DOGE Token Holders Seek Lucrative Returns in New VR ICO, 5thScape
Joel Frank
Last updated:
May 1, 2024 15:36 EDT
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2 min read
In their quest for extraordinary profits, DOGE token holders are exploring a groundbreaking VR ICO known as 5thScape (5SCAPE). They hope to achieve a staggering 1,763% return on their investments.
Dogecoin experienced a decline, reaching its lowest point in two months at just below $0.12. However, the current support in this range is preventing further price deterioration.
The cryptocurrency market has been experiencing a sell-off, largely due to Bitcoin ETFs witnessing outflows and a disappointing ETF debut in Hong Kong, which negatively impacted the market.
Additionally, macroeconomic challenges have contributed to the market’s struggles, with the Federal Reserve reiterating its reluctance to implement interest rate cuts in the near future. This decision stems from recent data indicating that US inflation remains uncomfortably high, including yesterday’s release of wage growth statistics.
If macro headwinds worsen later in the week, as suggested by upcoming US PMI and jobs data, Dogecoin could easily breach the $0.12 support level. This would pave the way for a rapid drop to the $0.1050 support level.
Given the bearish outlook for Dogecoin in the short term, it is not surprising that investors are seeking diversification. One project that has garnered significant attention is the new VR ICO, 5thScape.
Why 5thScape Could Be the Best Presale of 2024
The 5thScape presale has captured considerable interest, with investors anticipating its emergence as a leading player in the market.
5thScape is a pioneering VR/AR project that aims to establish a crypto-powered VR ecosystem. Investors are optimistic about its potential to become a market leader, as evidenced by the surging demand during the presale, which has already raised over $5.6 million.
Currently priced at $0.00327, 5SCAPE is available at a significant discount from its planned launch price of $0.1. This means that early investors will potentially enjoy a 200% gain when the project officially launches.
With a token supply of 5.1 billion, 5SCAPE currently boasts a market cap of $16 million. Should 5thScape gain traction as a market leader, it could easily become a coin with a market cap exceeding $100 million.
During a crypto bull run, if it reaches a market cap of $300 million, which is not an overly ambitious target, presale investors could potentially achieve returns of over 1,763%.
Investors can acquire $5SCAPE tokens today using ETH, MATIC, USDT, BNB, or card. The presale offers 80% of the total token supply for purchase.
Purchase 5SCAPE Here
Renowned crypto presale analyst Michael Wrubel has identified 5SCAPE as one of his top picks for 2024.
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Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. There is a possibility of losing all invested capital.