Kaspa (KAS) has recently hit a new all-time high of $0.2062 in just one week, with an increase of 16.92%. In this environment of high market
As the crypto market experiences a downturn, with BTC failing to cross crucial resistance levels, several new projects are making waves in the industry. Among them are Kaspa (KAS) and 5thScape (5SCAPE). While Kaspa has hit a new all-time high amid market volatility, 5thScape is basking in the spotlight with its highly successful presale. Here's a closer look at both tokens.
Recently, Kaspa coin has achieved a new all-time high pricing in just one week, with a 16.92% increase. This occurs during a period of market downturn, where BTC is facing resistance in moving from $69000 to $64000. Kaspa's value has surged to reach a market capitalization of over $5 billion, overtaking Polygon (MATIC) in the process. This price rise is generating anticipation among investors for further gains.
Heading this charge is 5thScape, which played a major role in the presale frenzy for Kaspa. Kaspa's development team used its official X handle to share news about its strengthening adoption and network security. This news fueled a price bounceback for the Kaspa token, which is now trending in the crypto market.
On the other hand, VR pioneer 5thScape is basking in the market's spotlight with its highly successful presale. Engagement levels for 5thScape's presale have increased multifold in the past couple of weeks, helping it reach the coveted $7 million funding. It is targeting a raise of a total of $7.5 million in the 6th presale stage, which will be culminating soon. There is a renewed interest in this project among new investors upon hearing about its market debut on CoinGecko and CMC platforms. 5SCAPE token’s listing on these renowned crypto exchanges will deliver massive returns to its early-stage investors.
5thScape offers multifaceted immersive experiences within its Ethereum-based blockchain network. With the added scalability features of Skale Network's Layer 2 sidechains, the platform offers extraordinary journeys into high-quality VR-compatible content. The project is built upon a strong foundation that keeps its users’ data safe and secure, maintaining full transparency for the transactions conducted on its platform. Its VR library hosts several entertainment and gaming experiences that are capturing broad attention. People are ditching their Gaming consoles and Netflix/Prime video subscriptions for the unparalleled immersion offered by the 5thScape ecosystem.
The Augmented Reality (AR) features will be soon unlocked on 5thScape, opening up a new portal of new experiences for its users. The broadened offerings will also invite new users to the platform. It will also boost the 5SCAPE token's circulation since its supply is capped at 5.21 billion, and no new token can be minted.
5SCAPE is an ERC-20 cryptocurrency token featuring multiple utilities. The token is used as an access pass to 5thScape's VR library. It also acts like a digital currency, allowing 5thScape's gamers to purchase exclusive upgrades and in-game content that can amplify their gaming experience. Furthermore, its staking mechanism offers a whopping 365% APY – the highest percentage seen in newly launched cryptocurrencies in the market.
5SCAPE token can't only be bought, but also earned through various platform activities. 5thScape's AAA games have a play-to-earn model, which will be best used once all the games have been released on the platform. Additionally, the implementation of a dedicated Developer Center for VR content creators will also allow them to earn 5SCAPE token by letting them monetize their creations.
The token has experienced a resounding success in its presale, with $7 million raised owing to strong market trust in the project. After each passing presale stage, the 5SCAPE token has seen a value appreciation of 15-16%, driving high profits to its initial investors. Investors considering this crypto coin investment right now can expect up to 1000x returns upon market listing. The project's presale will culminate after 6 more stages of funding. Its developers will also be raising private funding, for efficient development of its extensive AR and VR features.
5SCAPE's price at its listing will be $0.01. However, after getting broader crypto market exposure, it is expected that the coin will quickly jump to the 2 digit mark. The key metrics of VR sector's growth, be it market size or user base adoption, signal a brighter future for 5thScape's experiences. This is a key driver behind the 5SCAPE token's price appreciation.
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