As Shiba Inu’s Price Prediction Spirals, Metacade Is Set To Soar

As Shiba Inu’s Price Prediction Spirals, Metacade Is Set To Soar

By Alice Davies - min read
Updated 30 January 2024

The GameFi sector is widely considered to have a more exciting and prosperous future than meme coins. Indeed, crypto gaming is undergoing significant growth, expected to continue in the coming years, while the utility of meme coins is beginning to be under the microscope. Shiba Inu is one such meme coin under heavy scrutiny from investors.

Consequently, the Shiba Inu price prediction for 2023 is considerably more sluggish than many GameFi coins, with Metacade, in particular, capturing investors’ imaginations during its presale thanks to its unrivaled blueprint to take the GameFi industry forward.

What is Metacade?

Metacade is a brand-new blockchain-based gaming platform building a community hub where gaming enthusiasts can hang out and collaborate while playing the latest play-to-earn (P2E) titles. This digital video arcade aims to become the metaverse’s largest community of GameFi titles while driving innovation in the Web3 gaming sector.

Gamers can also earn passive income outside the traditional confines of the platform’s P2E mechanics. For example, every social interaction with the community in the form of writing game reviews, sharing gaming tips, or participating in live chats is rewarded with crypto rewards, which can be reinvested in the platform as crypto stakes or to experience one of the many pay-to-play titles on the platform.

How does Metacade work?

The native MCADE token fuels the entire Metacade ecosystem with revenue generated from internal and external sources, including adverts and releasing non-Metacade titles on the platform. This revenue provides the basis of crypto rewards and the platform’s ground-breaking Metagrants scheme.

Game developers are encouraged to apply for Metagrants to support the development of new P2E titles exclusive to Metacade. Their submissions are pooled before being presented to the community, who vote for their favorites. The most popular games gain funding to help their creation and development, with the first titles due to be released in Q1 of 2024.

This community-led approach will filter through every facet of the platform by the end of Q4 2024, and Metacade will ultimately transition to a fully-fledged DAO. As part of this transition, Metacade will cement its position at the forefront of GameFi innovation with the launch of its Work2Earn scheme. Community members can apply for the best Web3 and GameFi vacancies at both Metacade and external companies, driving their careers and the industry to ever greater heights.

MCADE price prediction: Is $1 possible in 2023?

The MCADE token recently launched its presale event, with the beta phase valued at $0.008 per coin, selling out in three weeks. The project has since gone on to raise $4.1 million. This momentum shows no signs of slowing in subsequent presale phases as the coin’s value increases to its eventual final price of $0.02 at the event’s conclusion.

The platform’s engaging and multi-faceted roadmap assures Metacade of a long-term future at the head of the GameFi revolution. With the presale expected to fully sell out across the nine phases and demand for MCADE coins expected to surge once it hits exchanges, predictions are that MCADE could break the $1 barrier in 2023.

What is Shiba Inu (SHIB)?

Shiba Inu rose to the consciousness of crypto fans in October 2021 when 50% of the platform’s total supply of crypto coins was sent to the wallet of Ethereum founder Vitalik Buterin. Buterin famously burned 90% of these coins, valued at $6.7 billion, in a move that gave Shiba Inu great publicity and temporarily boosted Shiba Inu’s price predictions.

Since blazing onto the scene with this stunt, Shiba Inu has gained a reputation as a steady meme coin, aiming to become the largest in the sector by market cap. Recently, the platform has released plans to add to its offering by developing a layer-2 scaling solution called Shibarium, which will vastly increase its use case and customer base.

Shiba Inu hopes to encourage more dApp developers to move to Shibarium with the promise of faster and cheaper transactions than those offered by Ethereum’s layer-1 solution, thus increasing the liquidity and utility provided by the SHIB token.

SHIB price prediction: Will SHIB hit $0.0001?

The lack of utility meme coins offer makes them notoriously low-value on the market. This, combined with the enormous supply of SHIB tokens, has led to the Shiba Inu price prediction for 2023 and beyond struggle to hit the heights of coins in other crypto market sectors.

With SHIB currently trading at $0.000009002, it has a lot to do to reach its previous all-time high of $0.000088, never mind hitting new heights. A lot depends on a successful roll-out of Shibarium. If the upgrade is successful and dApp developers flock to the new platform, $0.0001 looks achievable.

Is MCADE a good investment?

The MCADE presale event has already proven itself to be an excellent investment opportunity and predictions are that there are substantial gains to be made for the early investor who takes advantage of the current price of $0.012.

Indeed, compared with the sluggish Shiba Inu price prediction for 2023, the potential of MCADE becomes even more apparent. With the price of MCADE increasing throughout each stage of the presale event, now is the time for investors to secure the best possible price and maximize their returns.

You can participate in the Metacade presale here.