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The recent bullish price action seen across much of the crypto market has left many investors wondering where tokens like Uniswap and Metacade could end up in 2023. In this article, you’ll find a Uniswap price prediction and a forecast for one of the most talked about projects currently in presale, Metacade.
Uniswap (UNI) Could See Adoption Rates Rise in 2023
Uniswap is a decentralized exchange built on the Ethereum network. It enables users to trade tokens directly without needing a third party, making it a secure way to trade cryptocurrencies. One of the main perks of Uniswap is that it allows anyone to list their own tokens, meaning users have access to a wide range of projects not available on centralized exchanges.
In return for providing liquidity to traders, users can receive a passive income for locking up their tokens on the platform. In previous bull markets, UNI performed exceptionally well as users flocked to the exchange to pick up tokens they couldn’t find anywhere else. This upcoming bull market is expected to be no different, so many analysts have revised their Uniswap price predictions upward in recent weeks.
However, in this bull market, UNI could see a considerable uptick in trading volume compared to previous bull markets. After the FTX collapse, trust in centralized exchanges is at an all-time low. Combined with the rising number of crypto scams, users are becoming increasingly aware of the need to protect their funds. Uniswap and other decentralized exchanges pose a perfect solution to these issues.
Uniswap (UNI) Price Prediction for 2023
Many Uniswap price predictions for 2023 had previously been set around the $10.74 mark, up 54.7% from its current price of $6.95. However, several high-profile experts have begun placing Uniswap price predictions for at least $18.37, representing an approximate 164% increase from today’s prices.
Moreover, some of the more bullish Uniswap price predictions lie around $26.18, with a maximum of $36. Either way, UNI investors are expected to benefit immensely from the upcoming bull market. Alongside this projected growth, Metacade is forecast to perform even better this year.
Metacade (MCADE) Is Set To Dominate Play-To-Earn Gaming
Metacade is a community-centric platform looking to take advantage of the projected GameFi boom in 2023. It strongly emphasizes community building, offering a full suite of features designed to help players connect and learn how to make the most from play-to-earn (P2E) gaming. From forums and real-time interaction to tournaments and a jobs board, Metacade is dedicated to creating a one-stop platform that provides users with value at every step.
To encourage players to help each other out, Metacade uses its MCADE token to reward users for contributing reviews, alpha, and other helpful content to the platform, opening up another revenue stream for P2E gamers. There’s also a job and gig board, launching in 2024, where users will find casual, part-time, and salaried positions working with some of the most prominent Web3 companies.
What sets Metacade apart from the rest is its innovative Metagrant scheme. Through this program, gamers can join forces and support developers in creating incredible P2E games via a competition-based platform. This gives developers valuable insight into what players want while also allowing users to shape the future of the P2E industry. It's an exciting initiative that has the potential to be truly game-changing.
This cycle of innovation, engagement, and growth is likely to help establish Metacade as a leader in P2E gaming. Some investors have already realized this, putting over $7.8m into the MCADE presale just 14 weeks after launch. With a recent Certik approval and multiple exchange listings on the way, MCADE is certainly one to watch.
Metacade (MCADE) Price Prediction for 2023
So, where do analysts think MCADE could end up in 2023? At the end of its presale, MCADE will be worth $0.02. Given that GameFi is expected to explode this year, several analysts have set targets for at least $0.20, offering 10x returns even for those that got involved at the end of presale.
More bullish analysts see the potential for even greater returns. A few MCADE price predictions have been seen at $0.45, with some going as high as $1! If MCADE hits the $1 mark, investors could be up a whopping 4,900% in just under a year.
Should You Invest in UNI or MCADE?
Overall, 2023 could be very profitable for UNI and MCADE investors. There’s no denying that Uniswap is in an excellent position to grow from the upcoming bull market, especially when considering its status as the leading decentralized exchange.
But while the Uniswap price predictions are something to get excited about, they pale compared to the golden opportunity Metacade presents to investors. As the GameFi market expands, Metacade will serve as Web3’s number one community space for P2E gamers.
Why miss out on having what could be one of 2023's most profitable GameFi tokens? The lucrative rewards system and MCADE token in presale undoubtedly offer unique features that could help you maximize your profits.
If you’re considering getting involved, check out the Metacade presale as soon as possible. MCADE tokens are currently on sale for $0.0155, but time is quickly running out to grab tokens at this price before this current stage sells out!
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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