Tech
AI Coins Outperform Bitcoin, $5SCAPE Nears $6 Million
The rise of retail investors and characters like Keith Gill, aka Roaring Kitty or DFV, has captivated the financial world in 2021. Now, the meme frenzy is backtriggered by Keith Gill’s return to X after a long hiatus.
Interestingly, Gill’s tweets have brought new life not only to $GME stocks but also to those in other countries Bitcoin tokens and AI.
After a long-lasting trend on meme coins, investors move towards utility-oriented projects with potential for long-term returns and real-world problem solving.
5th Scape ($5 LANDSCAPE) is a great example of an AI token with strong utility. Scape’s 5th VR and AR gaming ecosystem native coin offers dynamic staking APY and is now available for pre-sale, which is destined to reach the milestone of 6 million dollars by the end of this week.
Let’s see why this project attracts investors and whether artificial intelligence will become the next big thing in the cryptocurrency industry.
Meme culture meets utility
Keith Gill saved GameStop from the brink of bankruptcy in 2021, but the frenzy has also benefited other companies. For example, $AMC stock grew by 2,300%.
Together, $GME and $AMC Stocks Became Known as “Meme Stocks” and marked the start of 2021’s meme mania.
The same year saw a rise of meme coins like $DOGE and $SHIB, driven by celebrity support and community spirit. However, the entire cryptocurrency market, including speculative assets, experienced a downturn in 2022-2023.
Fast forward to 2024, and we see echoes of 2021’s meme mania. While the peak of the frenzy had subsided, tokens like $DOGE still had a loyal community who continued to trade and discuss them online.
Roaring Kitty’s May 13 tweet acted as a further catalyst. He posted a photo of a man leaning forward in his gaming chair without text. However, the context is clear to longtime followers of Roaring Kitty – suggests Keith gets back into the investing game.
Since then, Roaring Kitty has yet to post anything besides memes Retail investors celebrated its return by pouring money into GameStop ($GME) stock.which rose from $17 to $37 shortly after the market opened and it amounted to $48 closing yesterday.
The momentum of social media and the introducing meme coins with innovative featuresPleases $DOGEVERSEMulti-chain interoperability, renewed investor interest in the sector.
But while meme stocks and coins make headlines, it’s clear that investors are gravitating toward assets with substantial utility, even if they rely on memes for initial hype.
Given this trend, the rise of AI tokens pleases $5 LANDSCAPE AND $WAI it’s not surprising. THE The 5th Scape ecosystem offers hyper-realistic gamesmovies and even hardware like headphones and chairs.
It’s worth noting currently only one game is playable (Cage Conquest) and the developers will announce the release of new titles once a quarter.
The $5SCAPE token serves as a universal currency for every fifth Scape product. This means that its value is highly dependent on the success of the underlying project.
The $5SCAPE presale rewards early backers
THE Pre-sale of the $5SCAPE token launched in March 2024 and has since raised nearly $6 million. One token is now worth $0.00327, 74% higher than the initial price of $0.00187. However, the pre-sale is far from the final stages and we will see further price increases down the road.
Of the total token supply of 5.211 billion, 80% is for pre-sale. However, the tokens will be locked for eight weeks after the presale ends reduce immediate selling pressure and maintain the value of $5SCAPE.
Staking with highly dynamic APY and access to exclusive gaming features it is another incentive for early investors to hold their tokens.
Unlike many projects that offer stakes only for monetary gains, 5th Scape aims to build a loyal community that supports the long-term growth of the platform.
The project is currently in Phase 2 of the roadmap, focused on promotion and development. We will probably see the List of $5SCAPE tokens on CMC, CoinGecko and DEX in Phase 3, which could increase its price.
TO buy $5SCAPE now, visit the official presale siteselect a payment method, connect your crypto wallet, enter the number of tokens to purchase and confirm the transaction.
Read the Fifth white paper on Scape and follow him Channel X for more information on the project.
Closing thoughts
With the meme frenzy reignited, a change is afoot. Investors are looking for utility-oriented projects with real-world applications, like the 5th Scapo. As the Presale $5SCAPE reaches new heights, we are excited about the release of new games and products within the ecosystem.
However, we must remind you that the cryptocurrency market is volatile. It’s important DYOR and never invest more than you are willing to losealthough the project has strong potential.
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