Theta Network

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The post <a href="https://coinpedia.org/sponsored/theta-network-among-top-crypto-gainers-as-new-vr-coin-5th-scape-raises-2m/" rel="noopener noreferrer nofollow">Theta Network Among Top Crypto Gainers As New VR Coin 5th Scape Raises $2M</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Theta network has fared as a top performer today, climbing over 7% and currently trading at $2.96.
Meanwhile, the new VR crypto presale 5th Scape also looks bullish, exceeding the $2.3 million total raised mark. Will this be the next altcoin to boom?
<h2 class="wp-block-heading" id="h-theta-network-jumps-but-analyst-expects-overshadowing-gains-ahead">Theta Network Jumps but Analyst Expects Overshadowing Gains Ahead</h2>
The recent THETA gains may be a drop in the ocean compared to what’s to come, according to analysts.
Priced at $2.96 and holding a $2.9 billion market cap, Theta Network has enjoyed a bullish uprising. It is up 7% today, down 9% this week, but up 127% this year.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/drHVV73bNIvSONiwdm7k4Eo3WVOfIgt6VT-vPkAbz1o3inBKp1XgmemRDynV0e126by2ZS2oZu-VLZ_f5mnhwuABDQNdVSWUF7EkT_tDQZihykS41zsM7CDyDdTFrwgTHQtpdY40nFkpC6B_QocPBBY" alt="cmc chart">
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This places Theta Network near crypto’s heavyweights, with Bitcoin up 144% and Ethereum up 98%.
Nevertheless, analysts say a storm is brewing for the blockchain infrastructure project, looking back to the last market cycle’s parabola for reference.
“People ask me what life-altering money looks like… This is one way,” <a href="https://x.com/cryptobull3232/status/1772053334591152630?s=20" target="_blank" rel="noopener noreferrer nofollow">said</a> Cryptobull when comparing Theta’s current price action to the last market cycle.
The analyst illustrates that Theta has recently broken above a resistance level, which caused an explosive move to its ATH last time around.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/p0rQ2sgrzLKIN4_QoZuPXRaqAVH1xB8s8Ym2Kk3opWqsAKiyeKlxYUuXZEPIejCFrvsDoBqBXMhu8D0DbFpDBEgcCqSYmQYo3swOZarc2t6akkB1djJDmNHFCFerP6NXsdGZMFpPT98eQ8EmXjxSmRI" alt="chart">
</figure>
Meanwhile, CryptoGao <a href="https://www.tradingview.com/chart/THETAUSDT/ABysA1sa-THETAUSDT-Ascending-triangle-2D-chart/" target="_blank" rel="noopener noreferrer nofollow">believes</a> that THETA remains within its bear market accumulation phase but speculates a breakout is imminent.
The analyst anticipates a break of macro trendline resistance, catapulting THETA toward $3.8. This will be followed by a retracement into a “buy zone” around $2.2. CryptoGao speculates that Theta Network’s bull market rally will then commence.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/jcZAssBYQ_3nPtFL1sPUOQu-Zfs6eUMVrCsxjRmQci1v-Bag0eAzR6LQmxlFM7e9FZBWFEZMoBJriE9NdHzE-WNeH0G5cOmVUOlYdxg9p0EVE69S9k4nhPbyVf5UbK6NH2PdOSwbe8wi85CvulhtBQM" alt="theta price">
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Another market analyst who goes by Flash <a href="https://twitter.com/THEFLASHTRADING/status/1772165950965530836/photo/1" target="_blank" rel="noopener noreferrer nofollow">believes</a> Theta Network could jump to $4.8 by the summer. He says that after breaking a resistance level, THETA underwent a “take off” phase and is now finding support on a moving average line.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/dKdV8rCo2Byq-gRW-roUax4qZ2o24ah1GpebJdomV8us7t30OG4mMSqN25AAcjHVz7U38GAhnOMQJ57TIVmQzysVDNxD4pSG1u1ldAz0RLnm0eIxyKf0Ln_wOQwFljmt47SNPXseWTKt-dH4Y93Lajo" alt="trading view chart">
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However, bullish sentiment on Theta Network reflects a broader market appetite for cutting-edge cryptocurrencies harnessing market-leading technology.
As per Theta Network’s website, the project provides “Web3 Blockchain Infrastructure for Video, AI &amp; Entertainment.”
Indeed, this is a compelling use case. However, there are other promising projects also on the cusp of crypto innovation.&nbsp;
One is 5th Scape, a VR gaming protocol currently undergoing a presale. Despite being newly launched, it has already raised a whopping $2.3 million, indicating a massive market interest.
<h2 class="wp-block-heading" id="h-trending-vr-coin-5th-scape-raises-2-3m-and-is-backed-to-100x">Trending VR Coin 5th Scape Raises $2.3M and Is Backed to 100X</h2>
Step inside an enchanting realm of immersive gaming experiences with <a href="https://coinpedia.care/b_5thscape-en_67362?referrer=theta-network-among-top-crypto-gainers-as-new-vr-coin-5th-scape-raises-$2m" target="_blank" rel="noopener noreferrer nofollow">5th Scape</a>, the hottest VR cryptocurrency on the market.
The project is currently undergoing a presale, enabling investors to get in from the ground up.
It is priced at $0.00215, but this will rise throughout the campaign with the next uptick when the presale hits $2.5 million. Since it has already raised $2.3 million, investors should act fast.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/8rTJAzZPIwavsWr8_JnQzFfNBg_pN1_JHvv1bM2qnxpK_tcbu2M4znEbrsOTQ3RIwppNXGGeNkBHQoNQwOs9uqiHYCwrTcfZgespYvXGXBPKwgdbCKum4Qr1e_6AL7XSWMQtfhRZkBnEJ0a7Ej8pGd4" alt="5th scape">
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Adding to the presale excitement, the 5th Scape exchange launch price will start at $0.01, a whopping 365% uptick from its current price.
5th Scape strives to provide enthralling, hyper-realistic games, cutting-edge VR headsets and chairs, alongside a plethora of rewards and bonuses for token holders.
Its first venture is a high-octane mixed martial arts-themed game called Caged Conquest. Players can embark on a “champions journey,” compete in dynamic combat, hone their skills in strategic training, and much more.
The $5SCAPE token will transfer value through the ecosystem and be used for staking.&nbsp;
However, staking transcends monetary gain, providing exclusive access to features, community interaction, lifetime access to the ecosystem, and more.
These benefits have stoked massive excitement, with renowned gem-hunting YouTuber Michael Wrubel <a href="https://www.youtube.com/watch?v=BTBfMTpCays&amp;t=228s&amp;pp=ygUNNXRoIHNjYXBlIDEweA%3D%3D" target="_blank" rel="noopener noreferrer nofollow">providing</a> several reasons he is bullish and Decrypt Crypto <a href="https://www.youtube.com/watch?v=cy1BAkFnWDI&amp;pp=ygUNNXRoIHNjYXBlIDEweA%3D%3D" target="_blank" rel="noopener noreferrer nofollow">speculating</a> it could 100x.
However, with a price increase imminent, time is running out to <a href="https://coinpedia.care/b_5thscape-en_67362?referrer=theta-network-among-top-crypto-gainers-as-new-vr-coin-5th-scape-raises-$2m" target="_blank" rel="noopener noreferrer nofollow">buy $5SCAPE</a> at the best rate.

Theta Network Among Top Crypto Gainers As New VR Coin 5th Scape Raises $2M

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