As Dogecoin (DOGE) attempts to push to the north of a key downtrend, its enthusiasts are switching their focus to an exciting new VR ICO called 5thScape (5SCAPE) as they target 10x returns.
Dogecoin jumped over 7% on Wednesday to the upper $0.15s amid a broad post-CPI crypto and traditional financial market rally.
US CPI 3.4% YoY EXPECTED 3.4% pic.twitter.com/cOwqY3Qty9
— GURGAVIN (@gurgavin) May 15, 2024
At current price levels around $0.157, Dogecoin is on course to close above a key downtrend from April.
That could open the door to a move back above $0.20, assuming Dogecoin can break above the $0.17 resistance.
While Dogecoin’s near-term price prospects are strong, enthusiasts might worry that its upside prospects are limited.
Dogecoin’s market cap was last around $21.5 billion. Perhaps Dogecoin could post 2x or 3x gains from current levels at most.
However, many investors are looking for higher upside potential, such as for 10x growth.
An often-overlooked investment strategy that frequently yields 10x growth is presale investing.
Upcoming Web3 start-ups often raise funds via the sale of their native tokens at a discount.
If investors can identify web3 start-ups that will go on to become market leaders, they can make big bucks.
And one AR/VR web3 start-up conducting an ICO called 5thScape is looking very promising.
Why New VR ICO 5thScape (5SCAPE) Could Be 2024’s Best Presale
5thScape is a first-of-its-kind crypto-infused VR/AR ecosystem that will be powered by the versatile 5SCAPE token.
🌟 Unlock new dimensions with 5th Scape! Dive into adrenaline-pumping battles, precision archery, and high-speed racing—all within the limitless virtual realm. Holding 5SCAPE tokens unlocks exclusive benefits like free games, discounts, and seamless in-world transactions.
The… pic.twitter.com/LNO30KXRPW— 5th Scape (@5th_scape) April 20, 2024
Huge demand for 5SCAPE in the project’s presale suggests investors are betting heavily that 5thScape will be a market leader.
The new VR ICO has already raised close to $6 million.
At the current price of $0.00327, investors are buying into the project at a market cap of under $20 million.
They will also be sitting on paper gains of over 200% when the token launches at a planned $0.1.
If 5thScape starts to gain traction as a market leader, it could easily become a $200+ million market cap coin.
That could mean gains of over 10x for presale investors.
$5SCAPE token can be bought today with ETH, MATIC, USDT, or BNB.
80% of the total 5.1 billion token supply is available for purchase in the presale.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
