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The year 2023 has been the year of the crypto presale, with investors flocking to Metacade's ICO. By the end of 2023, MCADE could overtake AXS and MANA due to the pace at which it has been selling out.
Here’s why Metacade is such a hot crypto token in 2023 and one of the most exciting investment opportunities of the year.
Metacade might be the best GameFi investment opportunity of the year
The GameFi market is making serious inroads into the consciousness of the crypto investor and is one of the largest growth markets in the tech world. Combining crypto tokenomics structures with tempting and sustainable financial rewards, gamers worldwide can now access rich earning potential and unrivaled gameplay experience from the comfort of their homes.
This makes GameFi platforms among the best crypto investment opportunities, thanks to the potential to make enormous returns for token holders. The latest jewel in the GameFi crown is the virtual gaming arcade, Metacade, which has raised $15m in 18 weeks since the launch of the MCADE crypto token presale event.
Metacade stands alone among GameFi platforms. The project contains several ground-breaking earning channels for users to exploit as they look to take blockchain gaming to the next level while creating the largest selection of online games on the blockchain.
Can MCADE reach $1 in 2023?
The MCADE token presale event has been enormously popular, so it could be one of the best cryptos to buy now. In the coming weeks, months, and years, experts predict exponential price increases as more investors flock to this exciting crypto investment opportunity.
With a fixed supply of 2 billion tokens, analysts predict a scramble amongst public investors when the presale concludes and MCADE hits the crypto exchanges. This level of demand could have a severe inflationary impact on the price, currently at $0.02 in the final stage of the presale, potentially pushing it beyond the $1 barrier before the year is out.
What is Metacade?
Metacade is building the world’s largest online virtual gaming arcade, which by its nature, will be a hangout for gaming enthusiasts and crypto fans to network, collaborate, and enjoy the rich play-to-earn (P2E) mechanics the platform provides all users.
While the P2E engines are amongst the best in the GameFi sphere, Metacade stands out by providing several additional earning streams to help boost their income. For example, to help build the most extensive online gaming community in the blockchain gaming sector, users are incentivized through rewards each time they post social content to the hub through the Create2Earn scheme.
Meanwhile, the platform’s token staking initiative forms part of the Compete2Earn program. Users can stake MCADE tokens in return for entry into online tournaments and prize draws, where they can earn serious rewards.
The most exciting feature Metacade brings to the GameFi market is its revolutionary Metagrants scheme. It supports game developers as they produce the hottest new GameFi titles exclusively for the Metacade platform. Developers apply for crypto funding to support their ventures, with the MCADE community voting for their favorite ideas from a pool of submissions. Those that gain the most votes receive a Metagrant and go into production.
Metagrants will automatically feed into the fourth earning channel, Work2Earn, which launches in 2024 to bring the best paid Web3 opportunities to the MCADE community.
These outstanding features clearly establish Metacade as one of the most exciting investment opportunities in the GameFi world. However, how will MCADE stack up against established platforms such as Axie Infinity (AXS) and Decentraland (MANA)?
AXS Price Prediction for 2023
Axie Infinity (AXS) is one of the world’s largest GameFi platforms with a premise that will be similar to fans of the AR-based game Pokemon Go, which revolutionized gaming a few years ago. Gamers collect virtual pets, known as Axies, and train them to battle against other players’ pets. Rewards are awarded to the victor, which can be exchanged in the online marketplace to level-up Axies or buy new ones.
Currently trading at $8.09, analysts expect some upward movement in the price of AXS as the easing of crypto markets continues throughout the year. Most estimates believe that AXS will peak just above the $10 mark, meaning a rise of approximately 40% by the end of 2023.
MANA Price Prediction for 2023
Decentraland (MANA) is a well-established metaverse platform that allows users to purchase digital real estate plots using the native MANA token. Once purchased, these plots can be cultivated in any way the owner wants to monetize the platforms and generate passive income. Uses for plots have included hosting digital art exhibitions, virtual concerts, and gaming experiences.
MANA is currently trading at $0.57, almost 90% lower than its all-time high of $5.90. Experts predict that MANA will see steady growth between now and the end of 2023, with prices reaching around $0.76. This represents a yield of approximately 20%.
MCADE: Possibly the best crypto token investment of 2023?
Most established coins in crypto markets will experience modest growth throughout 2023, according to experts. In contrast, those who invest in the MCADE crypto during the current presale could potentially 50X their holdings by the end of 2023, dwarfing AXS and MANA's returns.
MCADE is one of the most exciting crypto tokens to hit markets in years, and investors are encouraged to get involved now to take advantage of this vast opportunity.
You can participate in the Metacade final stage presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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