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Can These Coins Hit $2?
(Originally posted on : Analysis Archives – Best Bitcoin Exchange )
With the crypto bear market of 2022 still fresh in the memory and the first early signs of crypto bear market conditions beginning to ease in early 2023, experts are beginning to release their predictions about which coins are likely to make it big this year into the longer term.
EOS, one of the market’s oldest and longest-established crypto projects, has seen a considerable fall in value since it reached its all-time high (ATH) in 2018. Many analysts offer EOS price predictions showing that some losses could be recovered over the next few years.
The project making a big noise in crypto markets is Metacade, a brand-new and disruptive force in the GameFi industry. With the presale event attracting investors in their droves, this red-hot token looks set for massive gains this year and into 2025.
Metacade could lead the crypto market revival
The launching of the MCADE presale couldn’t have been better timed as crypto bear market conditions began to ease. The excitement surrounding the presale has been generated by Metacade’s outstanding project plans and its aim to put itself at the head of the burgeoning GameFi market over the coming years as the industry explodes in growth.
This momentum has led to Metacade raising an incredible $7.7m in just 14 weeks since the presale launched. With the pace of MCADE tokens selling at an increasing rate, experts predict that the entire presale allocation will sell out in a matter of weeks.
What is Metacade?
Metacade is a new project aiming to build the world’s biggest online arcade offering a community-driven approach across the metaverse’s leading array of GameFi and play-to-earn (P2E) games. In addition to its vast compendium of games that contain integrated P2E mechanics, Metacade has set itself the task of building the leading Web3 gaming community full of enthusiasts and crypto fans.
To this end, Metacade is incentivizing its users to contribute to the building of the community by offering crypto rewards in return for social content. Users can earn passive income each time they contribute a review of a new game, share alpha, offer gaming tips to other players, or participate in live chats or Reddit-style sub-forums on the hub. This is part of their Create2Earn scheme, which sits alongside the P2E capability.
How does MCADE work?
The MCADE coin underpins everything on Metacade’s platform, providing the stimulus for the continuing evolution of the project and the source of rewards that flow into the wallets of its community. This will drive Metacade’s appeal to the casual and more seasoned tournament gamer as the online gaming platform of choice.
MCADE tokens are generated from a wide variety of internal and external sources. The community contributes via the staking mechanism that forms part of the Compete2Earn scheme and by paying to experience one of the best ranges of pay-to-play games on the planet.
One of the most exciting features outlined in Metacade’s exciting white paper is its ground-breaking Metagrants initiative. Aimed at promoting the release of new games exclusively for Metacade, developers can submit game proposals for funding into a pool, which is presented to the Metacade community to vote on which projects receive early-stage funding to support the build process.
The most popular ideas receive a grant which enables the design and creation of exciting new games that the community itself most wants to play. This puts control of Metacade’s future direction in the hands of those that matter most, its membership, while providing essential Web3 development exposure to the most talented developers on the platform.
EOS price prediction: Can it reach $2 by 2025?
It’s no secret that EOS has suffered as much as any currency during the crypto bear market of 2022. Once the darling of crypto promoters in the early days of the crypto revolution, vast swathes of this momentum have been lost. Issues such as banned addresses and ICO fraud settlements with the SEC certainly did EOS few favors.
Experts believe that with the worst now fully behind it, an EOS price prediction for 2023 could see a substantial increase from its current value of $1.04 to $1.54 by the end of the year as crypto bear market conditions continue to ease. By 2025, experts’ EOS price prediction is that the coin could return well beyond the $2 barrier, pushing towards $2.50 by the end of December 2025.
MCADE price prediction: Is $2 achievable in 2025?
Metacade’s price prediction suggests stratospheric growth levels as the project goes live later in 2023 and continues to release upgrades throughout the year. The exciting project plan and high user appeal will likely drive the price of MCADE up, potentially breaking $1 in 2023.
With further feature releases, a continuing release of exciting new titles, a transition into a fully-fledged DAO to come, and the return of bull market conditions, MCADE looks likely to soar beyond $2 by the end of 2025.
Metacade offers the potential for an excellent investment choice
While the EOS price prediction offers the likelihood of some growth between now and 2025 to investors and existing coin holders, it is likely to be moderate, particularly in comparison to MCADE.
MCADE tokens are still available during the presale, currently valued at $0.0155. This value will grow to $0.02 by the end of the event, after which point token holders could find themselves enjoying life-changing surges in the value of their holding.
You can participate in the Metacade presale here.