ApeCoin, a project inspired by Yuga Labs’ Bored Ape Yacht Club (BAYC) NFT monkey collection, could be one of the highest-gaining cryptocurrencies over the coming years. It is a relatively new project and will likely benefit from rising prices across the crypto market between 2023 and 2025.
However, will this NFT monkey project overcome Metacade’s mega price potential before 2025?
Long-term crypto forecast: NFT monkeys or play-to-earn applications?
Whether ApeCoin’s NFT monkey-inspired ecosystem has the potential to overcome Metacade, a new GameFi platform, is uncertain. NFTs are a growing sector of blockchain technology, but GameFi has the potential to revolutionize the entire gaming industry on a global scale.
GameFi combines elements from traditional gaming with integrated financial rewards and self-owned digital assets. The sector has grown substantially in the past few years, with early forecasts suggesting that crypto gaming could reach a $40 billion valuation in 2025.
For now, investors are wondering which area of blockchain technology could drive the next crypto bull market: NFTs or GameFi. NFT monkeys are a popular investment choice due to their ability to retain fiat value in suboptimal market conditions. At the same time, Metacade, a metaverse gaming arcade, could be the next 200x opportunity for early crypto investors.
What is ApeCoin (APE)?
ApeCoin is a new Web3 ecosystem that takes its name from Yuga Labs’ NFT monkey collection. These NFT monkeys grew substantially in value during the 2021 bull market and became a top-five collection by market capitalization. The BAYC community is prominent on social media, with many NFT monkeys dotting the comments section across crypto Twitter and beyond.
ApeCoin itself is a project that aims to support a decentralized future where online communities can occupy sections of the metaverse while retaining self-custody over their data and assets. The ApeCoin DAO has been specially designed with a democratic governance structure, with the aim of funding the next wave of metaverse-based innovation.
ApeCoin price prediction 2025: Will APE reach $70?
The APE token burst onto the crypto scene in 2022, reaching a peak of $27.60 just two months after it was released. However, the 2022 bear market saw APE fall 90% before it began to recover, which has left many questioning the bullishness of the ApeCoin price prediction for the future.
Experts are predicting that APE will gain momentum over the coming years, with a 2025 ApeCoin price prediction being over $50. The higher target for the ApeCoin price prediction is $70 – which would be a 15x gain from the current price level.
What is Metacade (MCADE)?
Metacade is the first community-driven arcade built on blockchain. Unlike the ApeCoin price prediction, which factors in APE’s initial bullish run at the beginning of 2022, Metacade is a brand-new project that has major upside potential from this early stage.
The metaverse arcade will become the biggest platform of its kind that can be found anywhere on the blockchain, offering a range of different play-to-earn (P2E) games and a central location for Web3 users to socialize, learn, and earn.
Being community-first, Metacade offers several key features that directly serve the crypto user base. The platform offers vast earning potential that goes beyond playing in its arcade and it will also support blockchain innovators with early-stage funding.
How does MCADE work?
Metacade’s P2E arcade offers both casual and competitive gameplay to blockchain players. Unlike most other GameFi platforms, which offer just one blockchain-based game, Metacade offers a variety of different titles that each have integrated earning mechanics. Gamers can play solo or compete in paid entry tournaments for the chance to win major crypto prizes.
To help the platform become a community hub, Metacade will offer integrated rewards for content creators through its Create2Earn feature. This will give back to the Metacade community for providing value to the ecosystem, whether by posting game reviews, sharing alpha, or interacting with other users directly.
Metacade is creating jobs for Web3 users, as it aims to support those looking for a career blockchain. The Work2Earn mechanic will also connect the community with paid opportunities, which can include beta testing roles for brand-new blockchain games.
Metacade price prediction 2025: Will MCADE reach $5?
Metacade recently announced the beginning of its token presale. While the ApeCoin price prediction is bullish, experts suggest that the MCADE presale is the most promising investment opportunity of the year.
The presale attracted over $4.5m worth of funding in its initial stages and MCADE now looks set to sell out every subsequent investment round as it prepares for lift-off in 2023. By 2025, MCADE is expected to become a leading GameFi project at a $5 valuation – which will be a 250x gain from the end of the presale.
Metacade vs. ApeCoin price prediction: Which is more promising?
While NFT monkeys have been all the rage in the past few years, Metacade looks like it could drive the GameFi revolution directly. The ApeCoin price prediction is promising, but investors would be better off acquiring as many MCADE tokens as possible before the end of the presale.
Metacade is gearing up towards some explosive price action, with early investors anticipating over 200x gains, and the price for MCADE is already rising. MCADE will go from $0.008 to $0.02 during the presale, so investors have a limited time to prepare for Metacade’s future price action.
You can buy Apecoin at eToro here.
You can participate in the Metacade presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
