Metacade Price Prediction 2023-2030: Will Metacade reach $1?
Metacade Price Prediction: Crypto is P2E gaming entering an already competitive market. Is the differentiation strong enough for buyers to pursue?
Latest Metacade Price
Article Coverage: Metacade Performance Summary, Latest Metacade News, Metacade Price Prediction Today, Latest Metacade Video, Where to buy Metacade? Is Metacade a Good Investment? Analysis of Metacade’s Target Market, Metacade Price Prediction 2023, 2025 and 2030. Metacade Road Map
Latest Metacade News
- Metacade made a game partnership announcement, welcoming a new partner, Search For Animera: Star Siege, to their coming soon area.
Metacade Price Prediction: Is Metacade a Good Investment?
Metacade is a Web3 community hub built on the Ethereum blockchain. It is a platform where users can virtually hang out to enjoy the GameFi experience. With Metacade, individuals can play their favorite P2E games and win excellent prizes. Apart from playing online games, Metacade allows users to meet other developers, entrepreneurs, and gamers with similar interests and goals. The platform has the following features and benefits
- Trending games
- Reviews and
- Interact with other members in real-time
Metacade has signed a strategic partnership agreement with MEXC, a cryptocurrency exchange with over 6 million users in more than 200 countries. This partnership will allow Metacade to expand its reach to new investors across the world. Metacade has also announced its listing on Bitmart and will be available for purchase on a range of decentralized exchanges, including Uniswap. The presale of Metacade has raised over $8.9 million.
$MCADE, built on the Ethereum blockchain and leveraging the ERC20 network, offers low-cost and secured transactions. Metacade emphasizes safety and transparency in the Web3 domain and underwent a CertiK audit, assessing its specification, smart contract, and team to ensure its code and roadmap align with the stringent standards of Web3.
$MCADE is the native token of the platform, which provides voting rights to its holders. Note that MCADE is an ERC-20 token, meaning that it can be purchased through a secured and low-cost blockchain.
Below mentioned 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 to reward users for their different engagements within the network.
Overall, Metacade appears to be a moderate case for investment.
Metacade Price Prediction: Performance so far
- Last 1 Month: -29.1%
- Since Launch: -53.6%
Will Metacade Reach $1?
In order for Metacade to reach $1, it would need to increase by a factor of 137. At $1, Metacade’s Market Cap will be $908 million. If Metacade were to grow at a rate of 25% each year, it would take about 22 years to reach $1. Let us evaluate this data
- Quality of Investment- Moderate
- Growth required to reach $1- Feasible
- Market Cap at $1- Partially Feasible
- Time required to reach $1 if Metacade were to rise at 25% per annum- Not Feasible
Considering the criteria Quality of Investment, growth required, and time required, Metacade has low chances to reach $1 in the near future.
Metacade Price Prediction: Competition analysis
Metacade is a blockchain gaming platform and $MCADE is its gaming token. Therefore, Metacade falls under the Play to Earn crypto category.
The following are the five major players in the crypto gaming industry:
- Axie Infinity- It is a trading and gaming platform based on blockchain, which is partially operated by its players only.
- Decentraland- Decentraland is the first virtual reality system based on decentralization allowing 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 $547,311,559.
- Sandbox- Sandbox is a virtual reality game based on blockchain that allows users to build, sell and buy digital assets.
- Apecoin- Apecoin is a gaming crypto developed within the ecosystem of Bored Ape Yacht Club and is the top gaming cryptocurrency in terms of market capitalization.
- Gala- Gala games offer an array of blockchain games and provide the players control over their games by owning NFTs.
Also Read: Tamadoge Price Prediction
Metacade Price Prediction: Current market scenario
The NFT gaming industry is expected to grow at a CAGR of 31.56% by the end of 2027, according to the data. Having said that, it is 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 performing quite well for a few months, such as Axie Infinity. It leaves very little scope for new crypto to enter and flourish because the market is already loaded with numerous such cryptocurrencies and not all are performing well.
As we previously said that huge growth can be seen in the crypto gaming industry in the future, and any innovative P2E would be highly welcomed by the users.
Metacade is unique in itself because it allows the users to share their experiences and data with the other players within the ecosystem and ultimately rewards them in the $MCADE token. It means that the platform is benefitting both parties i.e., users looking for gaming advice or expertise can learn from others’ experiences, while the users sharing their experiences get rewarded.
Metacade Price Prediction Today
|1. Market's Wisdom||Partially Bullish|
|1a. Market Data||Partially Bullish|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Steady|
Metacade Price Prediction 2023, 2025 and 2030, Aggregated
- Metacade Price Prediction 2023 is $0.0461
- Metacade Price Prediction 2025 is $0.0914
- Metacade Price Prediction 2030 is $0.310
Where to buy Metacade?
Metacade is available on the following exchanges.
- Uniswap v3 (Ethereum)
Metacade Price Prediction: Conclusion
While Metacade definitely has some differentiating features and P2E gaming has a green future, it is entering a cluttered market. Hence, how these differentiators impact players will also determine how well their crypto performs.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.