Against the backdrop of the ongoing crypto market rally, investors are beginning to take a different route, shifting focus to a new VR project called 5thScape. The buzzing virtual reality project has positioned itself as one of the most promising projects out in 2024. Consequently, enthusiasts and investors are adding it to their portfolio with expectations of a 10x ROI.
Even though the global crypto market has been experiencing a high level of volatility over the past month, the last couple of days has been promising as the majority of tokens are trading in the green zone. As a result, the total crypto market cap has surged by 8% to $2.7 trillion.
Bitcoin (BTC), the flagship cryptocurrency has grown by an impressive 14% over the last week and by 10% in the last 30 days. The price of the coin has traded between $61,262 to $71,464 in the last 7 days according to CoinGecko data. Impressively, BTC reached its all-time high of $73k on March 14. However, the potential of Bitcoin doing a 10x movement is very slim, at least not in the short term because of the size of the coin in the market.
Ethereum (ETH), the second-largest cryptocurrency by market cap has also followed in the steps of BTC. According to data from CoinMarketCap, Ethereum has surged by a notable 26% over the last 7 days and 15.88% over the past month. ETH has traded between $2,873 to $3,699 over the last week and reached its all-time high of $4,878 on November 10, 2021. Just like Bitcoin, the already established nature of Ethereum (ETH) might make it difficult to flip 100% in the short term. This is why investors are turning to newer projects like 5thScape with higher potential to do numbers.
Other top cryptocurrencies like XRP, Cardano, and Solana have exhibited significant jumps over the last month. According to the aforementioned tracker, the listed coins have surged by 6.77%, 14.64%, and 23.77% respectively. However, attention still shifts to this new token. Let us take a closer look at it.
5thScape (5SCAPE) Expected to Surge 10x Upon Exchange Listing
The growth of the virtual reality industry over the years has drawn the attention of the public. New projects like 5thScape (5SCAPE) have sprung up offering exciting features to users. The new VR gaming project is expected to surge 10x upon listing on major crypto exchanges. The integration of virtual reality and blockchain technology has given room for endless possibilities and provided a new avenue for enjoying the virtual world.
>>Click here to visit 5thScape Presale Page
According to data from Grand View Research, the virtual reality gaming market size was valued at $20.73 billion in 2022, however, this valuation is projected to surge exponentially by 22.7% by 2030. By offering real-time ability to transfer gamers into their screen, virtual reality has enhanced the gaming experience significantly.
5thScape is a platform where users can enjoy immersive virtual reality games with cutting-edge technology. In the 5thScape ecosystem, users can enjoy a wide range of thrilling 3D VR games accompanied by powerful VR headsets, and ergonomically designed gaming chairs. The ecosystem hosts a wide range of high-quality 3D games designed to give you an exciting game-playing experience. Some of the games available on 5thScape are MMA 3D, Cricket 3D, Soccer 3D, Thrust Hunter and Archery Master.
The utility token of the platform 5SCAPE presents a valuable digital asset within the Ethereum ecosystem and enables users to carry out in-game transactions. The token, having a supply of $5.21 billion, is currently on its 5th round of presale and has successfully raised $6.058 million according to data from its website. The price of acquiring the token at this round is $0.00327.
According to the whitepaper, the presale is expected to go through 12 rounds with a target of $15 million and a price increase across each round. After the final round, the token will be listed on top crypto exchanges at a listing price of $0.01 and a market cap of $52.11 million. This signifies a 101.43% increase presenting a 10x ROI for early investors.
Furthermore, different experts have analyzed the long-term price movement of the token. According to a recent analysis on Coingape, the price of 5SCAPE is expected to jump to $0.0109 by the end of 2024, and $0.0236 at the end of 2025. Holders of the 5SCAPE token will have certain benefits on the 5thScape ecosystem like basic access to all digital products, games, educational content, movies, discounts on all digital products, and more.
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