Why Metacade is the best choice for the crypto market outlook 2023

Why Metacade is the best choice for the crypto market outlook 2023

Crypto markets will look back on 2022 as one of the worst years they ever had to deal with. A long-term bear market was caused by the failure of major crypto players like Luna and FTX and the worsening of the global economy. Some analysts have even said that 2022 will be a “crypto winter.”

Many people think that tough times will last until 2023, so investors are searching hard for good deals in the crypto market over the next few months. MCADE, the native token of the new gaming platform Metacade, is a coin that shows a lot of promise.

This guide looks at what will happen with cryptocurrencies in 2023 and why Metacade is the best place to invest.

How to make smart investments in 2023

Even though established coins are trading at low prices, it’s hard to find a good deal when the market is in a bear market. This is fine for a trader who is willing to wait until market conditions get better, but those who want to make quick money are frustrated by the lack of fast gains.

One strategy that has been shown to work is to look for new, interesting projects that got a lot of attention during their presale and are likely to go up in price once they hit decentralized exchanges (DEX). Even though these projects don’t happen very often, when they do, they are often undervalued during the presale stage and their prices go up when they list on DEXs.

Metacade is one of these exciting new projects. During its presale event, thousands of investors flocked to it. In just three weeks, the beta phase sold out, bringing in more than $1.3 million. After the presale, the price of this high-potential project is expected to skyrocket, giving early investors the chance to see the value of their holdings skyrocket, even though the current crypto market outlook is unclear.

How far up could MCADE go?

The presale for MCADE started at the worst point of the current bear market, when beta phase tokens were worth $0.008 each. Metacade will go through nine stages of pre-sale, with the price going up with each step until it reaches $0.02 at the end. Once Metacade opens its virtual doors to offer the widest range of play-to-earn (P2E) games in the metaverse and MCADE hits DEXs, analysts predict that the remaining two billion tokens will be snapped up quickly.

The pre-sale of Metacade has already created a lot of height and momentum. The exciting roadmap for the platform looks like it will put Metacade at the center of the GameFi industry, where it will be the leader in terms of gameplay experience and new ideas. Since other GameFi titles, like Decentraland and Axie Infinity, had huge price increases during the bull market in 2021, it is expected that Metacade will do the same during the next bull market, which is expected to happen in 2025.

By then, Metacade will have made the full change to a fully community-led decentralized autonomous organization (DAO). When gamers take over the gaming community, they are likely to add new and exciting things to the roadmap. Experts are already saying that MCADE could be worth at least $5 during the next bull market, which could happen in 2023. This is based on the potential of this unique project.

What’s Metacade?

Metacade is a virtual gaming arcade that runs on the blockchain. It plans to have the most P2E games in the metaverse. Metacade will be a place where Web3 gamers can hang out and build a community. It will use Ethereum’s blockchain and the best of GameFi design.

Even though P2E is the platform’s main draw, users have a number of other ways to earn rewards and passive income. They can bet their crypto tokens to enter regular tournaments and prize draws with good bonuses, and they can also get rewards for getting to know other people in the community. When they share game reviews, alpha, and gaming tips, they will get rewards.

Metacade wants to become a full-fledged DAO by the end of the third quarter of 2024. This process will start in the second quarter of 2023 and oversee the release of several new features before giving community members full control of the platform. Once this change is finished, MCADE token holders will have full voting rights to decide how Metacade is run and where it will go in the future. Metacade will stay at the top of the growing GameFi market as long as it focuses on what the community wants.

How does it work?

Metacade is powered by a self-sufficient ecosystem in which revenue flows smoothly from one of several established revenue streams to be re-invested in the platform or given to players as rewards. As was said above, gamers can add to the revenue streams by betting MCADE tokens to enter P2E tournaments and prize draws. They can then play against other gamers in potentially profitable P2E tournaments to win money.

Most of the extra money will come from outside sources. Metacade will sell advertising space on the platform and charge other gaming companies to release games for the community to play. As part of its Work2Earn program, Metacade will start charging Web3 companies in the first quarter of 2024 to post job openings on their career boards.

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