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.
That could drive 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.
Floki bulls will be hoping that this setback is temporary. With a market cap of just $2 billion, Floki has a lot of room to grow this bull market.
The meme coin might even 5x to a market above $10 billion. Floki price predictions are likely to remain bullish.
But for investors looking for a higher probability of even larger gains, they will need to find smaller, lesser-known coins.
An often-overlooked way to find low-cap gems is via investing in presales.
One presale that the team at Cryptonews are big fans of is exciting AR/VR project 5thScape (5SCAPE).
Here’s why some think this new ICO could deliver 1,700% gains.
5thScape is a first-of-its-kind crypto-infused VR/AR ecosystem that will be powered by the versatile 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.
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