Metacade is a Web3 community hub built on the Ethereum blockchain. It’s a platform where users can virtually relax to enjoy the GameFi experience. With Metacade, people can play their favorite P2E games and win excellent prizes. In addition to playing online, Metacade allows users to meet other developers, entrepreneurs, and players with similar interests and goals. The platform has the following features and advantages
- Trending games
- Rankings
- Reviews and
- Interact with other members in real time
Metacade has signed a strategic partnership agreement with MEXC, a cryptocurrency exchange with more than 6 million users in more than 200 countries.
This partnership will allow Metacade to expand its reach to new investors around the world. Metacade has also announced its listing on Bitmart and will be available for purchase on a number of decentralized exchanges, including Uniswap. The current pre-sale of Metacade has raised more than 8.9 million dollars
.
$MCADE is the platform’s native token, which provides voting rights to its holders. Note that MCADE is an ERC-20 token, which means that it can be purchased through a secure and low-cost blockchain
.
Here are the use cases of the MCADE token:
- It can be used for various competitions and tournaments within the Metacade ecosystem.
- Users can stake MCADE tokens through the Metacade ecosystem.
- MCADE tokens are a means of rewarding users for their various commitments within the network.
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Metacade Price Prediction: Competitor Analysis
Metacade is a blockchain gaming platform and $MCADE is its gaming token. Therefore, Metacade falls into the category of Play to Earn cryptocurrencies
.
The following are the five major players in the crypto gaming industry:
- Axie Infinity- It is a blockchain-based trading and gaming platform, which is partially managed only by its players.
- Decentralization- Decentraland is the first virtual reality system based on decentralization that allows users to interact and communicate, which makes it special in its niche. It is the third largest gaming cryptocurrency in terms of market capitalization, which is $948,532,739
- Sandbox- Sandbox is a blockchain-based virtual reality game that allows users to build, sell and buy digital assets.
- Apecoin- Apecoin is a gaming cryptocurrency developed within the Bored Ape Yacht Club ecosystem and is the best gaming cryptocurrency in terms of market capitalization.
- Gala- Gala games offer a wide range of blockchain games and provide players with control over their games by owning NFTs.
.
Metacade Price Prediction: recent buzz on Twitter
People are actively talking about Metacade and $MCADE on Twitter, as we can see that there were around 485 tweets about the cryptocurrency in just a few hours.
One of the reasons for this activity is that MetaCade became the first Play to Earn Crypto that raised more than $670,000 in two weeks.
Additionally, Metacade announced the opportunity to win $125k for one lucky user at the end of its pre-sale event.
Metacade Price Prediction: price movements of current P2E cryptocurrencies
Gaming tokens have taken off in recent weeks for two main reasons.
- Gala’s game acquisition strategy has been appreciated and could be the way forward. Acquire or collaborate with games that are running and then introduce the token there
- The Fed’s accommodative outlook is encouraging investors to take more aggressive bets, such as gaming tokens.
The main P2E tokens include — Apecoin. Axie Infinity, Decentraland Mana, Sandbox, Gala. The highest-performing P2E token in the last 12 months is BinaryX. Here’s how BinaryX has performed over the past 12 months
- Last 5 days: +9.0%
- Past 30 days: +109.5%
- last 6 months: +38.8%
- Last 1 year: +72.0%
Metacade Price Prediction: Current Market Scenario
As of February 2022, GameFi’s market capitalization was estimated at 55.38 billion dollars. Reports say that GameFi’s market capitalization grew at a CAGR of 180% from 2018 to
2022.
Additionally, the NFT gaming industry is expected to grow at a CAGR of 31.56% by the end of 2027, according to the data. That said, it’s pretty obvious that the blockchain gaming industry is expected to grow rapidly in the coming years
.
However, there are plenty of existing P2E blockchain games that have been working pretty well for a few months, such as Axie Infinity. It leaves very little room for new cryptocurrencies to enter and prosper because the market is already full of numerous cryptocurrencies of this type and not all of them are doing
well.
As we said before, in the future, enormous growth can be seen in the crypto gaming sector, and any innovative P2E would be highly appreciated by users.
Metacade is unique in its own right because it allows users to share their experiences and data with other players within the ecosystem and ultimately rewards them in the $MCADE token. It means that the platform is benefiting both parties, that is, users looking for tips or gaming skills can learn from the experiences of others, while users who share their experiences are rewarded
.
Metacade Price Forecast 2023, 2025 and 2030, Aggregate
- Metacade Price Prediction 2023 is US$ 0,0406
- Metacade Price Prediction 2025 is $0.0858
- Metacade Price Prediction 2030 is $0.306
Metacade Price Prediction: Conclusion
While Metacade certainly has some differentiating characteristics and the P2E game has a green future, it’s entering a messy market. So, how these differentiating factors affect players will also determine the performance of
their encryption.
