Degen Price Prediction: DEGEN Soars 14%, But Traders Flock To This World-First AR/VR Crypto For Explosive Potential

The
Degen
price
soared
14%
in
the
last
24
hours
to
trade
at

$0.02786
as
of
5:30
a.m.
EST
on
trading
volume
that
dropped
2%
to
$63.3
million.

The
new
DEGEN
price
surge
comes
as
part
of
a
recovery
from
the
losses
seen
over
the
past
seven
days
and
after
the
weekend
crypto
crash
in
particular.

As
for
why
DEGEN
surged,
the
reason
might
be
a
recently
announced
partnership
with
Seamless
Protocol,
in
which
the
two
will
work
towards
opening
a
lend/borrow
market.

Excited
to
be
partnered
with

@SeamlessFi,
working
towards
opening
a
lend/borrow
market
soon.
In
the
meantime,
they’ve
launched
their
own
grants
program,
which
is
worth
exploring.

https://t.co/A4YEbs0FJo

—
Degen
????
(@degentokenbase)

April
15,
2024

Degen
also
recently

announced
that
the
open-access
platform
for
creating
digital
art,
Highlight,
started
supporting
minting
with
$DEGEN.

In
other
words,
Degen
has
seen
multiple
positive
developments
in
the
last
several
days.
With
that
being
the
case,
it
is
no
surprise
that
the
DEGEN
price
attempted
to
recover
as
soon
as
the
bearish
pressure
weakened.

Degen
Price
Prediction

The
Degen
price
seems
to
be
fluctuating
between
a
support
at
$0.027
and
a
resistance
at
$0.030,
but
the
big
question
right
now
is
whether
it
can
stabilize
between
these
two
levels,
or
will
it
break
out
in
hours
and
days
to
come.

Technical
indicators
such
as
Bollinger
bands
suggest
that
the
DEGEN
price
still
has
room
to
grow,
given
that
the
bands
are
currently
wide,
which
is
a
bullish
sign.
However,
the
token’s
Relative
Strength
Index
(RSI)
value
has
recently
dropped
from
the
overbought
zone
toward
the
neutral
area.

Earlier
today,
Degen’s
RSI
reached
the
high
point
of
72.22,
entering
the
overbought
area.
This
is
when
traders
typically
decide
to
cash
out
and
take
profit,
which
is
likely
what
started
pushing
DEGEN’s
price
down.

Eventually,
the
RSI
value
dropped
to
54.97
—
a
more
neutral
area,
where
it
seemingly
stabilized
for
now.
The
token’s
price
stabilized
as
well,
at
least
for
the
time
being,
suggesting
that
the
selling
pressure
may
have
subsided
for
the
time
being.

As
for
what
is
next
—
that
depends
on
the
traders.
If
they
rush
in
to
buy
the
dip,
the
price
could
go
back
up
again.
However,
if
they
continue
to
sell,
DEGEN
could
break
the
support
at
$0.027
and
head
further
down,
potentially
to
$0.025,
or
$0.023,
where
it
was
about
24
hours
ago.

Promising
Alternatives
to
Degen

While
Degen
itself
seems
like
an
auspicious
crypto
project,
there
is
another
that
might
bring
even
greater
profits
to
its
investors.

The
project
in
question
is
known
as

5th
Scape
(5SCAPE),
and
it’s
the
world’s
first
AR/VR
ecosystem
that
aims
to
connect
the
world’s
smartest
minds.
Its
presale
has
already
raised
over
$5.2
million.

5th
Scape
intends
to
act
as
a
gateway
to
the
next
big
thing
of
the
decade,
which
is
the
VR/AR
space.

The
project
believes
that
in
virtual
space,
there
are
no
limitations.
As
such,
it
can
go
beyond
the
established
boundaries,
and
allow
users
to
experience
a
hyper-realistic
world
that
can
revolutionize
both
entertainment
and
education.

????
Our
presale
has
surged
past
stage
3!

????
Join
us
now
and
delve
into
a
world
of
virtual
reality
with
our
multi-utility
token.

????
Don’t
miss
out
on
being
part
of
our
vibrant
community!

#cryptocrash

#cryptocrash

#Wormhole

#cryptocurrency

#5thScape

#Presale

#4thstage
????

pic.twitter.com/QeznEVAvFJ

—
5th
Scape
(@5th_scape)

April
4,
2024

For
example,
the
gaming
market
revenue
in
2024
is
projected
to
reach
$455.3
billion,
with
an
annual
growth
rate
of
7.93%,
resulting
in
a
projected
market
volume
of
$666.7
billion.

In
other
words,
the
industry
is
massive,
and
it
only
continues
to
grow.
With
a
project
like
5th
Scape
entering
it
and
introducing
a
diverse
array
of
gaming
experiences,
it
could
blow
up
and
become
one
of
the
largest
crypto
projects
in
the
industry.

User
experiences
can
involve
hyper-realistic,
adrenaline-pumping
battles,
immersive
sports,
high-speed
racing,
and
more.
There
are
already
waitlists
on
the
project’s
website
to
gain
access
to
these
experiences,
underscoring
that
there
is
no
lack
of
demand.

With
the
token
set
to
list
for
$0.01,
investors
who
buy
now
for
$0.00327
can
lock
in
gains
of
almost
206%
before
launch.

Visit
the
official
5SCAPE
website
to
buy
5SCAPE
here. You
can
buy
5SCAPE
in
exchange
for
ETH,
MATIC,
BNB,
USDT,
or
just
purchase
it
with
a
bank
card.

Related
Articles: