In the world of alternative cryptocurrencies, Bitcoin Cash (BCH) has surged to a three-year high, exceeding $700, sparking excitement among enthusiasts. Concurrently, a new virtual reality (VR) token's ongoing initial coin offering (ICO) has amassed $4 million.

Although BCH's current price of $672 remains significantly below its peak of $3,785.82 in December 2017, the surge signifies renewed interest in the cryptocurrency. Despite this, it's unlikely that BCH will reach new all-time highs this year, even if Bitcoin does.

Bitcoin Cash emerged in 2017 following a split from Bitcoin, with proponents advocating for larger block sizes to enhance transaction processing capabilities. This philosophy contrasts with the view of original Bitcoin supporters, who prioritize Bitcoin as a store of value.

Throughout February and March, BCH witnessed steady growth, with March exhibiting more pronounced gains. Presently, BCH is trading 4.4% higher than 24 hours ago, surpassing market leaders Bitcoin and Ethereum.

Amidst BCH's resurgence, a new contender in the cryptocurrency realm, the VR gaming token 5SCAPE, has garnered attention. With $3.9 million raised across four ICO rounds, 5SCAPE aims to revolutionize web experiences through its Web3-powered VR gaming platform, 5thScape.

Investors eyeing diversification beyond established cryptocurrencies like BCH may find promise in 5SCAPE, with its potential for substantial prelaunch returns. As the native utility token for 5thScape, 5SCAPE offers exclusive access to immersive VR gaming experiences, including titles like Cage Conquest, Epic Cricket Arena, and Immersive Kickoff.

In conclusion, the recent surge in Bitcoin Cash's price, coupled with the promising prospects of 5SCAPE, underscores the evolving landscape of cryptocurrencies, offering investors new opportunities for growth and engagement in emerging technologies like VR gaming and Web3 experiences.