Shiba Inu (SHIB) has experienced a strong comeback after finding support above a key resistance-turned-support zone, currently trading at $0.000027 with a 47% bounce from monthly lows. Investors are eyeing potential 1,000% returns from the new virtual reality ICO called 5thScape (5SCAPE). If SHIB can break above its 21-day moving average, it could indicate the end of its recent downtrend, potentially leading to a retest of 2024 highs. While SHiba Inu’s near-term outlook is positive, its high market cap of $16 billion could limit potential gains. Investors are turning to 5thScape for bigger profits.
5thScape, a crypto-powered VR/AR project, has raised over $5.5 million and offers its $5 SCAPE token as a central part of its vision. With a presale price of $0.00327, investors can potentially earn 200% profits compared to the planned launch price of $0.1. The project has a total token supply of 5.1 billion, presenting an opportunity to buy in at a market cap of $16 million. There is speculation that 5thScape could become a major player in the VR/AR market with potential for a $500 million market cap, attracting investors with its growth prospects.
Crypto influencers like Decrypto Crypto and Michael Wrubel have expressed bullish sentiments towards 5thScape, highlighting its potential for significant growth. Users can stake $5SCAPE tokens, unlock various features, and utilize the currency for in-game transactions, earning rewards and access to premium content. Developers have the opportunity to earn $5SCAPE tokens by creating games for the platform, fostering a dynamic ecosystem for gamers and creators alike. 5thScape offers a range of exciting games and experiences that users can engage with, utilizing the Ethereum network and Skale Network Layer 2 technology for scalability.
In addition to its software offerings, 5thScape is developing its own VR headset and VR chair to enhance the user experience, promising comfort, ergonomics, precise motion tracking, and intuitive controls. Funds raised in the presale will support the development of hardware, network infrastructure, and overall project expansion. The project’s leadership team, led by CEO Anoj Kumar, is visible on the website along with active wallet widgets showing global purchasing activity. Purchases of $5SCAPE tokens can be made with various cryptocurrencies, with 80% of the total token supply available in the presale.
The community around 5thScape is rapidly growing, with thousands of members on social media platforms like Discord, Telegram, Twitter, and YouTube. The project has garnered significant interest from investors looking to participate in the virtual reality and augmented reality space. While the potential for high returns exists, it is important to proceed with caution when investing in crypto assets due to their volatile nature. This article serves as informational content and does not constitute investment advice. Investors should conduct their own research and risk assessment before committing capital to any project.
