Crypto Bear Market Is Far From Over
(Originally posted on : Analysis Archives – Best Bitcoin Exchange )
The crypto bear market has been a tough time for investors across Web3. Many are wondering where the bottom of the crypto dip will be, as entering investments at the lowest price level produces the highest rate of return.
These moments are full of high-potential investment opportunities, none more so than Metacade (MCADE). The MCADE presale attracted over $1 million in just three weeks, and it looks set to explode when price action improves during 2023.
A look at the market: Where could the bottom be?
It is unclear exactly when Bitcoin, Ethereum, Polkadot, and other cryptocurrencies will find their lowest price, but it certainly looks to be nearby. Bitcoin has occupied the range between $15,500 and $18,000 for a while after being sharply rejected at the $18,500 resistance level on 14th December 2022.
This rebuff could indicate more downside during the first quarter of 2023, with the $12,000 to $14,000 range as the next target. After this point, prices could improve. These moments are a huge opportunity as these prices look like a great entry position for long-term crypto investors.
What is the best investment during the crypto bear market?
Metacade is, without a doubt, one of the best investments during the crypto bear market. As stated, entering investments at their lowest price level produces the highest return rate. Metacade’s presale is a rare opportunity to get involved with a top crypto project at the ground level.
The MCADE token launched for just $0.008 during the beta phase of the presale. In 3 weeks, Metacade completely sold out and raised $1.12 million in funding. Investors have quickly snapped up MCADE at these prices as the crypto bear market rarely produces such a high-potential investment opportunity.
The price of MCADE will rise to $0.02 by the end of the presale. After this point, the MCADE token will be launched on decentralized exchanges (DEX) and made available to a larger number of investors. As well as this, Metacade will begin to develop a comprehensive play-to-earn (P2E) experience on the Ethereum blockchain and begin to serve gamers worldwide.
Can MCADE reach $1 during 2023?
After selling out during the presale, it is clear that Metacade is in high demand. Expert crypto investors are now extremely bullish on the long-term price action of MCADE, with some suggesting that it could produce 50x returns during 2023.
MCADE’s current price of $0.01 looks extremely undervalued as Metacade has the potential to become one of the biggest GameFi platforms in Web3. After the presale, MCADE is expected to enter price discovery and could breach the $1 mark before the next crypto bull market.
What is Metacade?
Metacade will be the biggest arcade in Web3. The platform will host a range of exciting P2E games that each have endless challenges for gamers to enjoy. Casual and competitive gamers alike can access a range of crypto-earning opportunities as the platform aims to become a central hub for Web3 users from across the world.
GameFi has the potential to revolutionize the entire gaming industry, and Metacade is well-positioned to drive this technological advancement directly. The platform will give more power back to gamers to influence the future of the industry and lend a helping hand to new gaming projects as they grow.
How does it work?
Gamers can choose from a selection of different arcade-style games and earn MCADE tokens while conquering levels and beating their high score. Metacade will also host tournaments where the top-placed gamers can earn major MCADE prizes.
Metacade is community-driven and aims to become a central location for users to find the hottest GameFi alpha. In addition, users will be rewarded with MCADE for contributing to the community, including posting game reviews and sharing useful tips for maximizing the crypto gaming experience.
New gaming platforms will advertise exclusive beta-testing roles, allowing the Metacade community early access before the games officially launch. Beta testers will earn MCADE tokens while providing direct feedback to the development team, which helps to fix bugs and prepare new titles for release.
Metacade is a game-changer
Metacade is an all-in-one gaming platform that aims to drive progress for the entire GameFi sector. The Metagrants program will allow users to vote for the best new blockchain games and provide early-stage funding to support their journey into the market.
Both the Metagrants program and the beta-testing roles offered by Metacade can help expand GameFi, making the project a game-changer. Metacade can boost the overall level of innovation in the crypto space and Web3 users have been quick to invest as a result.
Is MCADE worth buying during the crypto bear market?
The crypto bear market can be difficult, but projects like Metacade are a stark reminder of the long-term potential of crypto and blockchain technology. The MCADE presale looks like a prime investment opportunity, with prices currently as low as $0.01.
The presale is still ongoing, so crypto investors still have a massive opportunity to get involved. However, the price will rise to $0.02 by the end of the presale and could skyrocket after the event, which means there is limited time available to get the maximum rate of return during this crypto bear market.
You can participate in the MCADE presale here.