As investors finally feel that the bottom of the bear market is coming, it is clear that accurate crypto market forecasts are essential for making profitable investment decisions.
With that in mind, let’s take a look at why Metacade, Solana, and Avalanche hold incredible potential for next year and beyond.
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What is Metacade?
Metacade is a platform that caters to the needs of gamers and crypto enthusiasts, giving them a space to connect, play and be rewarded for contributing to the community.
The Web3 gaming area is being traded as a major focus for the future development of the scene and is mentioned in many crypto market forecasts on the scene. This may not come as a surprise given that the platform offers clear opportunities for tight integration of gaming, monetization and development.
Metacade offers a wide range of features; Plans for the platform include a massive arcade where players will be rewarded for playing their favorite games. The project also offers rewards for community contributions, such as B. Game reviews that motivate users to collaborate. Users can also take advantage of competitive games and earn MCADE tokens as prizes that can even be wagered to generate passive income.
There is also a plan for “Metagrants” that will allow game developers to showcase their projects to the community, with token holders able to vote on which projects should receive support. This will ensure that a wide range of player-supported titles will be released exclusively on the platform and that there will be close integration between players and developers in the community.
This long list of potential revenue streams and the assurance of a Certik exam make Metacade an attractive option for investors looking to enter a next generation business.
How does Metacade work?
The Metacade ecosystem uses the MCADE management and utility token across the platform. With such a diverse offering, with a new set of value-added features, MCADE will play a key role, e.g. B. for access to the pay-to-play arcade. The MCADE token can serve as a medium of exchange for contest and game access, as well as other revenue streams such as merchandise or advertising.
MCADE is also a powerful governance token, as its role in Metagrants gives holders a clear say in decision-making. MCADE tokens can also be hedged, allowing holders to generate passive income by supporting the project.
MCADE Price Prediction General
By launching the MCADE token on the Ethereum (ETH) network, Metacade benefits from all the security and cost advantages that come with it. Because the token is so widely used in the Metacade ecosystem—in the arcade, in contests and tournaments, and for administration—the price is likely to increase as adoption increases.
Along with an aggressive roadmap focused on realistic results, MCADE’s price is likely to rise significantly in 2023. Due to the project’s momentum, which can already be observed in the pre-sale phase, the price target of $0.02 could be reached in the first quarter. Most forecasts suggest that by 2025, MCADE could surpass Axie Infinity’s ( AXS ) 2021 market cap of $10 billion, leaving MCADE’s value at $5 per share. token before the scheduled tokens -Burns take place.
Solana Price Prediction General
Solana continues to benefit from a passionate community, although in 2022 the project was hit by a series of issues that led to a decline in developers working on the chain. In addition to the recent pricing and technical problems that led to several shutdowns, the project has also lost credibility due to its ties to disgraced FTX founder Sam Bankman-Fried.
With that in mind, and compared to the progress of other Layer 1 protocols, 2023 is likely to be a year in which Solana is more likely to maintain its current price than make significant gains. If the project can consolidate its market share, a realistic target of $50 can be reached by 2025.
Avalanche Price Prediction General
Avalanche is another Layer 1 project with a dedicated following, launched in 2020 to provide improved scalability and speed, as well as a secure and efficient platform for decentralized applications (dApps).
Avalanche boasts backing from companies like Coinbase Ventures, although the downside for new investors is that not only are there a large number of owners who want to sell at the right time, but the project is already very well known.
Given the current state of Avalanche and the recent decline in usage, AVAX’s price may develop similar to Solana’s, with a 20-30% price increase in 2023 considered a good performance. If all goes well for the platform, $80-100 could be achievable by 2025.
Metacade – Ready for a price explosion
Solana and Avalanche have shown that they are likely to stay and therefore SOL and AVAX prices will likely continue to rise slowly as the overall crypto market cap increases and the projects gain more acceptance. This is also supported by the general consensus of many crypto market forecasts.
But because Metacade still has such a small market cap, it offers incredible upside potential for investors who jump in early in pre-sales. Considering the project has earned $1.5 million in just five weeks, it wouldn’t be a surprise if the project achieves a significantly higher market cap in the near future as it enters Phase 1 of pre-sales.
You can use SOL and AVAX here buy on eToro.
You can go to the Metacade ticket office here take part.