The big idea behind 5th Scape (5SCAPE) – a new VR project on Ethereum that is making waves after raising $6 million during its presale phase. On the other hand, The Nervos CKB token has been making waves in the cryptocurrency market, experiencing a bullish surge of over 7.66% in recent days. This impressive growth comes amidst a backdrop of increasing demand for altcoins and favorable inflation reports, further propelled by the ripple effect of the recent Bitcoin halving event.
5SCAPE Presale and the Future of VR Gaming
The presale has already raked in over $6 million from investors looking to get in early before 5SCAPE debuts on exchanges. 5SCAPE tokens are currently on offer for $0.00327, yet this price will climb higher with each presale phase, assuming it’s successful. However, the 5th Scape’s team expects the 5SCAPE token to have a market cap of $15 million at launch. Yet members of the project’s Telegram channel believe there’s room for significant upside – especially given 5th Scape’s ambitious roadmap.
This roadmap includes plans to launch trailers for Cage Conquest and Immersive Kick-Off in the coming weeks, along with a DEX listing once the presale concludes. Later in 2024, there are also plans for private funding rounds.
5th Scape (5SCAPE) VR Games
At the forefront of 5thScape’s offerings are its collection of VR games, promising users an immersive and unforgettable gaming experience. From heart-pounding adventures to mind-blowing sports simulations like cricket and soccer, 5thScape’s commitment to pushing the boundaries of virtual reality ensures constant engagement with groundbreaking content. With titles like MMA 3D, Cricket 3D, Soccer 3D, Archery Master, and Thrust Hunter, users are transported to worlds where excitement knows no bounds.
Complementing its extensive game library, 5thScape introduces the 5thScape VR headset—a pinnacle of technological innovation. Combining cutting-edge visuals, ergonomic design, and advanced tracking technology, the VR headset transports users into realms of unparalleled realism. Whether you’re a gaming enthusiast or a content creator, the 5thScape VR headset is designed to elevate your virtual reality experience to new heights, offering an immersive journey into the digital realm. Ensuring that the future of virtual reality is shaped by collective creativity and innovation.
The Surge of The Nervos Network (CKB)
Since the beginning of May, Nervos Network has consistently seen its value rise, with the token’s listing on BitMart acting as a catalyst for its recent bullish surge. Analysts predict that this upward momentum will continue as long as there is sustained demand for altcoins and positive market conditions prevail.
Bitcoin’s rise to the $70,000 mark for the first time in two years has renewed investor interest in the crypto sector helping minnows like Nervos’ CKB token rise with the tide. The entire crypto market has been in buoyant mood since the second half of 2023, due in part to the approval of spot bitcoin ETF, upcoming bitcoin halving cycle and excitement over Ethereum 2.0.
CKB Bullish Run
According to analysts, In addition to rising above the $.016 resistance level, CKB price is currently above the 20-day exponential moving average (EMA) and 50-day small moving average (SMA). This is usually considered a bullish signal indicating positive performance of the asset in the medium term.
The growth in demand for altcoins is confirmed by the relative strength index (RSI), which is 55.22. If this accumulation momentum continues, Nervos Network could break above $0.019.
But not all of CKB token’s tearing run since September 2023 can be attributed to external factors. Nervos insiders point to the blockchain’s focus on modularity and interoperability as its key value proposition. In the third week of February, the CKB token rose over 170% after Nervos developers announced the release of RGB++, a protocol expected to increase compatibility between Bitcoin and Nervos.To understand RGB++, we first need to learn about the RGB protocol. RGB is a Bitcoin-based protocol that brings smart contract capabilities to Bitcoin and Lightning Network.
RGB++ is an extension of the RGB protocol that maps bitcoin transactions to the Nervos blockchain. The RGB++ is expected to bring the Bitcoin and Nervos blockchains closer by making all RGB++ transactions appear simultaneously on Bitcoin and Nervos blockchains. Moreover, client verification was touted as one of the use cases of RGB++, where users can check the correctness of their bitcoin RGB++ transactions on Nervos blockchains. According to the RGB++ light paper, other use cases of the RGB++ protocol were token issuance, NFT issuances, enhanced privacy, airdrops, and AMM support
