Against the backdrop of the ongoing crypto market rally, investors are starting to take a different route, shifting focus to a new VR project called 5thScape. The buzzing virtual reality project has positioned itself as one of the most promising projects released in 2024. As a result, enthusiasts and investors add it to their portfolio with expectations of a 10x ROI.
Although the global crypto market has experienced a high level of volatility over the past month, the last few days have been promising as most tokens are trading in the green zone. As a result, the total crypto market capitalization rose by 8% to $2.7 trillion.
Bitcoin (BTC), the flagship cryptocurrency, has grown by an impressive 14% in the past week and by 10% in the past 30 days. The price of the coin has traded between $61,262 and $71,464 in the last 7 days according to CoinGecko data. Impressively, BTC reached its peak of $73k on March 14th. However, the potential of Bitcoin doing a 10x move is very slim, at least not in the short term due to the size of the coin in the market.
Ethereum (ETH), the second largest cryptocurrency by market capitalization, also followed in BTC’s footsteps. According to data from CoinMarketCap, Ethereum has risen a remarkable 26% in the past 7 days and 15.88% in the past month. ETH traded between $2,873 and $3,699 in the past week and reached its high of $4,878 on November 10, 2021. Just like Bitcoin, the already established nature of Ethereum (ETH) may make it difficult to turn around 100% in the short term. This is why investors are turning to newer projects like 5thScape with a bigger potential to do.
Other top cryptocurrencies such as XRP, Cardano and Solana have shown significant jumps in the past month. According to the above tracker, the listed coins rose by 6.77%, 14.64% and 23.77% respectively. However, attention continues to shift to this new sign. Let’s take a closer look.
5thScape (5SCAPE) expected to rise 10x at exchange listing
The growth of the virtual reality industry over the years has caught the attention of the public. New projects like 5thScape (5SCAPE) have emerged that offer exciting features to users. The new VR game project is expected to rise 10x with listing on major crypto exchanges. The integration of virtual reality and blockchain technology has given room for endless possibilities and provided a new way to enjoy the virtual world.
>>Click here to visit 5thScape Presale Page
According to data from Grand View Research, the size of the virtual reality gaming market was valued at $20.73 billion in 2022, but this valuation is expected to grow exponentially by 22.7% by 2030. By providing real-time ability to bring players to their screen transfer, virtual reality has greatly enhanced the gaming experience.
5thScape is a platform where users can enjoy immersive virtual reality games with the latest technology. In the 5thScape ecosystem, users can enjoy a wide range of exciting 3D VR games accompanied by powerful VR headsets and ergonomically designed gaming chairs. The ecosystem hosts a wide range of high-quality 3D games designed to give you an exciting gaming experience. Some of the games available on 5thScape are MMA 3D, Cricket 3D, Soccer 3D, Thrust Hunter and Archery Master.
The utility token of the platform 5SCAPE provides a valuable digital asset within the Ethereum ecosystem and enables users to perform in-game transactions. The token, with a stock of $5.21 billion, is currently on its 5th round of presale and has successfully raised $6.058 million according to data from its website. The price for acquiring the token in this round is $0.00327.
According to the white paper, the presale is expected to go through 12 rounds with a target of $15 million and a price increase over each round. After the last round, the token will be listed on top crypto exchanges at a listing price of $0.01 and a market capitalization of $52.11 million. This represents an increase of 101.43% providing a 10x ROI for early investors.
Furthermore, different experts have analyzed the long-term price movement of the token. According to a recent analysis on Coingape, the price of 5SCAPE is expected to jump to $0.0109 by the end of 2024, and $0.0236 by the end of 2025. Holders of the 5SCAPE token will have certain benefits on the 5thScape ecosystem, such as basic access to all digital products, games, educational content, movies, discounts on all digital products, and more.
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