Dogecoin (DOGE) has been trading around $0.1650, with holders now moving towards a new ICO called 5thScape (5SCAPE) in hopes that it will lead the way in the crypto AR/VR market. Despite the current market rally, Dogecoin holders are looking to capitalize on potential gains, as the cryptocurrency appears to be forming an ascending triangle pattern. A bullish breakout could see Dogecoin reaching March highs near $0.23, potentially providing quick 40% gains for investors. However, the bloated market cap of Dogecoin, nearing $24 billion, may limit further upside potential for the meme coin.
Long-term advocates of Dogecoin are hopeful that the cryptocurrency can reach $1, representing gains of over 6x from current levels. Achieving this milestone would require Dogecoin’s market cap to surpass $140 billion, which may be challenging even in the event of a significant Bitcoin surge. As traders look for opportunities to secure faster and larger gains, many are exploring smaller, high-risk altcoins and investing early in presale projects. 5thScape, an AR/VR project powered by the 5SCAPE token, has caught the attention of many investors due to its potential to become a market leader in the space.
5thScape is a unique crypto-infused VR/AR ecosystem featuring 5SCAPE-powered VR dApps. The project has already launched its first game, “MMA Cage Conquest,” available in beta version at the META store. The presale of the 5SCAPE token has generated significant interest, raising over $6.1 million. Investors purchasing the token at the current price of $0.00327 are acquiring it at a market cap of less than $20 million. Once the token launches at a planned $0.1, investors could see paper gains of over 200%. If 5thScape establishes itself as a market leader, the token’s market cap could exceed $200 million, potentially resulting in gains of over 10x or 1,000% for presale investors.
Investors looking to benefit from the potential growth of 5thScape need to act quickly to secure their position before the presale reaches $6.25 million. At that point, the price of the token will increase by 15% to $0.00376. The 5SCAPE token can be purchased with a range of cryptocurrencies, including ETH, MATIC, USDT, or BNB. In the presale, 80% of the total 5.1 billion token supply is available for purchase, offering investors the opportunity to get in on the ground floor of a potentially lucrative investment. However, it is crucial to remember that investing in cryptocurrencies, especially in presale projects, carries significant risks, and investors should conduct thorough research and consider their own risk tolerance before participating.