- As Shiba Inu (SHIB) threatens a bearish breakout of a key technical pattern, investors are shifting their focus to a new Initial Coin Offering (ICO) with the potential for 1000% returns.
- The new ICO, 5thScape, is a first-of-its-kind crypto-powered VR/AR project that has already raised over $5.8 million in its pre-sale.
- With the SHIB likely to drop in the near term, investors are seeking alternatives that might offer quick upside, and 5thScape appears to be the new favorite.
Investors are moving from Shiba Inu to a new ICO, 5thScape, in hopes of achieving 1000% returns. This article explores the potential of 5thScape and why it’s attracting attention.
Shiba Inu’s Bearish Breakout: An Opportunity for 5thScape?
Shiba Inu (SHIB) has formed a pennant structure in the past two months, consolidating below its 2024 highs. This pattern could break in a bullish or bearish direction, but the risk seems tilted towards a fresh downside. SHIB has found strong resistance twice in the last few weeks at its 50DMA, suggesting that the bears remain in control. If SHIB breaks below its current structure and its 100DMA, sell pressure could surge, making the new ICO, 5thScape, an attractive alternative for investors.
5thScape: A New ICO with High Potential
5thScape is a unique crypto-powered VR/AR project that is developing its own VR/AR headset and ecosystem. The economics of this ecosystem will be powered by the blockchain. The ICO’s pre-sale has been successful, raising over $5.8 million. Its token, 5SCAPE, is currently priced at a steep discount from its planned launch price, offering potential gains of 200% for early investors. With a total token supply of 5.21 billion, early investors are buying into the project at a market cap of $17 million. However, if 5thScape gains traction as a market leader, it could easily become a $100+ million market cap coin.
5thScape’s VR MMA Game: A Kickstart to Web3 Push
To kickstart its web3 push, 5thScape is developing a VR MMA game called MMA Cage Conquest. This game could potentially attract a large number of users, further boosting the value of the 5SCAPE token. There is every possibility that pre-sale investors could lock in 1000% gains. The 5SCAPE token can be bought today with ETH, MATIC, USDT, BNB, or card, with 80% of the total token supply available for purchase in the pre-sale.
Conclusion
As the crypto market continues to evolve, new opportunities like 5thScape are emerging. While Shiba Inu faces a potential bearish breakout, investors are looking for alternatives that could offer high returns. 5thScape, with its innovative VR/AR project and promising pre-sale, appears to be a strong contender. However, as with any investment, potential investors should conduct thorough research and consider the risks involved.
