The crypto market crash might finally have found its floor, as leading metaverse projects have begun bouncing back from their lowest price levels. For long-term investors, this could be the start of a great entry position – but what is the best metaverse project to buy right now?
Is the crypto market crash really over?
After a major crypto market crash in 2022, which saw many altcoins lose over 90% of their value, the markets have started to recover. Bitcoin increased by almost 17% in the first 2 weeks of 2023, with leading metaverse projects following suit and posting significant gains themselves.
The Sandbox (SAND) rose over 50%, Decentraland (MANA) climbed 60%, and Metacade (MCADE) has now raised over $5.4m since the start of its token presale. Metaverse projects look likely to be some of the biggest gainers after the crypto market crash, which could now well be over.
The bullish movements from major tokens after the crypto market crash are promising, with experts suggesting that it could be the beginning of a long-term trend reversal. However, price action needs to hold above support for prices to continue gaining momentum, otherwise, this could just be another bear market rally.
It certainly looks as though the worst of the crypto market crash is now in the past, however, which means that the beginning of 2023 is a great time to buy into high-potential cryptocurrencies for the long term. Metaverse projects are some of the best options currently, and the Metacade presale in particular looks like a fantastic opening into the future of the GameFi sector.
The MCADE token presale sold out rapidly during its beta phase, with 140 million MCADE tokens being snapped up in just over 3 weeks. Since then, Metacade has continued to attract a significant level of investment from the crypto community, currently sitting at a massive $5.4m to date.
With the high long-term potential to become a key project behind the play-to-earn revolution, alongside a hugely attractive price entry, it’s no surprise that Metacade continues to be popular among investors. The presale could be one of the best buys of 2023, with experts predicting explosive price action for the new token throughout the rest of the year.
Can MCADE reach $1 in 2023?
The Metacade platform itself will be launched in 2023, as it begins offering extensive earning opportunities to its growing community of gamers. The MCADE token will also be launched on decentralized and centralized exchanges, which will further boost the project’s reach, and potentially slingshot demand for the MCADE token.
By the end of 2023, MCADE could be worth $1 – a 50x price rise after the presale. Early participants have a unique chance to get involved in an industry-leading GameFi platform before it takes off, which means that exceptional gains can be expected in 2023 and beyond.
Metacade will become the biggest arcade in Web3, offering a suite of social features alongside a wide range of play-to-earn games. The platform will incorporate advanced earning mechanics that go beyond just a metaverse arcade, as it aims to become a central location for the entire Web3 community to meet up, network, learn, and earn.
How does it all work?
The play-to-earn arcade will offer a broad selection of different games, which is the key difference between Metacade and other GameFi platforms. Gamers will be able to play for as long as they want, earning cryptocurrency rewards for progressing through infinite levels in some of the most addictive arcade games to be found online.
The arcade will also host Compete2Earn tournaments, in which gamers can go head-to-head for the chance to win MCADE tokens. These tournaments will be the perfect opportunity for gamers to test out their skills against players from all over the world, with the victors winning lucrative prizes.
Not only will the metaverse project host a vast selection of different play-to-earn games, but it will also display the latest information about the blockchain gaming space. Users can earn MCADE tokens in return for sharing their insights, posting game reviews, and contributing to the platform in a number of ways.
Metacade is a comprehensive GameFi platform that can drive progress for the play-to-earn metaverse movement. The project will create jobs for crypto enthusiasts through its Work2Earn feature and fund the next wave of blockchain innovation directly through its Metagrants program. Metagrants are a source of funding for game developers to build games on the platform.
These features of the metaverse arcade will directly expand the overall rate of progress for blockchain-based gaming, helping to bring passionate workers into the space as well as providing financial support for developers who are integral to the future of the industry.
Is MCADE worth buying?
The MCADE presale could be the best investment opportunity after the crypto market crash. The metaverse project is showing huge promise for the future, and it is currently priced at just $0.013 per token.
It could be the next 100x metaverse project as prices recover from the crypto market crash, making it a solid addition to any investment portfolio. Make sure to get involved quickly, because the price of MCADE will rise to $0.02 before the end of the presale event.
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.