Digiverse Price Prediction: DIGI falls 8% as investors turn to world’s first AR/VR ICO worth $4 million.
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Digiverse’s price has plummeted 8% over the past 24 hours, trading at $0.6879 as of 2:36 AM ET, with volume plummeting nearly 70%.
This comes amid a flash cryptocurrency meltdown, with Bitcoin (BTC) leading the market decline with a 4% drop and Ethereum (ETH) leading the altcoin sector collapse with a 5% drop.
Some analysts say reclamation is needed to remove the foam that has built up in the market.
It appears that traders are already making profits after rumors of DIGI tokens being listed on a centralized exchange (CEX).
$DIGI CEX testing is progressing successfully. pic.twitter.com/iol2f2qT3D
— Digiverse (@Digiversede) March 30, 2024
Digiverse price outlook due to cryptocurrency market dump
Digiverse price is consolidating within a descending parallel channel and remains above the midline of a bearish technical structure, but is facing strong resistance due to the 50-day simple moving average (SMA) of $0.7385.
The relative strength index (RSI) below 50 is concerning. This shows that the upward trend is premature at the moment. The Awesome Oscillator (AO) is also still in negative territory and the volume indicator is decreasing, showing growing bearish sentiment.
If seller momentum strengthens, the Digiverse price may fall below the $0.5929 level and hit a new low.
TradingView: DIGI/USDT 1-day chart
On the other hand, Digiverse price may rise if bulls seize the opportunity to buy DIGI at the current low price. A conversion of the 50% Fibonacci placeholder at $1.2277 into support would be ideal, but DIGI would only be attractive to buy after the Digiverse price recovers above $1.8625. That move would represent a 167% increase from current levels.
As Digiverse price struggles to recover, investors are turning their attention to 5SCAPE, the ticker of the world’s first AR/VR ICO valued at $4 million.
YouTuber and cryptocurrency analyst Oscar Ramos says this project checks all the boxes for what he looks for in a presale.
A Promising Alternative to Digiverse
5SCAPE is a powerful token for the 5th Scape VR ecosystem, a project that connects “the brightest minds” to power the Web3 sector into tomorrow. To achieve this, we are unleashing the next wave of gaming innovation in VR.
5thScape, a cutting-edge cryptocurrency project set to revolutionize augmented and virtual reality, offers investors the opportunity to dive into the future of immersive gaming.
It has plans for innovative VR hardware and a variety of games including Cage Conquest and Epic. pic.twitter.com/FaIicOGq3w
— 5th Scape (@5th_scape) March 23, 2024
The platform aims to become a leader in alternative realities by creating an integrated system with both hardware and software. There’s also a Developer Center that gives builders access to the right resources to bring their worlds to life and unleash a new wave of gaming innovation.
VR is the future. Learn how the University of National Horizons Center is using VR and MR.#VR pic.twitter.com/PKBVqVYUwf
— 5th Scape (@5th_scape) March 20, 2024
5th Scape seeks to put Web3 at the forefront of the latest VR wave by bringing games to life by creating visually immersive worlds with powerful VR headsets. The project is building an entire VR ecosystem, including hardware and software, to push the boundaries of gaming innovation in the Web3 sector. The idea is to use integrated systems to create immersive and unforgettable adventures with highly tuned user experiences.
🌐✨ Start your groundbreaking journey with 5th Scape! 🚀 We don’t just make games. We are creating an immersive reality. As VR ecosystem developers, we aim to redefine the gaming experience. 🎮✨ 🌌🕶️ #5th scenery #VRInnovation #Immersive game #Technological Revolution 🚀🎮 pic.twitter.com/khmgW84Kti
— 5th Scape (@5th_scape) December 28, 2023
Investors continue to flock to the 5th Scape pre-sale, with funding surpassing the $3.48 million level as it moves toward its $3.75 million target.
Leave your limitations behind! 🚀 We have reached another milestone and have entered our 3rd presale.
Please join us on an incredible journey into the future of AR/VR gaming.
#5th scenery #Ticketing #AR #VR pic.twitter.com/ZOkwg8s34E— 5th Scape (@5th_scape) March 26, 2024
With pre-sales still underway, you can become an early adopter in this fledgling ecosystem.
The project is currently in the third phase of pre-sale, with each 5SCAPE token selling for $0.00248. Setting the listing price to $0.01 means that people who buy now will make a 303% profit before listing.
Visit 5SCAPE here to purchase.
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