The crypto bubble appears to have burst after a major downturn in 2022. Terra Luna lost 99% of its value and Sam Bankman-Fried’s FTX defaulted towards the end of the year.
The crypto bubble is now finally deflated and investors are now looking for new cryptocurrencies at market bottoms. Buying low and selling high is the aim of the game, so Metacade (MCADE) – a brand new cryptocurrency – is a prime buying opportunity.
Looking for quick news, hot tips and market analysis? Sign up for the Invezz newsletter today.
Current events & news
The year 2021 was a big crypto bubble. It was a unique bull market that impacted multiple industries and many different assets – whether traditional stocks in the S&P 500, real estate or cryptocurrencies – prices rose and investors made profits.
But all good things must come to an end. Unfortunately, the entire S&P 500 is down over 20% in 2022, with traditional tech stocks like Meta (formerly Facebook) and Tesla each plummeting over 70%. The crypto bubble also burst, with Bitcoin suffering a 75% plunge and many altcoins losing 90% of their value.
For investors who were overexposed during the crypto bubble (such as Sam Bankman-Fried), falling prices wreaked havoc. Assets bought near the top may take a while to regain their previous price levels, which could leave many investors underwater for the foreseeable future.
However, new cryptocurrencies like Metacade could provide a lifeline during the bear market. Any exposure to brand new assets can generate gains from offsetting. The MCADE presale represents a rare and lucrative opportunity to buy a high-potential new cryptocurrency in its earliest stages.
What is Metacade?
Metacade is a brand new cryptocurrency and the first community-driven arcade. It will be the largest platform of its kind found anywhere on the blockchain, offering players extensive opportunities to earn crypto while advancing through endless levels in some classic arcade games.
The platform will also become a social hub for the broader Web3 community. Users can access the latest information on Crypto’s GameFi sector, including tips on how to get the most out of the gaming experience and all the hottest trends in the space.
Metacade has an advanced incentive system that encourages community participation. In addition to offering play-to-earn rewards in every game found in the Metacade, users can earn crypto income through several features unique to the platform.
How does it work?
Metacade’s Play-to-Earn arcade offers casual and competitive gameplay. Players can progress through the levels while trying to beat their high score, and the platform will also host paid-entry tournaments via its Compete2Earn feature.
Create2Earn will encourage the community to create content for other users. Players can earn MCADE tokens by posting game reviews, sharing alpha, or simply interacting with other community members.
Additionally, Metacade will provide a platform for Web3 users to boost their careers in crypto. Both new and existing cryptocurrency projects will post vacancies on the Metacade, allowing users to apply for part-time or full-time positions beginning in 2024.
Metacade is driven entirely by its community and aspires to become a decentralized autonomous organization (DAO) over time. The platform will gradually transition into a new governance structure where users will be given key roles at the top of the platform to drive their progress into the future.
Metacade is a game changer
While Metacade’s features are designed specifically for the Web3 community, the project also aims to increase GameFi’s overall level of innovation. One way Metacade will accomplish this is by connecting new games to a community of players who can find bugs and suggest improvements before the game is released.
In addition, the Metagrant program is designed to expand the level of innovation within the Metacade itself. The community will vote to provide early-stage investments for new games to support innovation and continually fuel progression in the Metacade.
Could MCADE reach $1 in 2023?
After the pre-sale was recently announced, Metacade successfully sold all 297,500,000 tokens made available in the beta and first phases. The presale has generated a lot of excitement from Web3 users, and tokens continue to sell fast as Metacade races through its presale.
Experts suggest that the MCADE token could skyrocket during the next crypto bubble. Next, MCADE will have its IDO, and Metacade will soon start offering a range of P2E games to its users. By the end of 2023, MCADE could be up 50x in value, with $1 a key price target for pre-sale investors.
Is MCADE worth buying?
The MCADE presale is certainly a worthwhile addition to any investment portfolio. New cryptocurrencies often make big gains during crypto bubbles, so buying them while the token price is low is beneficial.
At the current price of $0.012, pre-order investors can expect substantial returns for years to come. The previous crypto bubble may have burst in 2022, but bear markets don’t last forever. Brand new cryptocurrency MCADE could prove to be one of the biggest gainers as the market inevitably recovers.
You can participate in the MCADE pre-sale here.