Axie Infinity and Decentraland are well-known projects in the Web3 space. As good as they look right now, there’s mounting evidence that Metacade (MCADE) is likely to trump both coins in future.
The 2023 price prediction for Metacade looks extremely promising but the proof is in the pudding, so let’s dive into the details of each project to gain a more in-depth understanding of why so many investors’ bets are on Metacade.
Axie Infinity Price Prediction 2023
Axie Infinity (AXS) is the gaming ecosystem that really brought P2E gaming to life. In fact, some residents in the Philippines made so much money on the platform that the government brought in tax legislation just to regulate it!
With this in mind, you might think that the 2023 price prediction for Axie Infinity’s coin AXS would be more lucrative but there are a few reasons this might not be the case. For one, Axie Infinity recently suffered a $600 million hack on its Ronin network. Moreover, the network has already seen its largest upsurge and might be a little overpriced at the moment.
Since Axie Infinity came to prominence, a number of other gaming ecosystems have come to the fore and so competition has only increased. While Axie Infinity definitely isn’t going anywhere as an established gaming ecosystem, its price prediction for 2023 may not be as promising compared to others.
The AXS price is currently at $9.72. In November 2021, it reached a price of $160.
Decentraland Price Prediction 2023
Decentraland is a VR platform built on the Ethereum network where you can buy plots of virtual land. By bringing real estate to the metaverse, there are now loads of ways to monetize plots of land in this part of the metaverse. In fact, one plot even sold for 2,000,000 MANA ($175,578) in March 2018. That’s no small amount for an NFT denoting land ownership. It shows that people are prepared to pay serious sums of money for NFTs and Web3 products. And all of this is happening via the native coin MANA.
The price of MANA is currently sitting at about $0.63. The Decentraland price prediction for 2023 is unknown given that the hype surrounding land ownership in the metaverse has died down considerably. The MANA token value may rise again due to its correlation with a rising cryptocurrency market.
There are multiple places you can go to find plots of land like this. Specifically, the setup is somewhat comparable to the ‘Axies’ found on the Axie Infinity P2E ecosystem as they’re both collectable NFTs.
Many of these projects do well for a while but prove unsustainable over longer timespans. Usually, this is because they don’t provide real value to their user bases or give people something they’re really interested in. On top of that, the crypto boom of 2022 saw a whole host of ‘NFT flippers’ who set up shop to make a quick buck and then got out.
At the end of the day, only platforms that provide long-term value to a genuine marketplace will survive over the long term. With a whole array of games on offer, Metacade is made to last.
What is Metacade?
Metacade’s goal is to provide the most fun and active virtual space for people who share common interests in games and Web3 culture. At the same time, it’s also creating the world’s first community-developed play-to-earn crypto arcade. This sets it apart from other projects by having a whole host of games on a single platform.
One of the other major aspects of Metacade is creating games and designing space according to what the users enjoy. The community is directly involved with game development by voting on which projects get funding. Through Metacade, it’s also possible to connect with other entrepreneurs, game developers, and crypto investors who share your interests. Users can collaborate over common goals like creating games and continuing to develop the Metacade community.
How Metacade Works
With the platform, users can see which games are trending, view leaderboards, publish game reviews and gain access to the most advanced GameFi alpha. You’ll also be able to interact with other members in real-time to vote on the best upcoming games. At the heart of the Metacade platform is its native coin, MCADE. Users can earn it in prize draws, playing in tournaments and even just leaving reviews. On top of that, they can use MCADE in governance votes which determine what projects the Metacade will host and support.
Taking all of that into account, MCADE is set to skyrocket in value as Web3 keeps gaining steam and Metacade becomes a hot spot for online gaming.
For 2023, Metacade has the Best Investment Profile
Looking at things from a macro view, Metacade has the best investment profile of all these projects. The main reason is that the project is still in its presale stage. The MCADE price for 2023 is likely to shoot upward after the presale event. The Metacade price prediction for 2023 could be higher than the majority of the competition.
Decentraland and Axie Infinity have both already seen their price surge and fall back down. This is why the Metacade price prediction for 2023 is superior since it’s in the early stages and the most growth is typically seen in the early investment stages.
On top of that, Metacade is something that is made to last with a value-adding long-term plan. With its complete gaming ecosystem where players can go to find Web3 games, Metacade is highly attractive to Web3 gamers and investors alike.
Metacade Price Prediction 2023
It’s not possible to make an accurate Metacade price prediction for 2023 because it’s currently in the presale stage. However, it’s a fair bet to say that it could prove an exceptional investment due to its solid project offering with a primed target audience eager to participate in Web3.
Gaming is an incredibly lucrative industry and players seem to have lost interest in both Decentraland and Axie Infinity as compared to previous years. They need somewhere to go and this online gaming locale could quite easily be Metacade.
While many projects have exciting profiles for 2023, Metacade is likely to be the best of the bunch. With that in mind, now is the opportunity to get in on MCADE.
You can participate in the Metacade pre-sale here.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.