Bear markets are often the moments that long-term crypto investors have been waiting for. Prices are low, and high-potential crypto projects have tremendous upside potential from these price levels.
While often filled with promising purchases, the bear market rarely produces investment opportunities as good as Metacade (MCADE). The beta phase of the presale sold out in record time as experts are expecting explosive price action for the MCADE token during the next crypto bull market.
What is the best investment strategy for 2023?
A tried and tested method of investing during the bear market is accumulating as many high-potential tokens as possible ahead of the next bull market. The bear market can be a great time to buy, as prices are so low that these moments are often referred to as a flash sale.
Bull markets usually take place after the Bitcoin halving event, which is roughly every four years. The next halving event is due in 2024, and crypto investors are already looking out for the best tokens to buy while prices are low during the bear market in 2023.
One of the most high-potential crypto projects during the bear market is Metacade. There is high demand for MCADE, as the token recently started its presale event and sold over $1 million in just three weeks. It offers some exciting features to the GameFi community, and many experts are predicting that it could become one of the most widely used platforms of its kind.
Can MCADE reach $5 by 2025?
The MCADE token started its presale at just $0.008, and the price is set to rise to $0.02 by the end of the presale. After this point, the Metacade platform will begin to offer a collection of play-to-earn (P2E) arcade games and provide financial rewards to users through a number of different features.
Since MCADE has been attracting massive attention already, the project could become one of the biggest in GameFi by market capitalization. Other GameFi projects like Decentraland and Axie Infinity exploded in value during the 2021 bull market, and Metacade could make similar gains during 2025.
There is a key level of resistance for MCADE at $1; however, the project will be in full swing by 2024 and is expected to breach this price level before the next bull market – a 50x price rise after the presale is complete. In 2025, MCADE will go into price discovery during the bull market and could target higher price levels, such as $5 and $7.
What is Metacade?
Metacade is the first community-driven arcade. Built on the Ethereum blockchain, Metacade will offer a range of different P2E titles to users from across Web3 and become a central hub for blockchain gamers to access the hottest alpha in the space.
Users will be rewarded with MCADE tokens for contributing to the community, as Metacade aims to provide a central location for gamers to learn about the latest trends, access game reviews from seasoned blockchain gamers, and discover the latest methods for maximizing the playing experience.
In 2024, Metacade will become a decentralized autonomous organization (DAO) and give full control to its community. MCADE token holders will be able to vote on governance proposals and drive progress for the platform, deciding which new games should be added to its ecosystem and how the treasury should be utilized for the long term.
How does it work?
Casual and competitive gamers alike can access many different games that each have integrated earning potential. Players can progress through levels and try to beat their high scores in some classic arcade-style games, as well as compete against one another in P2E tournaments that have major MCADE prize pools.
Metacade offers a variety of additional methods for earning a crypto income, with some that are completely unique to the platform. Users can stake MCADE tokens to earn a passive income, as well as access a crypto jobs board from 2024 onwards. This will connect gamers to beta testing opportunities, where they can provide feedback to game developers and earn MCADE tokens in the process.
Metacade could change the game for good
GameFi is revolutionizing the gaming industry as it merges new technologies with popular pastimes to unlock additional benefits for users. Metacade aims to drive progress in GameFi by helping new projects to innovate. The Metagrants program can help to boost the level of technological progress in GameFi, as new projects will be provided with financial support during their early stages.
Since Metacade is community-driven, the Metagrants program will have a voting process where users decide which new games should be funded. This helps to match new projects to a community that is ready to play and ensures that the most in-demand games are given a platform to succeed.
Is MCADE worth buying during the bear market?
The Metacade presale could turn out to be one of the best investment opportunities during the bear market. The project appeals to a large number of gamers from across the world and offers a premium gaming experience with a next-generation incentive structure. At a current price of just $0.01, MCADE looks extremely undervalued.
Metacade is a great addition to the portfolio for any crypto investor. The presale is expected to sell out during every funding round, which means that participants have a limited time available to get involved at the current price.
You can participate in the MCADE presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
