2022 was a notoriously tricky year across crypto markets, with bear market conditions sweeping across the board following the collapse of big names like Luna and FTX and toughening global economic conditions. These struggles have impacted price predictions of most established cryptocurrencies, including Litecoin.
Some newer crypto projects have proven immune to the bearish market, with Metacade a prime example of a brand-new offering gaining serious momentum during its presale event. With bull market conditions expected to return in the coming months and years, investing in MCADE tokens could be one of the most profitable moves investors make this year.
Here’s what you need to know to make a sensible choice and make money in 2023.
What is Metacade?
Metacade will be a brand-new blockchain-based gaming platform aiming to revolutionize the play-to-earn (P2E) gaming landscape and push the industry to greater heights. Creating a community of like-minded gaming enthusiasts and crypto fans, Metacade is positioning itself as the one-stop online shop for crypto gamers to enjoy classic arcade titles alongside cutting-edge Web3-developed games, all while benefiting from the platform’s unrivaled P2E mechanics.
Community is at the forefront of Metacade’s drive to become a market leader in the GameFi space, and it is offering MCADE token holders incentives to contribute to its foundation. Every time a user posts social content such as a game review, alpha, tips on how to progress through a certain level, or during a live chat on the hub, Metacade rewards them with crypto.
Meanwhile, another central pillar of Metacade’s diverse roadmap to becoming the GameFi platform of choice for all crypto gaming fans is the innovative Metagrants scheme. Developers can apply for a Metagrant, a form of funding, to support the creation of new games exclusively for Metacade. Each application is pooled and voted on by MCADE token holders.
These voting rights form part of Metacade’s devolution of power from the project team to the members through their transition to a fully-fledged DAO by 2024, giving the community complete autonomy over deciding which games go into production by voting on the pool of ideas and selecting their favorites. The submissions that get the most votes go into production and begin to hit the virtual arcade in Q1 2024.
This, along with several other exciting features that allow users to earn as they use the platform, such as the Compete2Earn and Work2Earn programs, look set to push Metacade and the broader Web3 gaming markets forward, making Metacade one of the most exciting new crypto projects in the years to follow.
MCADE price prediction
Metacade’s reputation as one of the most exciting crypto projects of 2023 is further cemented by the performance of its presale event. The early phases launched at $0.008, raising more than $5 million in the first 10 weeks. The total investment now stands at $7m as it continues to accelerate.
Market experts forecast that this enthusiastic scramble for MCADE will only increase once the presale ends, and as the token hits decentralized exchanges. While initially set at $0.02, price predictions for MCADE forecast that it will rise quickly, hitting $0.30 within weeks of its public release and potentially breaking the $1 by the end of this year.
With the GameFi market projected to grow by 70% year-on-year between 2023 and 2027, there is vast space for MCADE to grow, with $2 by 2025 looking like a realistic prospect during the next bull market.
What is Litecoin?
Litecoin is one of the first cryptocurrencies created, following hot on the coattails of Bitcoin, when founded in 2011 by Charlie Lee, a former Google employee. Based on the original Bitcoin coding, Lee and his project team enhanced the base code to improve its everyday useability. The result was a platform that provided cheaper and faster transactions than Bitcoin and Ethereum were able to produce.
Litecoin was also significantly more accessible to mine than Bitcoin, and it has become a standard cheap, accessible mining coin widely adopted by blockchain miners. Small businesses, meanwhile, have also turned to Litecoin’s affordable, quick and scalable solutions – as a quick and easy way to conduct smaller transactions with individuals and small businesses.
Unlike larger blockchain providers, Litecoin uses a public ledger to record transactions, removing the need for a central governing body. This allows anonymity during transactions and eliminates the ability of central bodies to enable censorship.
Litecoin price prediction
LTC has not been immune to the bear market conditions of 2022, suffering in the same way as most other long-established cryptocurrencies. With an expected easing of market conditions later in 2023 and an approaching bull market in 2025, Litecoin price predictions remain moderate.
LTC is currently trading at $89.68, significantly lower than its all-time high (ATH) of $412.96. LTC price predictions suggest that LTC could reach around $123 by the end of 2023, offering anyone investing in LTC today moderate returns compared to those provided by MCADE. Longer-term price predictions for LTC are that it will reach around $267 by 2025, still well short of its ATH.
Why Metacade is the hottest crypto investment in 2023
Metacade’s native MCADE token is shaping up to be one of the best crypto investment opportunities of 2023, as the platform’s enormous long-term potential and wide-ranging project roadmap offer a depth which is rare in competing GameFi projects.
Bullish investors searching for huge gains should make MCADE the next addition to their crypto wallet and take advantage of the low prices available during the presale. Purchasing now at $0.014 could produce handsome returns by the end of this year and far beyond as bull market conditions return, making this an exceptional opportunity to engage in while it’s still available.
You can participate in the Metacade presale here.