As The Crypto Bubble Pops, Investors Are Backing Coins With a Future, Like Metacade
- The entire crypto market capitalization fell over 70% in 2022
- Metacade (MCADE), a new GameFi platform, has just launched its presale
- The Metacade project is attracting an increasing number of backers
The crypto bubble seems to have popped after a major downturn in 2022. Terra Luna lost 99% of its value, and Sam Bankman-Fried’s FTX became insolvent towards the end of the year.
The crypto bubble has now well and truly deflated, and investors are now seeking new cryptocurrencies at market lows. Buying low and selling high is the aim of the game, so Metacade (MCADE) – a brand-new cryptocurrency – is a prime buying opportunity.
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Current events & news
The year 2021 was a major crypto bubble. It was a unique bull market that affected multiple industries and many different assets – whether traditional stocks in the S&P 500, real estate, or cryptocurrencies – prices were rising, and investors were making gains.
But all good things must come to an end. Unfortunately, 2022 saw the entire S&P 500 fall by over 20%, with traditional technology stocks like Meta (formerly Facebook) and Tesla crashing over 70% each. The crypto bubble also burst, with Bitcoin suffering from a 75% dip and many altcoins losing 90% of their value.
For investors who were overexposed during the crypto bubble (like Sam Bankman-Fried, for example), declining prices caused devastation. It can take a while for any assets that were bought near the top to reclaim their previous price level, which could leave many investors underwater for the foreseeable future.
However, new cryptocurrencies such as Metacade could provide a lifeline during the bear market. Any exposure to brand-new assets can produce gains from the offset. The MCADE presale represents a rare and lucrative opportunity to buy a new cryptocurrency with high potential in its earliest stages.
What is Metacade?
Metacade is a brand-new cryptocurrency and the first community-driven arcade. It will become the biggest platform of its kind that can be found anywhere on the blockchain, offering gamers extensive opportunities to earn crypto while progressing through endless levels in some classic arcade games.
The platform will also become a social hub for the wider Web3 community. Users can access all the latest information about crypto’s GameFi sector, including tips for making the most out of the playing experience and all the hottest trends in the space.
Metacade has an advanced incentive system that encourages community involvement. In addition to offering play-to-earn rewards in every game found in the Metacade, users can earn a crypto income through several features that are unique to the platform.
How does it work?
The Metacade’s play-to-earn arcade will offer casual and competitive gameplay. Gamers can progress through levels while trying to beat their high score, and the platform will also host paid-entry tournaments through its Compete2Earn feature.
Create2Earn will incentivize the community to create content for other users. Players can earn MCADE tokens for posting game reviews, sharing alpha, or simply interacting with other members of the community.
As well as this, Metacade will provide a platform for Web3 users to kickstart their careers in crypto. Both new and existing cryptocurrency projects will advertise open positions in the Metacade, allowing users to apply for part-time work or full-time roles from 2024 onward.
Metacade is entirely driven by its community and aims to become a decentralized autonomous organization (DAO) over time. The platform will gradually transition to a new governance structure, in which users are given key roles at the head of the platform to drive its progress into the future.
Metacade is a game-changer
While Metacade’s features are specially designed to serve the Web3 community, the project also aims to boost the overall level of innovation in GameFi. One way Metacade will achieve this is by connecting new games to a community of players who can find bugs and suggest improvements before the game is launched.
Additionally, the Metagrants program is designed to expand the level of innovation in the Metacade itself. The community will vote to provide early-stage investment for new games, helping to support innovation and continually drive progress in the Metacade.
Could MCADE reach $1 in 2023?
After the presale was recently announced, Metacade successfully sold all 297,500,000 tokens that were made available in the beta and first stages. The presale has been generating a lot of excitement from Web3 users, and tokens are continuing to sell rapidly as Metacade races through its presale.
Experts are suggesting that the MCADE token could skyrocket during the next crypto bubble. Next MCADE will have its IDO, and the Metacade will soon begin offering its users a suite of P2E games. By the end of 2023, MCADE could rise 50x in value, with the $1 mark being a key price target for presale investors.
Is MCADE worth buying?
The MCADE presale is certainly a worthwhile addition to any investment portfolio. New cryptocurrencies often produce major gains during crypto bubbles, so it is beneficial to buy while the token price is low.
At the current price of $0.012, presale investors can expect significant returns over the coming years. The previous crypto bubble may have burst in 2022, but bear markets don’t last forever. Brand new cryptocurrency MCADE may turn out to be one of the highest gainers when the market inevitably recovers.
You can participate in the MCADE presale here.