Dogecoin (DOGE) holders are starting to switch to a new ICO called 5thScape (5SCAPE) in hopes that it will become a major player in the crypto AR/VR space. Despite the Dogecoin price remaining around $0.1650, some investors see potential in 5thScape and are betting on its success. Dogecoin has shown an ascending triangle pattern, which typically precedes bullish breakouts. If this pattern plays out, Dogecoin could see gains of up to 40%, reaching levels near $0.23. While long-term advocates hope for Dogecoin to reach $1, the current market cap of nearly $24 billion suggests limited potential for further upside.
Traders looking for quicker and bigger gains often turn to smaller, more speculative altcoins for investment opportunities. One potential strategy they overlook is presale investing, where upcoming web3 projects offer tokens at a discount to early investors to fund development. 5thScape is one of the projects gaining attention due to its innovative AR/VR ecosystem and the 5SCAPE token powering it. The beta version of its game “MMA Cage Conquest” is already available in the META store, attracting interest from investors and Dogecoin holders.
The new ICO 5thScape has raised over $6.1 million through its presale, with a current price of $0.00327 and a market cap under $20 million. Investors buying in at this stage could see paper gains of over 200% when the token launches at a planned price of $0.1. If 5thScape establishes itself as a market leader, its market cap could surpass $200 million, resulting in potential gains of over 1,000% for presale investors. Due to the favorable valuation, investors are urged to act fast before the presale hits $6.25 million, causing a price increase of 15%.
Investors interested in participating in the 5thScape presale can purchase the 5SCAPE token using ETH, MATIC, USDT, or BNB. 80% of the total 5.1 billion token supply is available for purchase during the presale, offering an opportunity for investors to get in on the ground floor of this potentially lucrative project. However, it is essential to note that investing in cryptocurrencies, especially in presales, is high-risk and speculative. This article serves as informational content and does not constitute investment advice, as there is a risk of losing all capital in this asset class. To capitalize on potential gains, investors must thoroughly research and understand the risks associated with investing in cryptocurrencies.