2022-12-7 13:53 |
2022 has been a rough year for crypto. But there’s reason to believe that the worst is behind us and that 2023 could be a year for explosive growth. It, therefore, stands to reason that now would be the best time to start making your investments.
Two of the top crypto investments for 2023 are Metacade (MCADE) and Solana (SOL). Here is a Solana price prediction alongside a Metacade price prediction below to help you get a better sense of just how good these investment opportunities could be.
What is Metacade?Metacade is gearing up to become the Web3 community-centric arcade of the future. It’s a place where users from all backgrounds and a range of goals can come together to get into the latest and greatest central hub surrounding GameFi and P2E projects – even earning at the same time! By presenting its platform as a virtual arcade in the metaverse, Metacade aims to appeal to a massive range of users – not only gamers but also investors and developers.
Gamers are going to love the lineup of P2E titles coming their way, as well as the rewards available to them through Metacade. They’re being offered incentives to promote collaboration on the platform – receiving MCADE tokens for writing reviews or simply sharing tips on P2E with the rest of the community. There’ll also be competitive tournaments, playing with friends, and more.
Developers on Metacade will gain crucial access to a dedicated audience of gamers, who are itching to provide input and help contribute to the development cycle of new titles. Whether it’s listening to gamers’ ideas for improving their games, all the way to direct recruitment for playtesting – the platform has something ready for both sides of the deal.
Passive investors are welcome on the platform too with holders of the MCADE token being able to get on and stake their tokens to earn more.
In the future, Metacade also intends to become an emerging Web3 job marketplace. Job-seekers and employers will be able to use the platform in the future to connect with one another and establish mutually-beneficial partnerships.
How Does Metacade Work?At its core, Metacade is a community-driven platform, placing its users first and foremost in its current design and future intentions. Fostering a sense of community is vital for Metacade’s success and, whether that involves helping its users connect with each other through discussion or offering inviting environments where knowledge can be openly shared, the community remains the top priority.
Metacade is powered by the MCADE token. Earned through P2E gaming sessions, from writing reviews on games on the platform, winning prizes, and sharing with the community, there are numerous ways to get hold of it once on the platform. MCADE also has numerous use cases: it can be used for entering tournaments and prize draws, accessing pay-to-play games at the arcade, transferring value between players and, of course, staking for passive investors, who can earn a steady flow of income from the project.
The gaming titles at Metacade are central to its success and the development team has created an ingenious system called Metagrants to help keep games fresh. These are a source of funding which can be granted to develop new P2E titles on the platform. Metacade allows its community to vote on which titles they feel are most worthy of receiving Metagrants, ensuring that the arcade remains full of exciting, gamer-endorsed experiences as it moves forward.
With so much intrinsic value built into its MCADE token, it’s certain that as Metacade grows, the value of MCADE is set to rise correspondingly in no small part thanks to its fantastic range of use cases.
Metacade Price PredictionNow that we know what Metacade is and how it works, let’s look at our MCADE price prediction. It’s estimated that MCADE will be worth $0.40 per token by the end of 2023 – a 20x increase from the end of the presale price of $0.020/token. To put that in perspective, a $1000 investment at the beginning could net $20,000 by the end of 2023!
That may seem like a bold prediction but it’s actually rather conservative.
Experts have predicted a $0.56 MCADE price by considering the price action of the top metaverse projects in the past. The most dominant metaverse projects had valuations of over $5 billion at their peaks. But even second-tier projects had valuations of several billion.
Our price prediction for Metacade would leave it with a valuation of about $780 million. That’s entirely realistic when you consider what metaverse projects did during the last bull run and how Metacade stands out from every other project in its niche.
What is Solana?Solana (SOL) is a smart contract platform that emerged as one of the premier competitors to Ethereum during the last market cycle. It’s fast, low-cost, and has an emerging ecosystem for DeFi, NFTs, and GameFi projects.
Solana Price PredictionThe Solana (SOL) price prediction for 2023 is $350. That represents a roughly 10x investment from the time of writing, which is quite good but nowhere near the scale of returns that Metacade could receive.
The reason for this number is that Solana reached a market cap of roughly $75 billion at its peak. When the crypto bull market returns, it’s likely to reach that figure again and potentially expand beyond it.
The thing to keep in mind is that Solana still has several hundred million SOL in emissions coming up over the next 1-2 years. Those emissions will likely act as downward pressure on SOL’s price and could keep it from seeing truly massive gains next cycle.
Still, a 10x investment is nothing to scoff at, and there’s always a chance that Solana could increase even more than that next cycle.
Metacade – The Brightest-looking for the FutureIf you have to choose just one of these two investments for the next year, then Metacade looks like the option with the most upside. It’s starting at a much lower market cap than Solana, which means it’ll be much easier to increase MCADE’s price.
Metacade is also addressing the metaverse and GameFi markets in a unique way that no other projects are doing. It has an extremely large total addressable market and could quickly emerge as one of the most exciting metaverse projects of 2023 and beyond.
Solana should see some solid increases during the next bull run as well. But given its already high market cap and upcoming token emissions, it’s unlikely that SOL will outpace MCADE moving forward.
You can participate in the Metacade pre-sale here.
The post Metacade (MCADE) and Solana (SOL) Price Prediction: Two Secure Investments for 2023 appeared first on Invezz.
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