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AI Coins Outperforms Bitcoin, $5SCAPE Approaching $6 Million
The rise of retail investors and characters like Keith Gill, also known as Roaring Kitty or DFV, has captivated the financial world in 2021. Now, the meme stock frenzy is backtriggered by Keith Gill’s return to X after a long break.
Interestingly, Gill’s tweets breathed new life into not only $GME stock, but also Bitcoin Tokens and AI.
After a long-lasting trend in meme coins, investors shift to projects aimed at public services with the potential for long-term returns and solving real-world problems.
5th Escape ($5 ESCAPE) is an excellent example of an AI token with strong utility. The native currency of the 5th gaming ecosystem Scape VR and AR offers APY dynamic staking and is now available for pre-sale, which is Set to Hit the $6 Million Mark later this week.
Let’s see why this project attracts investors and whether AI will become the next big thing in crypto.
Meme culture finds utility
Keith Gill saved GameStop from the brink of bankruptcy in 2021, but the frenzy also benefited other companies. For example, $AMC shares grew 2,300%.
Together, $GME and $AMC became known as ‘meme stocks’ and marked the beginning of the meme craze of 2021.
In the same year there was rise of meme coins like $DOGE and $SHIB, driven by celebrity endorsements and community spirit. However, the entire crypto market, including speculative assets, experienced a downturn in 2022–2023.
Fast forward to 2024, and we will witness echoes of the meme craze of 2021. Although the peak of the frenzy has subsided, tokens like $DOGE still maintained a loyal community who continued to trade and discuss them online.
Roaring Kitty’s May 13 tweet acted as another catalyst. He posted a photo of a man leaning forward in his gaming chair without any text. However, the context is clear to longtime Roaring Kitty followers – this suggests that Keith returns to the investment game.
Since then, Roaring Kitty has posted nothing but memes, yet retail investors celebrated their return by pouring money into GameStop ($GME) shareswhich shot from US$17 to US$37 shortly after the market opened and it was $48 yesterday at closing.
Social media momentum and the introduction of meme coins with innovative featuresas $DOGEVERSEmultichain interoperability, renewed investor interest in the sector.
But while meme stocks and coins grab the headlines, it’s clear that investors gravitate toward assets with substantial utility, even if they rely on memes for initial hype.
Given this trend, the rise of AI tokens like $5 ESCAPE It is $WAI It’s not surprising. O 5th Scape ecosystem offers hyper-realistic gamesmovies and even hardware like headphones and chairs.
It is worth noting that only one game is currently playable (Cage Conquest), and developers will announce the release of new titles once a quarter.
The $5SCAPE token acts as a universal currency for every 5th Scape product. This means that its value depends heavily on the success of the underlying project.
$5SCAPE Pre-Sale Rewards Early Backers
O $5 SCAPE token presale released in March 2024 and has grossed nearly $6 million since then. One token is now worth $0.00327, 74% above the initial price of $0.00187. Still, pre-sales are far from their final phase and we will see more price increases in the future.
Of the total supply of 5.211 billion tokens, 80% are allocated for pre-sale. However, the tokens will be locked for eight weeks after the pre-sale ends for reduce immediate selling pressure and maintain $5SCAPE value.
Staking with highly dynamic APY and access to exclusive game features is another incentive for early investors to hold onto their tokens.
Unlike many projects that only offer betting for monetary gains, 5th Scape aims to build a loyal community that would support the platform’s long-term growth.
The project is currently in Phase 2 of the roadmap, focused on promotion and development. We are likely to see the Listing of $5 SCAPE tokens on CMC, CoinGecko and DEXs in Phase 3, which could increase its price.
For buy $5SCAPE Now visit the official pre-sale websiteselect a payment method, connect your crypto wallet, enter the number of tokens to purchase and confirm the transaction.
Read the 5th Scape whitepaper and follow your Channel X for more information about the project.
Final considerations
With the meme stock frenzy reignited, a change is underway. Investors look for utility-oriented projects with real-world applications, like the 5th Scape. While the Pre-sale $5SCAPE reaches new milestones, we are excited about launching new games and products within the ecosystem.
However, we must remember that the crypto market is volatile. Is important DYOR and never invest more than you are prepared to loseeven if the project has strong potential.
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