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Gaming creates imagination. Because the entire industry already has a high sales volume. With the combination of the crypto market, new functions become possible and the play-2-earn trend is probably the most prominent example here. However, mass adoption has not yet occurred. Gaming coins would like to finally make their way into the mass market in the next bull market. The first blockbuster game could follow.
With Sponge V2 and 5thScape There will be two new coins in April 2024 that follow different approaches and could therefore arouse interest for gaming-savvy crypto investors.
Sponge V2 (SPONGEV2)
At the start of 2023, the crypto sector faced difficult times, which are now increasingly eclipsed with the emergence of a new bull market. Because the bear market is forgotten – crypto will be fun again in 2024. In this challenging environment at the time, memecoins attracted significant interest. SPONGE in particular caused a stir and recorded profits of up to a hundred times the stake.
In response to positive feedback from the initial release, the development team launched SPONGEV2 to build on the initial success. This release leverages Layer-2 Polygon’s advanced scalability for improved performance. The publication has renewed investor interest. In the meantime, SPONGEV2 has already reached a new all-time high. The bridging from V1 to V2 was successful.
Supported by a dedicated community of around 40,000 crypto fans, everything about the memecoin SPONGEV2 is geared towards growth. But there will also be benefits in the future. The team is focusing on expanding gaming with a new play-2-earn game that is currently in development.
The positive momentum is currently reflected in the increase in staking interest, with an attractive passive return of 170 percent for V2 holders on Ethereum. Anyone who participates on Polygon can even achieve 389 percent APY. The increasing preference for staking contributes to the scarcity of available supply.
5thScape (5SCAPE)
The new gaming coin 5thScape (5SCAPE) positions itself as an innovative venture in the crypto market with a focus on integrating augmented reality (AR) and virtual reality (VR) technologies. The project gives investors the opportunity to delve deeper into the concept and a new interpretation of the future of gaming. Apparently the concept is well received – over 2.5 million US dollars have already been invested.
Combining VR/AR gaming with cryptocurrencies holds the potential for mutual growth and expanded recognition on a global scale. Because new technology is considered central to mass adoption. The harmonization of these technologies promises innovative applications. The approach that will ensure the success of 5thScape is to make the products largely accessible and make them compatible with existing VR headsets and hardware. Additionally, the team is considering developing its own VR headsets and AR gaming chairs.
The total supply of 5SCAPE tokens is 5.21 billion. As part of 5thScape’s presale, it plans to release 80 percent of the tokens to generate funding of up to $15 million. The remaining 20 percent is earmarked for other essential areas, with a focus on providing liquidity to stock exchanges. When purchasing the tokens during the pre-sale, 40 percent of the purchased tokens will be available immediately at the token generation event, the remainder will be subject to an eight-week lock-up period.
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