Dogecoin Enthusiasts Switch to New VR ICO, Targeting 10x Returns
As Dogecoin (DOGE) attempts to push to the north of a key downtrend, its enthusiasts are switching their focus to an exciting new VR ICP called 5thScape (5SCAPE) as they target 10x returns.
Dogecoin jumped over 7% on Wednesday to the uppers $0.15s amid a broad post-CPI crypto and traditional financial market rally.
US CPI 3.4% YoY EXPECTED 3.4% pic.twitter.com/cOwqY3Qty9
— GURGAVIN (@gurgavin) May 15, 2024
At current price levels around $0.157, Dogecoin is no course to close above a key downtrend from the April yearly.
That could open the door to a move back above $0.20, assuming Dogecoin can break above $0.17 resistance.
While Dogecoin’s near-term price prospects are strong, enthusiasts might worry that its upside prospects are limited.
Dogecoin’s market cap was last around $21.5 billion. Perhaps Dogecoin could post 2x or 3x gains from current levels.
But many investors are looking for higher upside potential, such as for 10x growth.
An often-overlooked investment strategy that frequently yields 10x growth is presale investing.
Upcoming Web3 start-ups often raise funds via the sale of their native tokens at a discount.
If investors can identify web3 start-ups that will go on to become market leaders, they can make big bucks.
And one AR/VR web3 start-up conducting an ICO called 5thScape is looking very promising.
5thScape is a first-of-its-kind crypto-infused VR/AR ecosystem that will be powered by the versatile 5SCAPE token.
