After a strong start to 2023, altcoin gems such as ApeCoin (APE) and Metacade (MCADE) now look ready to explode. With promising price action on the horizon for both tokens, which one is the better buy for 2023?
Metacade is, without a doubt, a top crypto to invest in now
ApeCoin value made a major move upward at the beginning of 2023 and now looks primed to continue. The ApeCoin price prediction is promising for the rest of the year, as the APE token looks set to recapture a significant portion of the value that it lost during the 2022 bear trend.
With the ApeCoin price prediction bullish, investors are seeking more promising investment opportunities in Web3. Altcoin gems such as Metacade look like good opportunities, as hype has been gradually building around the possibility of a 2023 alt season.
The MCADE presale has attracted $5.4m of investment in just 10 weeks, with investors extremely bullish on the future prospects of the new project. As both the Metacade and ApeCoin price predictions look major, investors seeking to diversify their portfolio with high-potential altcoin gems could be in for a treat in 2023.
What is ApeCoin?
ApeCoin (APE) is the utility token used within the Ape ecosystem. Holders have governance and decision-making rights within the ApeCoin DAO – a decentralized community of Web3 specialists who are looking to usher in the future of metaverse-based technologies. APE holders can also play exclusive games, buy merch, and attend members-only events.
The ApeCoin project was inspired by Yuga Labs’ Bored Ape Yacht Club (BAYC) NFT collection, which became one of the most valuable collections of digital artwork based on the prevalence of its digital community. ApeCoin aims to drive the further expansion of communities such as BAYC’s through the APE Ecosystem and ApeCoin DAO.
ApeCoin price prediction: Can APE reach $15 in 2023?
The ApeCoin price prediction for 2023 is looking bullish after a disappointing 2022 saw APE lose 90% of its value. APE is still a relatively new altcoin, but it looks ready to skyrocket as the wider market conditions improve.
A key price target for APE in 2023 is $15, where the ApeCoin price prediction could face stiff resistance. If APE manages to break through this price level, then the ApeCoin price prediction will target new all-time highs above the $30 mark.
What is Metacade?
Metacade is the biggest on-chain arcade. Like ApeCoin, Metacade is a community-driven project that aims to support the future of decentralized communities directly. The Metacade platform will provide a host of ground-breaking features that offer financial benefits to its users, aiming to become a central hub for the Web3 community over time.
The Metacade platform will display all the latest trends in the GameFi sector, as well as some of the most valuable gaming alpha that can be found anywhere on the blockchain. It will create jobs, advertise careers for crypto enthusiasts and offer crypto gamers vast earning opportunities through a wide selection of online games.
How does MCADE work?
The Metacade’s range of arcade games all offer integrated financial rewards to players. Casual gamers can progress through levels and try to beat their high scores, all while earning performance-based rewards in MCADE for their dedication to in-game goals. MCADE tokens can then be used to enter gaming tournaments and buy merchandise on the platform.
The community hub is supported by a unique Create2Earn feature that will also give users MCADE tokens for their platform contributions. This could include posting game reviews, sharing alpha, and interacting with other users, effectively incentivizing its community to become a hive of crypto content creators.
Furthermore, Metacade will create jobs for Web3 users through its Work2Earn feature. This will connect gamers, entrepreneurs, and investors alike with paid job opportunities at some of Metacade’s partner projects. Roles could include part-time work, full-time roles, and unique gigs such as testing out brand-new blockchain games before they are launched in the extensive metaverse arcade.
Can MCADE reach $1 in 2023?
The MCADE presale is expected to sell out completely in the early stages of 2023. After this point, MCADE could be ready to take off as the token is launched on exchanges and the platform itself goes live.
A key price target for Metacade is the $1 mark, which would be a 50x price rise from the end of the MCADE presale. In 2024 and beyond, Metacade could start to target higher levels at $5 and $7, as the promising GameFi project looks ready to post over 200x gains once it has been fully developed.
MCADE vs ApeCoin price prediction: Which is the better buy?
The ApeCoin price prediction, while bullish, is unlikely to outperform Metacade over the coming years. Metacade looks ready to become a leading project in the blockchain gaming space, offering a suite of features and extensive earning opportunities all in a single blockchain platform.
The MCADE presale could turn out to be the investment opportunity of the year. With a 50x return being predicted for MCADE after the presale, and the potential for up to 250x gains by the time the next crypto bull market comes around, MCADE is certainly the better buy right now. That said, strong altcoins like MCADE and APE both represent strong investments for the future of Web3 and should be considered strong contenders.
You can participate in the Metacade presale here.