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A number of established projects have struggled to shake off the negative sentiment of the bear market. Looking at every Tron price prediction out there in the crypto news, Tron seems no different. Slow development and lack of expected updates to the Tron blockchain are leaving investors disappointed in the project.
As a result, many holders of the project’s TRX token have been eyeing the market to see what other opportunities could provide better returns, while the disruptive new project Metacade is turning heads across the industry after setting out ambitious plans to redefine gaming.
Can Metacade change the face of gaming?
While TRX has faced concerns around the stability of its USDD stablecoin following the dramatic fall of the Terra ecosystem last year, Metacade has arrived on the scene as a fresh-faced new GameFi project with exciting plans.
While gaming is a huge $200 billion industry that continues to grow, the power has long remained with corporate interests instead of the gamers themselves. Metacade looks set to turn the model on its head, allowing gamers to create income streams and, in doing so, could have a lasting impact on the way that users play.
The Metacade team recently launched the project whitepaper, allowing investors to understand the vision for how the project can implement an innovative incentivization structure to sustain a high level of growth, bringing users into a community hub for all things gaming.
What is Tron (TRX)?
Tron is a layer-1 protocol that is based closely on Ethereum and focuses on the promotion of entertainment and content. The network uses a proof-of-stake consensus that enables it to process 2,000 transactions per second.
Tron differs from most well-known crypto projects in that it focuses on Asia as its primary market and claims the number of users is over 100 million.
One of the biggest challenges for a Tron price prediction is the loss of momentum seen over the last year. Whether the project has enough of what it takes to succeed in an increasingly competitive space remains to be seen.
Tron price prediction general: More of the same for TRX
The price of TRX dropped significantly in the last 12 months as, like most crypto, the project suffered a difficult year. The bigger problem for Tron is that despite the project running for more than four years, there are still limited big use cases driving up the price of TRX.
This means that every Tron price prediction sees a difficult year ahead for TRX. The project looks set to continue to struggle, with the TRX price perhaps reaching $0.07 by the end of the year.
Beyond that, unless Tron can pull some large projects out of the bag, the price of TRX looks set to top out at $0.11 in 2025.
What is Metacade (MCADE)?
Metacade is already being talked about by many savvy investors and making headlines in the crypto news as a top pick for the best crypto of 2023 due to the project’s huge potential. The Metacade team has outlined plans to construct a huge play-to-earn (P2E) arcade that allows gamers from all over the world to connect and play while earning an income in the process.
The platform features an extensive rewards system, with gamers able to earn for both casual and competitive gameplay, as well as having the option to earn through contributions like writing content and engaging with the community.
How does MCADE work?
The MCADE token is used across the Metacade ecosystem for a range of things. It serves as the ecosystem’s currency and so is used for all exchanges of value, such as for tournament entry or buying merchandise. It also enables rewards and has staking functionality to help secure the project in exchange for receiving a passive income in stablecoin.
MCADE also plays a key role in the innovative Metagrants program. This program allows game development teams to pitch their ideas for new games straight to the gaming community. This process not only allows them to receive useful feedback, but MCADE holders can also vote on which projects should be given development funding from the project’s treasury.
With a number of different revenue streams already planned, Metacade looks set to deliver a thriving economy across its platform starting in 2023.
Metacade price prediction general: How high can MCADE reach?
The MCADE token price may be directly tied to the increases in user numbers on the platform as a result of its utility, and so with user growth seeming a sure thing this year, it’s likely that MCADE could reach $1 in 2023.
If the project is able to build on this growth and continue to build momentum, by 2025, MCADE could reach a staggering $5 or more — an incredible increase from current prices and a much happier picture than the Tron price prediction.
Is Metacade a good investment?
With such a clear strategy in place, Metacade looks to be a wonderful investment opportunity for all investors, especially while still available at such low presale prices. It’s no surprise that it has already raised $5.6m in 11 weeks — a sign that Metacade could be the best investment opportunity out there.
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.
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