or launch Initial Exchange Offering (IEO) projects on the platform, pay transaction fees for crypto-to-fiat exchanges, and participate in future platform governance.
- Tokenomics: The total supply of SCOP is set at 10 billion tokens.
- Market Performance: As of August 29, 2026, the price of Scopuly Token (SCOP) is approximately $0.002872, with a 24-hour trading volume of about $34,400. The token has risen by approximately 6.94% in the past 24 hours and about 24.90% in the past 7 days, but its value has decreased by approximately 76.55% over the past year. Users can check its latest price and trend on market platforms like Svmuu.
Ethereum Inscription Concept Coin SCOP
In addition to the Scopuly Token on Stellar, there is another SCOP coin described as an "Ethereum inscription concept coin" deployed on the Ethereum mainnet. The mechanism of such tokens is similar to Bitcoin's Ordinals protocol, allowing users to inscribe files (usually not exceeding 96KB in size) on the Ethereum mainnet by adding specific information to transactions and recording it in blocks, thereby creating unique digital assets. This type of SCOP is completely different from Scopuly Token in terms of technical foundation and application scenarios.
SCOP ETF: Non-Cryptocurrency Clarification
In some search results, "SCOP ETF" may also appear. It needs to be clarified that an ETF (Exchange Traded Fund) is a traditional financial product and not a cryptocurrency, and it has no direct connection to the SCOP coin discussed in this article.
Where to Trade and Buy Scopuly Token (SCOP)?
For Scopuly Token (SCOP), its trading channels are relatively limited, mainly concentrated on decentralized platforms within the Stellar ecosystem. Given its current trading volume, it is crucial to be aware of liquidity risks.
- Scopuly Platform Itself (SDEX): As the native token of the Scopuly ecosystem, SCOP can be bought and sold within the Stellar Decentralized Exchange (SDEX) built into the Scopuly wallet.
- StellarTerm: This is a decentralized trading platform based on the Stellar network that supports the trading of Stellar assets, where users can look for SCOP trading pairs.
Please note that since SCOP is a Stellar asset, its trading method differs from tokens based on EVM-compatible chains like Ethereum. Users need to use a wallet that supports Stellar assets (not EVM wallets like MetaMask) for operations. Before conducting any transactions, please be sure to verify the actual trading channels and liquidity of the coin on mainstream market platforms and fully understand the associated risks.
