Peter Brandt, a veteran trader with decades of experience, expects Bitcoin to fall to as low as $40,000 before the next halving event. At the moment, Bitcoin’s price is around $58,200, and if it closes above $58,400, then the next highlight is $62,500. On the other hand, crypto whales are shifting focus toward 5thScape, a young project that can present a hundred times more profit than other projects that are presented now. The open interest is an essential factor for all investors to keep an eye on because as it rises, market movements up and down are significant for the BTC price. A run above the current resistance may give a bullish expansion, and a drop below $56,900 may lead to a sell-off of about 7%. Now, all attention is directed to Bitcoin and 5thScape, as the latter illustrates the potential for unprecedented growth.
BTC’s comeback is not the only highlight from the crypto town. 5thScape, which has been a hot topic in the crypto town, has finally surpassed a $7 million raise. This AR/VR project is keeping the market’s spotlight to itself, with an exciting roadmap ahead and 2 launch phases still left until 2024’s end. Its early adopters eagerly await the project’s first-ever official listing, which will happen on CoinGecko and CMC platforms.
The 5SCAPE token may make its market debut by the end of quarter 3. Before the market listing, smart investors are purchasing the 5SCAPE tokens in large amounts at its presale price. The token’s value is growing by 15% to 16% with each presale round, increasing the profits in investors’ crypto wallets. As 5thScape comes closer to its official entry into the mainstream market, one wonders if its investors would cash out their profits on listing or stick with it for the long term.
5thScape: a Long-term Bet on the Thriving VR Industry
5thScape’s combination of immersive AR/VR technologies with blockchain and unique cryptocurrency design makes it worthy of a long-term bet. We have all heard success stories of people who were lucky enough to get BTC when it was new and hold it until it reached its peak price. 5thScape may replicate the same scenario, coming from an industry that is growing like a literal mushroom cloud.
Know more about 5thScape >>
The demand for immersive experiences has increased in the post-pandemic era. There could be many reasons behind this shift in preferences of people. One of them being the easy accessibility of VR accessories. VR hardware makers like HTC, Oculus, Varjo, and others are fulfilling people’s needs for affordable physical VR accessories. Their rugged accessories offer people unmatched immersive experiences, making them feel like they are truly a part of the VR content that they are consuming.
5thScape has come across as a knight in shining armor with its HD VR-compatible content. Its premium VR library features expertly crafted content. From movies to exhilarating gaming titles and educational experiences, 5thScape fulfills all your VR content needs under a single hub. The platform is already a success with its presale, as investors can see the continuous efforts made by 5thScape’s team to keep its VR library afresh.
5thScape’s newest launch, Cage of Conquest MMA fighter game was one of the key highlights of its development. This immersive MMA game allows you to experience the throw of each and every bone-jarring punch with extreme surrealism. This game helped the platform gain maximum traction from the online gaming communities and fuelled the demand for 5SCAPE tokens.
5thScape users eagerly await the integration of AR features which is currently in process. Once this platform onboards augmented reality features that bring static content to life, 5thScape would become the ideal mixed-reality platform that its investors have shown their confidence on.
A Look at VR Technology’s Future
VR technology’s integration with a secure Ethereum-based blockchain network is the backbone of the 5thScape platform. Filling the market gap for high-quality VR-compatible content needs of immersive technology lovers, this platform has created its own niche in the market.
The thriving VR industry will be a catalyst for 5thScape’s growth, delivering continuous demand for its experiences and the 5SCAPE token. Below are some of the key market statistics about VR technology’s coming decade that would be convincing enough for skeptical investors to invest in 5thScape:
As reported by Grand View Research, VR technology’s CAGR (compounded annual growth rate) will increase by 38.1% between 2023 and 2030. The valuation of its market size stood at $31.01 billion in 2022
The gaming industry will remain a dominant niche in the VR space. However, the demand for VR technology in healthcare, real-estate, and education industries will also see an increase in the coming decade.
While clear data about the anticipated user base growth of VR technology is unavailable, it is expected that VR accessories will soon become household staples.
These factors would translate well into the growth and price appreciation of the 5SCAPE token, which is the native cryptocurrency of the 5thScape platform. This ERC-20 token serves various purposes on 5thScape’s VR content hub, from enabling users to access its VR library to acting as a universal currency within the overall platform. Let us look at its price prediction, as the token gears up for its market debut.
5SCAPE Price Prediction
The 5SCAPE token currently has 6 more presale stages to go before its completion results in mainstream market listings. However, its early debut on CoinGecko and CMC is a sign that even renowned platforms want to welcome this project into the official markets as soon as possible. Due to its scarce supply after its presale is over, 5SCAPE may see a rapid price increase and reach a double-digit valuation by 2025. Its analysts are already positive about the 5SCAPE token hitting the $10 mark in the coming year.
The token’s listing price is confirmed at $0.01, delivering up to 600x profits to its first presale stage investors. Those investing during its 6th presale stage can expect a 165% return upon 5SCAPE’s listing. 10000x gains that everyone has envisioned out of their 5SCAPE investment will become a reality if the project’s developers are able to retain the current momentum.
Conclusion: Will the Market Look Beyond BTC?
Bitcoin has made a significant move by reaching $61,500. Although it has declined to $60,200 after the European markets closed, investors are still hopeful about its rally to $70,000. There is a strong market desire for BTC to reach its post-halving event prices again.
yPredict’s AI tools can send a shockwave in the entire market, with their 3-month price prediction of BTC standing at $84,665. Its 6-month price prediction is a bigger surprise, amounting to $94,666. Investors can utilize the “mini dips” of BTC during its current surge to spread across their investments at different levels. A $94k touchpoint by the first quarter of 2025 for BTC seems highly possible if we go by yPredict’s intelligent analysis.
Meanwhile, crypto experts believe that today’s BTC feat should not overshadow 5thScape’s ongoing presale. This presale could be the last chance for one to book their premium seat in the future of VR technology’s success. 5thScape VR/AR ecosystem is an investment into the future of immersive entertainment, and its presale has lucrative bonus rewards to offer. Those investing an amount of $500 or above can get a free lifetime subscription to 5thScape’s VR gaming zone. More bonus rewards await on investments made in multiples of $500.
The strategic tokenomics of 5thScape, coupled with its presale price of under a cent, make 5SCAPE an ideal investment choice in August 2024.
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