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5th Scape, a new VR cryptocurrency, has raised $6 million and is poised for significant growth according to investors and analysts.
The new crypto presale of 5th Scape has hit a new milestone after raising $6 million. 5th Scape is a VR cryptocurrency that harnesses this new technology to enrich gaming.
The project’s presale is ongoing, and investors can currently buy it for $0.00327. However, this price is expected to rise throughout the next stages of the campaign. According to its website, the exchange’s launch will begin at $0.01 – a 205% markup from today’s price.
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Leading analysts tip 5SCAPE to boom after IEO
While the 5th Scape launch has been fruitful, analysts’ opinions suggest its momentum could continue far beyond its presale. One of these predictions comes from prominent early-stage investor Crypto Boy, who anticipates 100x gains are on the cards.
Alongside its early momentum, one of the trader’s key talking points was the expansive ecosystem that 5th Scape aims to build.
Adding to the excitement, analysts from the Cryptonews YouTube channel also speculate that 100x gains are possible following the presale.
Indeed, these predictions reflect a positive outlook for the project, but another consideration is that 5th Scape is gaining notoriety among leading media outlets. For instance, the likes of CryptoPotato, The Economic Times, and Techopedia have all featured the presale.
As well as providing tremendous exposure for community growth, this coverage reflects the power of 5th Scape’s one-of-one use case.
5th Scape carves a new path
With AI cryptos like Bittensor, Fetch.ai, Akash Network, and SingularityNET all booking massive gains this year, many investors feel sidelined or like they missed this market cycle’s big narrative.
However, the VR revolution is emerging and bringing massive opportunities for gains. In other words, VR-cryptos could provide a second moonshot for those who missed the AI boom.
Render is spearheading the sector, providing a GPU computation network for developers to render VR graphics alongside training AI models and other computationally demanding tasks. The project boasts a whopping $3.9 billion market cap and is up over 340% this year.
However, while Render delivers the infrastructure for VR, crypto’s VR application-layer landscape remains wide open. Indeed, the advent of 5th Scape could change this and give the project a first-mover advantage.
5th Scape will introduce a myriad of different VR-enhanced experiences to the blockchain industry – these include gaming, education, and entertainment.
Its first venture is Cage Conquest, a mixed martial arts-themed game with various modes and hyper-realistic escapades. The game is already live on the Meta Quest Store, available at a price of $9.99.
5th Scape’s roadmap also includes plans for soccer, archery, racing, and cricket games. Another standout feature of 5th Scape is its proprietary VR headsets and gaming chairs, which will help cultivate unparalleled experiences while distinguishing it from other VR projects.
The 5SCAPE token will transfer value through the project’s ecosystem and provide holders with benefits like exclusive access to new features, community interaction opportunities, lifetime access to the ecosystem, and the potential for capital growth.
Overall, this blend of analyst support, a unique use case, and inherent token utility could make 5th Scape one of crypto’s hottest contenders. Given that it remains in its presale stage, investors have a rare opportunity to invest in an emerging sector early.
However, the presale price will increase once the total raise hits $6.25 million, so those seeking the most value for money must act fast.
To learn more about the project, visit the 5th Scape presale.
Read more: Render price surging as traders eye 5th Scape as VR crypto contender
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