Some fresh bullish news has come to light following the recent announcement that Metacade (MCADE)’s ongoing presale event continues to draw in huge interest. The beta phase sold out in just over 20 days, as bullish crypto investors poured over $1.3 million into the first funding round.
Now, many are wondering just how high Metacade could go during 2023.
Metacade could turn out to be the buy of the year
Bullish crypto investors and GameFi enthusiasts have been out in droves to back Metacade during its presale, with the platform aiming to deliver one of the most comprehensive gaming experiences to be found anywhere in the blockchain gaming space.
The MCADE presale rapidly sold out during its beta phase, attracting over $1.3 million worth of funding in just 3 weeks. This bullish news is a strong indicator that Metacade’s utility token is set to rocket in value over the short term, with massive long-term prospects ahead.
After starting at $0.008 per token, MCADE is set to rise to $0.02 by the end of the presale. This means that bullish crypto buyers have the potential to make 2.5x returns when the token becomes available to the public – yet another compelling reason why so many have jumped at the opportunity to get involved.
Metacade’s long-term potential as a robust gaming platform shows fantastic promise, with experts predicting its token to approach a 50x rise in 2023. The project offers some amazing and unique features to gamers, with its impact looking to strengthen the wider GameFi industry.
How high could MCADE go in 2023?
MCADE will gradually increase in value over the course of the presale, culminating in a $0.02 valuation before the token’s IDO. At this point, the token will be launched on decentralized exchanges (DEXs) and buyers from all over the world are likely to start buying MCADE.
This expanded reach is forecasted to result in some seriously bullish crypto price action for the MCADE token. MCADE has a fixed total supply of 2 billion tokens, which means that increased buy pressure coming from DEXs will inevitably result in higher prices for MCADE as early adopters keep on HODLing what is shaping up to become a solid token.
Coupled with the utility that has been built into the MCADE token, this can produce a skyrocketing effect for Metacade. 50x gains are certainly a possibility, with the $1 mark an achievable target for MCADE during 2023.
Is cryptocurrency a good long-term investment?
Between 2016 and 2021, the total number of crypto holders in the world increased by 59x, and cryptocurrency is expected to continue to grow over the coming years. There is a widespread belief that bullish news like Bitcoin’s Lightning Network can help to expand the reach of blockchain technology across the world.
More bullish news for the future of cryptocurrency includes the willingness of major national governments to adopt crypto as a means of cross-border payments. El Salvador is famously a bullish crypto holder and Russia recently decided to recognize crypto as a valid international payment method.
What is Metacade?
Metacade is building a metaverse arcade – the single biggest platform of its kind. Built on the Ethereum network, Metacade will be home to a wide variety of play-to-earn (P2E) titles. GameFi players will be able to access exciting games ranging from classic arcade titles to brand-new experiences that are unique to the Metacade platform.
P2E tournaments will also be a key feature for Metacade, as players will be able to compete against each other directly for the chance to win MCADE token prizes. The project is deeply community-driven at its core, and in the future, Metacade will become a decentralized autonomous organization (DAO), handing total control over to its user base.
How does it work?
A wide variety of different games will be offered and each will provide MCADE token rewards. Players will also have the option to pay to enter online competitions, enabling larger prize pools for the winners of P2E tournaments. This feature, along with the strong community aspect, continues to attract hordes of bullish crypto gamers to the presale.
Metacade community members will also be rewarded for sharing useful information about different blockchain-based games. Users can read bullish news about GameFi and learn how to optimize the playing experience across many different games, as Metacade aims to build a tight-knit gaming community that is consistently rewarded for its efforts on the platform.
The Metacade: Driving GameFi development
Metacade aims to drive innovation in Web3 by providing early-stage funding support to game developers through its Metagrants program. The Metacade community will vote for the games they most want to see built and Metacade will provide crucial support in the development process for new blockchain games.
Is a Metacade investment worthwhile?
Metacade represents a unique investment opportunity, as the presale is releasing the MCADE token for a very low price when compared to its potential long-term value. The risk-reward ratio is favorable for bullish crypto investors, who could stand to make over 50x gains in 2023.
The beta phase has sold out. This bullish news means that investors will now be able to get MCADE at $0.01 for a limited time, as the price of MCADE will soon rise to the next stage. With a solid outlook for the future, Metacade is certainly one to consider investing in, as it could produce phenomenal gains from its current price level.
You can participate in the MCADE presale here.