If you’re a crypto investor, you’ve likely heard of Tron. It’s one of the most valuable crypto projects on the market, developing a cult fanbase since its inception in 2017. But what does the future hold for Tron and its native token, TRX? In this article, you’ll find a Tron price prediction for 2023 and beyond, as well as a price prediction for an up-and-coming token still in presale known as Metacade.
What is Tron (TRX)?
Tron is a decentralized network that allows creators to directly share content and receive rewards in TRX without the need for a middleman, such as Facebook or Youtube, to host their content. It can also execute smart contracts, meaning developers can build and deploy decentralized applications (dApps) on the Tron network.
Tron is most often compared to Ethereum, given the similarities in how the two work. Some have even criticized Tron for stealing ideas from other networks since much of its architecture borrows heavily from already-successful projects, like Ethereum.
Tron’s whitepaper, for example, failed to mention that some of the protocols it uses were taken from the Inter-Planetary File System (IPFS) and Filecoin. Justin Sun, Tron’s founder, claimed that the omission of references was due to poor translation, not plagiarism, from the Chinese version of the paper. However, crypto sleuths also pointed out that similar issues existed in the original Chinese whitepaper.
Tron (TRX) Price Prediction 2023-2030
Unfortunately for Tron, its status as one of the leading cryptocurrencies is shaky. Compared to other, more innovative smart contract networks, like Ethereum, Cardano, and Solana, Tron lags behind significantly. With this in mind, a reasonable Tron price prediction for 2023 would be somewhere around $0.085, up around 55% from its current price of $0.055, if there’s a bull market this year.
In 2025, TRX could reach $0.11 but will likely settle around $0.08 to $0.09. As Tron continues to fall out of favor with investors, it could decline to $0.05 in 2027. Unless its trajectory changes, Tron could be seen as a relic of crypto’s early days by 2030. In this scenario, TRX will likely continue falling and end up between $0.015 and $0.03.
What is Metacade (MCADE)?
Metacade is a community hub built as part of the play-to-earn (P2E) revolution that’s currently taking place. It’s a platform where users can meet like-minded gamers, explore the latest P2E innovations, and make their mark on the future of gaming. At its core, Metacade is an all-in-one gaming platform where you’ll discover everything you need to get started (and get ahead) in P2E, like forums, reviews, and the hottest GameFi alpha posted by veteran blockchain gamers.
Despite being a relatively new project, Metacade has been attracting a lot of attention thanks to two specific features. The first is its Create2Earn program, where users can earn MCADE, the platform’s native token, simply by posting reviews, tips, and other valuable content with the community. Regardless of your P2E experience, you’re rewarded for making Metacade the ultimate destination for all things GameFi.
The second is Metacade’s Metagrant program. Metagrants are a tool that allows Metacade users to direct the treasury’s funds toward their favorite game proposals. To win financing, developers submit their ideas to the community. Then, users vote on their favorites, and the one that earns the most votes is awarded funding from the treasury to help develop their vision. Metacade’s goal is to have dozens of these community-backed titles available in its virtual arcade for anyone to log on and play.
Metacade (MCADE) Price Prediction 2023-2030
Considering the rate at which GameFi is expected to grow over the next few years (10x faster than traditional gaming, according to Crypto.com), it’s likely that Metacade could be worth much more than its final presale price of $0.02. In 2023, Metacade could easily reach $0.10 – a 400% increase – which is much more promising than Tron’s price prediction for 2023.
In 2025, GameFi is expected to be a $50 billion market, as per Crypto.com’s research, so 20x from today’s price ($0.40) is not unreasonable. By 2027, Metacade could be a household name amongst P2E gamers, meaning $1.20 is probable by this point. In 2030, MCADE could reach $2.50 as the P2E market matures – a whopping 12,400% from today’s prices!
Metacade (MCADE) is a Better Choice Than Tron (TRX)
While the future has yet to play out for these two cryptocurrencies, it’s likely that die-hard Tron fans will be disappointed as time goes on. As discussed, Tron’s price prediction for 2023 is pretty underwhelming, even in a bull market. Meanwhile, Metacade looks set to have an excellent 2023 and beyond.
With a number of exciting features, an early entrance into one of crypto’s fastest-growing sectors, and a token still in presale, Metacade isn’t one to miss. Thousands of investors have already taken the plunge, with the total investment in MCADE surpassing $2,000,000. If you’re looking to get in early on the GameFi space before it explodes, look no further than Metacade.
You can buy TRX tokens at eToro here.
You can participate in the Metacade presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.