- Home
- /Unstoppable Surge? NEAR Protocol’s 7% Rally Signals a New Era—But Is 5thScape Still Ahead?
Unstoppable Surge? NEAR Protocol’s 7% Rally Signals a New Era—But Is 5thScape Still Ahead?
NEAR Protocol has jumped 7% today and is the biggest winner of the top cryptocurrencies by market capitalization, as per CoinMarketCap
Author by
Shivani Ramrakhyani
NEAR Protocol has jumped 7% today and is the biggest winner of the top cryptocurrencies by market capitalization, as per CoinMarketCap. It has attracted more investors because it has done so during a general bullish run in the cryptocurrency market. Most analysts are unsure whether the price rise is just temporary or the start of a direction in much greater volume trade for NEAR. However, 5thScape’s platform, set to make a market debut, might act as a competition, hence closing in on traders who are always looking for new opportunities to invest their money. Although the NEAR project is struggling to compete with Terraus, its prospects are rather ambiguous in the wake of the ongoing war for supremacy in the market.
NEAR Protocol Price Prediction
After finding a spot in the list of top 20 cryptocurrencies with a high market cap shared by CoinMarketCap, the NEAR Protocol token is on a bull rally. As reported by the crypto analysts from our team at Coinfomania, NEAR Protocol (NEAR) may be eyeing a price target of $8 next. A close to 7% jump in its one-day price and increased trading volume send a positive signal for the NEAR token holders.
Technical crypto analysts have confirmed that the token has a support level at $3. Its trajectory in the coming days will mostly depend on investors’ sentiments, whether they would book their profits or continue holding their investment. The project faces high competition from other blockchain projects that are magnetizing developers with lower gas fees and better scalability solutions. NEAR Protocol will have to bring out constant updates to stay relevant in the blockchain space; otherwise, it would be easier for newer projects to trample over it.
If you have already invested in the NEAR token, you can watch your investment grow in the coming days as it enjoys its newfound position in the top cryptocurrencies list. Further diversification in your portfolio may be needed, with exposure to a novel industry, the blockchain-linked VR project brought to the market by 5thScape.
Know About 5thScape: An Immersive Tech Platform Capitalizing On New Trends
5thScape harnesses powerful blockchain technology to deliver one-of-a-kind immersive experiences. Integrated with virtual reality (VR) and augmented reality (AR) technologies, 5thScape is on a mission to make immersive entertainment and gaming available to people in the comfort of their homes.
Get to know more about 5thScape here >>
With the demand for VR entertainment rising towards the end of the pandemic, 5thScape has made a timed entry into the market with its vast VR content library. This library features attractive games, chartbuster movies, and educational materials – all with VR device compatibility. The platform gives you unparalleled immersion along with a set of physical VR accessories: the Ultra HD VR Headset and the SwiftScape Gaming Chair. Although one can access 5thScape’s content on a regular gaming console and a desktop, it is best enjoyed with its VR accessories.
This state-of-the-art blockchain-based immersive tech project has created a massive FOMO among crypto investors. Its ongoing presale recently drove a nearly $7.2 million raise, with heavy funding received from seasoned investors. Since its native cryptocurrency token, 5SCAPE, features a capped supply, which will be scarce after the presale ends, investors are accumulating it heavily into their wallets.
With the launch of other extensive features of 5thScape, such as AR integration, 4 new AAA gaming titles, 100+ VR video streams, and more, the utility of 5SCAPE will increase in the coming times. 5thScape also plans to launch a dedicated Developer Center on its platform in 2025. It will allow VR content developers to monetize their content with feasibility and earn 5SCAPE tokens.
5SCAPE Token Price Prediction
The 5SCAPE token is undoubtedly the currency of VR technology’s future. It unlocks the VR library of 5thScape, allowing its holders to access thousands of content options as they please. The future of the token is heavily reliant on the growth of VR technology, which is currently facing rapid user adoption. Both AR and VR industries are projected to have a $2 trillion market valuation in a decade. This market valuation will positively impact 5thScape’s economy as this platform is an established leader in the immersive tech segment.
5SCAPE is currently priced at $0.00376 per token, and will make a debut on crypto exchanges with a listing price of $0.01. After receiving increased mainstream market exposure, the token may outpace the other contenders in the market and reach the double-digit mark in 2025. We can anticipate a 1000x growth in its value post its market debut. The token is already set to deliver over 435x gains to those investors who bought the 5SCAPE token during its first presale stage.
The outpouring demand for 5thScape’s exclusive VR experiences along with 5SCAPE token’s scarcity would be two the major factors behind this project’s growth.
Why 5thScape Stands Out As A Compelling Investment Option
The 5thScape platform has carved its own niche in the blockchain-linked entertainment sphere. Its unique offerings, catering to the latest consumer trends, have made it stand out from even the veteran crypto projects in the market. The two leading cryptocurrencies in the market, BTC and ETH, still hold relevance in the crypto market. However, investors are now showing more interest in crypto projects with real-life applicability and growing market industries as their background. 5thScape comes from an evergreen immersive entertainment and blockchain gaming background, the highly sought-after fields in the digital space at the moment.
An infinite growth possibility awaits 5thScape as its trillion-dollar market background is rapidly expanding its user base. The 5SCAPE token, which enables all the fun experiences within 5thScape, will see a constant stream of demand and circulation once it makes its debut. It is the perfect time to invest in the future of virtual reality with the 5thScape AR/VR ecosystem during its successful presale. Grab the 5SCAPE token while it is still available under a cent, as its price will soon propel it to greater heights.
Sponsored
This is a sponsored article. Opinions expressed are those of the sponsor and readers should conduct their own due diligence before taking any decision based on information presented in this article.
With over ten years of writing experience, Shivani brings a passion for storytelling to a wide range of topics, from finance and crypto to tech, movies, DIY projects, healthcare, science, and children's development. She loves taking complex ideas and making them relatable, ensuring her readers not only understand but also enjoy what they read. Whether she’s breaking down the latest tech trends or sharing tips for nurturing young minds, Shivani’s engaging style makes her a trusted voice in her fields.
Read more about Shivani RamrakhyaniRelated Posts
Is El Salvador Softening Its Stance on Bitcoin? The IMF Deal Could Be at Risk
Wilfred Michael
Editor
Top Altcoins for Next Bull Run – 13 Coins You Need in Your Portfolio Before the Rally
Wilfred Michael
Editor
How XRP Could Push Dogecoin to $5—Plus this Rival Coin Ready to Explode 1000x
Wilfred Michael
Editor