Metacade, the decentralized gaming platform that combines blockchain technology with gaming, is gaining popularity in the cryptocurrency market. While the project is still in its early stages, both investors and gamers have shown significant interest in it. Many believe that the Metacade platform has the potential to disrupt the gaming industry and become the future of decentralized gaming.
To prove its determination to be a top play-to-earn gaming platform, Metacade recently announced its first partnership with Metastudio, a revolutionary new gaming company focused on delivering exciting, avant-garde, and fresh mobile games to the Metacade arcade.
What is Metacade?
Metacade is an innovative play-to-earn (P2E) platform that aims to revolutionize the blockchain gaming landscape with its all-in-one community hub. It’s where gamers, crypto enthusiasts, and developers can come together and explore the rapidly growing GameFi space, earning MCADE along the way and helping to create a self-sustaining community owned and run by the players.
Metacade builds on the success of legacy gaming community platforms, featuring dedicated sub-forums for discussing the latest games, a review system to help find the games worth playing, and community events like tournaments and prize draws to foster a sense of community engagement. However, it’s leveraging the power of blockchain technology to take things to the next level.
As the project continues to achieve new milestones, many investors are speculating on its potential for growth. They wonder if a $2 price prediction (a 100X increase from its current price) is possible by 2025.
Can MCADE go 100X by 2025
At the moment, all eyes are on the $0.022 level, the price at which the presale for MCADE ended. Many crypto analysts speculate that MACDE’s price will go 100x and reach $2 in the upcoming years.
While the prevailing market conditions have played a role in limiting the upside room for Metacade’s price, traders are waiting for the token to start a bullish rally. Right now, the price of MCADE on Uniswap is $0.017.
Let’s look at factors that could jump-start this bull run and take MCADE to new highs.
Investor Rush:
The recent surge in interest from investors in Metacade is a bullish sign for the MCADE token. It was able to raise $16.35M from the ICO token presale itself. Metacade’s strong focus on community building on platforms like Discord and Twitch has seemingly attracted investors’ attention. The project’s innovative approach to gaming and blockchain technology has kept everyone excited about its upcoming updates.
Listing on Exchanges
With the Metacade presale wholly sold out, investors are looking forward to the platform’s upcoming listings on leading crypto exchanges Bitmart and MEXC global. It is already listed on the popular dex Uniswap. Listing on these centralized exchanges will make MCADE token more accessible to a wider audience. The increased visibility and accessibility of the MCADE token could increase demand for the token and drive up its price.
The Metagrant program:
With its lucrative incentive model, the Metagrant program will attract game developers to build games on the Metacade platform. This program enables developers to submit their game proposals for funding, with MCADE holders voting on which projects should receive financial support from the Metacade treasury. It could increase the number of games on the platform and drive up demand for the META token.
Token Utility and Staking
The META token has utility within the Metacade platform, providing users with access to in-game items and other features, like entering gaming tournaments, participating in the platform’s governance, and voting on Metagrant winners. Additionally, MCADE holders can stake their tokens to earn rewards, which would incentivize them to hold onto the token, driving up its price.
Rapid Growth of GameFi and P2E Sectors:
The GameFi ecosystem is expected to grow exponentially in the coming years, and Metacade’s unique approach to gaming and blockchain technology could position it as a leader in these emerging markets.
Also Read: Top 10 GameFi Projects for Making Money
Is MACDE a Good Investment?
In summary, Metacade’s upcoming listings on Bitmart and MEXC have sparked interest in the MCADE token from investors who are eager to capitalize on the platform’s vision to become one of the crypto market’s leading P2E platforms. Metacade’s recent progress and partnerships suggest that the project is moving in the right direction.
With the platform still in its infancy, it is a perfect time for DeFi degans to add some MCADE tokens in their money bags before they take off. However, they would need to be prepared for price volatility and be willing to hold their investments for the long term.
You can buy MCADE here.
Disclaimer:
This article is for informational purposes only and should not be considered investment advice. Before investing in any projects or buying any tokens, we advise you to do your own research and consult a licensed financial advisor.
