Dogecoin Enthusiasts Embrace New VR ICO, Aiming for 10x Returns
By Joel Frank
Updated on:
May 15, 2024 17:52 EDT
|
Reading Time: 1 minute
Dogecoin Enthusiasts Embrace New VR ICO, Aiming for 10x Returns / Source: Cryptonews
As Dogecoin (DOGE) makes efforts to surpass a significant downtrend, its enthusiasts are turning their attention to an exciting new VR Initial Coin Offering (ICO) called 5thScape (5SCAPE), with hopes of achieving 10 times their initial investment.
On Wednesday, Dogecoin surged over 7% to reach the upper $0.15 range, riding the wave of a widespread crypto and traditional financial market rally following the Consumer Price Index (CPI) release.
With its current price hovering around $0.157, Dogecoin seems poised to close above a key downtrend that originated in April.
If Dogecoin manages to break through the $0.17 resistance level, it could pave the way for a climb back above $0.20.
While Dogecoin’s short-term price outlook appears promising, some enthusiasts may have concerns about its long-term potential.
The market capitalization of Dogecoin currently stands at approximately $21.5 billion, suggesting that the coin may be capable of generating at most two to three times its current value.
However, many investors are seeking higher returns, such as a tenfold increase.
One often-overlooked investment strategy that frequently yields such returns is participating in presales.
Upcoming Web3 start-ups often raise funds by offering their native tokens at discounted prices.
By identifying web3 start-ups that go on to become industry leaders, investors can achieve significant profits.
And one such web3 start-up in the AR/VR space, conducting an ICO under the name 5thScape, shows great promise.
Why New VR ICO 5thScape (5SCAPE) Could Be the Best Presale of 2024
5thScape is a groundbreaking VR/AR ecosystem that integrates cryptocurrency and will rely on the versatile 5SCAPE token.
The strong demand for 5SCAPE in the project’s presale indicates that investors have high hopes for 5thScape to become a leader in the market.
The new VR ICO has already raised nearly $6 million.
At the current price of $0.00327, investors are acquiring tokens at a market capitalization of less than $20 million.
When the token is launched at the planned price of $0.1, investors will already have gained over 200% in paper profits.
If 5thScape gains momentum as a market leader, its market capitalization could easily exceed $200 million, resulting in returns of over tenfold for presale investors.
The 5SCAPE token can be purchased today using ETH, MATIC, USDT, or BNB.
80% of the total token supply of 5.1 billion is available for purchase during the presale.
Purchase 5SCAPE Here
Follow Us on Google News
Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes only and does not constitute investment advice. There is a possibility of losing all of your capital.
