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2023 has got off to a flying start, and bears are now running for the hills. Positive crypto price action has combined with improving market sentiment, and the Metacade (MCADE) presale is a classic signal that the best is yet to come.
Is this a bear market rally during a prolonged crypto crash, or is it the beginning of the next bull market?
The latest crypto prices may well mean the crypto crash is in the past
After crypto prices posted bullish moves at the beginning of 2023, experts are suggesting that the crypto crash could be over. So far, Bitcoin has held above the $24,000 price level and could now be gaining momentum.
Many are suggesting that the strong support shown at higher crypto price levels signifies more to come. However, the markets will be due a pullback eventually. BTC could target as high as $30,000 during this bounce, with the worst crypto crash likely in the rearview mirror as long as Bitcoin holds above $24,000 during a correction.
Altcoin crypto prices have been even more bullish. Many strong projects have doubled in value from their November lows, including GameFi projects such as Decentraland and Axie Infinity.
The new gaming project Metacade has been attracting major hype during its presale event. This is a sign of positive sentiment flooding the market after the crypto crash, and Metacade is ready to skyrocket as bullish momentum in crypto prices continues.
Can MCADE reach $1 in 2023?
The MCADE token recently began its presale. In just 14 weeks, Metacade has raised $7.6m – a mind-blowingly successful presale in a very short time. The project is just starting, and investment does not look to be slowing down soon.
Later in 2023, MCADE will be launched on exchanges, and the metaverse arcade will go live. This is expected to produce even more buy pressure for the new token, with experts forecasting explosive price action after the end of the presale.
The MCADE crypto price could reach $1 by the end of 2023 as the hype continues to build around the new GameFi platform. The future certainly looks bright for Metacade, so what is it all about?
What is Metacade?
Metacade is the first community-driven arcade on the blockchain. The project will offer the largest selection of play-to-earn (P2E) arcade games anywhere in Web3, with every title offering players financial rewards.
The gaming platform will also be home to a buzzing community hub that combines crypto-earning mechanics with several unique features. Since the platform is community-driven, gamers are given the power to influence the content on the platform and can help to drive progress for the GameFi movement.
How does MCADE work?
The metaverse arcade has a vast selection of games that can be played casually or competitively. Gamers play by progressing through infinite levels and earning cryptocurrency rewards for their scores. They can also join exclusive tournaments to go head-to-head against gamers from all over the world.
The community hub rewards users for sharing information and other content on the platform. Metacade will display all the latest trends in the blockchain gaming space, and users can earn MCADE tokens while posting game reviews, sharing alpha, and interacting with other community members.
As well as this, Metacade is creating new jobs for crypto users. The Work2Earn feature will connect players with job opportunities in Web3. Roles range from beta-testing new games to freelance agreements to full-time positions at some of crypto’s hottest companies.
Metacade is driving progress after the crypto crash
Not only is Metacade creating new earning opportunities for blockchain users, and the platform will directly fund the next wave of innovation in the GameFi sector. The Metagrants program is a community-driven initiative where users will vote to decide which new game developments should receive early-stage funding.
With the Metagrants program, game developers are given the support they need to make the most in-demand games a reality. Winning games will be launched on Metacade.
Is MCADE worth buying?
With crypto prices rising and the worst of the crypto crash likely in the past, the MCADE token presale looks like a perfect investment opportunity. Metacade could become an industry-leading GameFi platform that offers a comprehensive selection of features to serve the entire Web3 user base.
After launching at just $0.008 per token, the price of MCADE is rising to $0.02 before the end of the event. This gives investors a limited time before the crypto price begins to take off, so make sure to get involved quickly to buy at the best possible price. Sentiment has undoubtedly shifted positively after the crypto crash, which could mean significant price action over the next two years.
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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