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Floki Holders Are Dumping FLOKI for This New ICO – Could It Deliver 1,700% Gains?

Joel Frank
Last updated: | 2 min read
Floki Holders Are Dumping FLOKI for This New ICO – Could It Deliver 1,700% Gains?
Floki Holders Are Dumping FLOKI for This New ICO – Could It Deliver 1,700% Gains? / Source: Cryptonews

The Floki Inu (FLOKI) price has stalled after hitting multi-week highs above $0.0002450 earlier this week, as holders dump FLOKI for a new ICO called 5thScape as the bet on securing 1,700%.

FLOKI pushed above its 21 and 50DMAs earlier this month and has been trending higher now since the mid-April lows.

Recent gains can be attributed to optimism that Ethereum ETFs might soon gain US approval, potentially driving growth in Ethereum blockchain-issued meme coins like Floki.

But the FLOKI price has fallen nearly 10% from its Tuesday highs amid a broad market sell-off on Thursday.

The Floki price has fallen nearly 10% from its Tuesday highs amid a broad market sell off on Thursday as investors turn to this new ICO.
The Floki price has fallen nearly 10% from its Tuesday highs amid a broad market sell-off on Thursday as investors turn to this new ICO. Source: TradingView

Floki bulls will be hoping that this setback is temporary. With a market cap of just $2 billion, Floki has a lot of potential to grow this bull market.

The meme coin might even 5x to a market above $10 billion. Floki price predictions are likely to be bullish.

Investors who want to increase the probability of their gains will need to find smaller, lesser-known coins, however.

An often-overlooked way to find low-cap gems is via investing in crypto presales.

One presale that the team at Cryptonews is a big fan of is the AR/VR project 5thScape (5SCAPE).

Here’s why some think this new ICO could deliver 1,700% gains.

Can This New ICO Deliver 1,700% Gains?


5thScape is a first-of-its-kind crypto-infused VR/AR ecosystem that will be powered by its native 5SCAPE token.

Many expect it to become a market leader, hence it’s no shock that Floki holders are dumping FLOKI for 5thScape.

5thScape is building an ecosystem of 5SCAPE-powered VR dApps. The beta version of its first game, “MMA Cage Conquest,” is already available in the META store.

And the project’s presale has been very successful so far, raising over $6.1 million.

At the current price of $0.00327, investors are buying into the project at a market cap of under $20 million.

If 5thScape gains traction as a market leader, it could easily become a $200+ million market cap coin.

That could mean gains of over 10x or 1,000% for presale investors.

Investors may want to move fast if they want to take advantage of this valuation. When the presale hits $6.25 million, the price will jump 15% to $0.00376.

$5SCAPE token can be bought today with ETH, MATIC, USDT, or BNB.

80% of the total 5.1 billion token supply is available for purchase in the presale.

Buy 5SCAPE Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.