Could New Metaverse Token, Metacade (MCADE), 10x Its Value in 2023?

With the metaverse expected to transform our everyday lives, becoming an early investor could be one of the most profitable moves you could ever make. One of the best ways to expose yourself to the growth of the metaverse is investing in new metaverse tokens, like Metacade.

In this article, we will discuss what this new metaverse token has going for it, and whether its native token, MCADE, could deliver 10x returns in 2023.

What is Metacade (MCADE)?

To understand why Metacade could 10x its value in 2023 as one of the hottest new metaverse tokens, we first need to discuss what Metacade actually is. Metacade is Web3’s premier destination for everything GameFi and the metaverse. It’s a space for like-minded gamers, crypto fanatics, and developers to link up and make the most out of the rapidly-growing GameFi industry.

Part of Metacade’s goal is to make Play2Earn and metaverse gaming accessible to all. To do this, it’s rewarding players with the MCADE token each time they post reviews, alpha, and writeups that help another player out, turning Metacade into the ultimate destination to learn about and immerse yourself in the world of GameFi.

Metacade is packed full of features that are likely to draw in a significant crowd of varied users. On the platform, you’ll find tournaments, prize draws, live chats, and even testing opportunities to work and earn with some of the community’s game developers. 

One feature that’s almost sure to attract some attention is the launch of Metagrants, which allow the community to vote for and finance games in a competition-based arena. Metacade’s plan is to issue dozens of these Metagrants to fund the next wave of the best Play2Earn titles, with each one hosted in its virtual arcade.

Now that we know what Metacade is, let’s consider whether this new metaverse token could deliver 10x gains in 2023.

The Case For MCADE Increasing Tenfold In 2023

Tokens typically see large price rises following a particular catalyst: a flood of users, a new announcement, or a significant partnership, for instance. What could be the catalyst in Metacade’s case? Well, it’s likely to be plenty of new players logging on and picking up MCADE tokens as the GameFi market balloons at 10x the rate of traditional gaming by 2025 (Crypto.com).

To determine whether this new metaverse token could 10x, we need to start by evaluating its market cap. At the end of the MCADE presale, tokens will be worth $0.020 each. With 1.4 billion tokens circulating, we have a launch market cap of $28 million. If Metacade’s value increases tenfold, so will its market cap, to $280 million. 

When you consider that top new metaverse tokens like The Sandbox and Decentraland reached $6.5 and $7 billion at their respective peaks, $280 million seems easily attainable for Metacade in 2023, especially in an upcoming bull market where GameFi is set to dominate.

So could Metacade even be worth $2.00, going 100x in the process? Its market cap would need to be $2.8 billion for that to occur, which is not implausible compared to the growth The Sandbox and Decentraland saw in 2021. 

Consider that, according to Crypto.com, the GameFi market is expected to be worth $50 billion by 2025. If  Metacade’s vision unfolds as planned, then a $2.8 billion valuation is definitely within reach.

Metacade Has the Greatest Potential of All New Metaverse Tokens

Given Metacade’s plans to be a key player in the GameFi and metaverse space, it’s positioned to see mass user adoption as both of these industries grow exponentially. We’ve already seen how successful new metaverse tokens like The Sandbox and Decentraland can be, and if Metacade can come anywhere near their valuations, those who bought in presale could easily earn 10x their initial investment.

You can participate in the Metacade pre-sale here.

The post Could New Metaverse Token, Metacade (MCADE), 10x Its Value in 2023? appeared first on CoinJournal.

Top cryptos to buy in December

Cryptocurrency prices ended November in an upbeat tone after the upbeat statement by Jerome Powell, the Federal Reserve chair. In it, he hinted that the Federal Reserve will hike interest rates at a slower pace when it meets in December. As a result, Bitcoin climbed to $17,000 while the total market cap of all coins jumped to over $859 billion. Here are the top cryptos to buy in December.

GMX

The collapse of centralized companies like FTX, Voyager Digital, Celsius, and BlockFi has led to higher demand for decentralized projects. Most analysts believe that DEX will win against CEX because of their on-chain transparency and decentralization.

GMX is one of the fastest-growing companies in the decentralized industry. It is a decentralized perpetual exchange that makes it possible for people to trade BTC, ETH, and other top cryptocurrencies with 50x leverage. It exists on the Avalanche and Arbitrum chains and has over 173k users. According to its website, it has handled over $88 billion worth of cryptocurrencies in the past few years. 

GMX is the governance token for the network. Unlike FTT, holders of the coin receive 30% of all fees generated on its platform. GLP, on the other hand, is the liquidity provider token that accrues 70% of all fees.

GMX price will likely continue rising in December as investors focus on the growth of the decentralized exchange industry. 

How to buy GMX

Solana

Solana price had a terrible performance in November because of its exposure to FTX and Alameda Research. The two companies held SOL coins worth millions of dollars. As a result, its price crashed hard as investors dumped the coin. The two entities also held vast resources in Serum’s SRM and Bonfida’s FIDA.

Solana price also dropped as investors exited its DeFi ecosystem. The total value locked (TVL) in Solana crashed to below $500 million. At its peak, it had a TVL of over $10 billion. Still, there is a likelihood that Solana will rebound in December. For one, its NFT ecosystem has been doing well in the past few weeks.

How to buy Solana

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy SOL with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy SOL with OKX today

MATIC

Polygon is a leading layer-2 network that helps developers solve some of the challenges in Ethereum. It has been used widely by some of the biggest blockchains in the world like Aave, Uniswap, and Balancer. In total, Polygon has seen the total value locked (TVL) collapse from over $12 billion to about $1.2 billion.  

MATIC is a good buy in December ahead of the resilience of its ecosystem and the ongoing developments. It has also formed an inverted head and shoulders pattern, which could see its price resume the bullish trend.

How to buy Polygon

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy MATIC with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy MATIC with OKX today

The post Top cryptos to buy in December appeared first on CoinJournal.

Will UNI rally higher after Uniswap launches NFTs on its network?

  • UNI is up by less than 1% in the last 24 hours but could rally higher before the end of the day. 

  • Uniswap announced a few hours ago that NFTs are officially live on its network. 

  • The total crypto market is slowly inching closer to the $900 billion mark. 

NFTs are now live on the Uniswap network

UNI, the native token of the Uniswap decentralised exchange, is up by less than 1% in the last 24 hours. It is underperforming against the broader crypto market but could rally higher over the next few hours.

The positive performance comes a few hours after Uniswap announced that nonfungible tokens (NFTs) are officially live on its network.

Uniswap revealed that its users can now trade NFTs across major marketplaces to find more listings and better prices. At launch, Uniswap said it would support the major NFT marketplaces, including OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX.

At press time, the price of Uniswap stands at $5.763 per coin. UNI is underperforming compared to the broader crypto market. The total crypto market cap stands at $860 billion, up by 1% today.

Bitcoin is also up by more than 1% in the last 24 hours and roughly 3% so far this week. The price of Bitcoin stands at $17,105 and could rally toward $17,500 over the next few hours.

Key levels to watch

The UNI/USD 4-hour chart is bullish, as Uniswap has been performing well over the last 24 hours. The technical indicators show that UNI could be ready for a breakout soon.

The 14-day RSI of 69 shows that UNI could enter the overbought region if the bulls could embark on a massive run in the coming hours or days. The MACD line is above the neutral zone, indicating bullish momentum.

If the bullish momentum continues, UNI could surge past the first major resistance level at $6.097 before the end of the day. In the event of an extended rally, UNI could test the $6.457 resistance level soon. 

Where to buy UNI now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy UNI with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy UNI with OKX today

The post Will UNI rally higher after Uniswap launches NFTs on its network? appeared first on CoinJournal.

The 7 Best Play-To-Earn Games For 2022

Play-to-earn gaming is a revolution set to shake up the gaming industry for good. Instead of players buying in-game items they can never actually own, play-to-earn puts ownership front and center, allowing gamers to profit directly from the games they play. 

If you’re searching for the best play-to-earn games, we’ve got your back. In this article, we’ve listed seven of the best P2E games that are leading the way in the future of gaming. Let’s dive right in.

1. Metacade (MCADE) – the Place for Discovering the Best P2E Games

Metacade is a community hub for discovering, earning more from, and influencing the world of play-to-earn games. It’s a platform that aims to be the number one destination in Web3 for players, crypto fanatics, developers, and entrepreneurs to find their part in the play-to-earn revolution. 

While it’s not a play-to-earn game itself, Metacade has big plans to direct the future of play-to-earn as GameFi’s central platform. Part of this plan is in turning Metacade into the ultimate repository for finding the best play-to-earn games, and learning how to maximise your income from play-to-earn gaming. To do this, Metacade incentivises its users to share reviews, alpha, and other useful content with the MCADE token. That’s right – you can get paid for simply sharing your thoughts and expertise with the community.

That’s not the only way you can get paid with Metacade, however. You can participate in exclusive tournaments and test games for Metacade’s developer community to earn a little extra on the side. But perhaps the feature with the greatest impact on your income will be the launch of Metacade’s job board in 2024. This will allow gamers to find part-time testing opportunities, internships, and even salaried positions working with some of the best metaverse games. 

One feature that could propel Metacade to industry-leading status is Metagrants, a way for the community to fund the best play-to-earn games they want to see developed. Metagrants will see game developers going up against dozens of other competing ideas for the Metacade community to vote on. 

The winning developers receive life-changing funding to build their vision alongside their games’ most avid fans, adding their game to Metacade’s virtual arcade. One day, Metacade plans for this arcade to be filled with dozens of the best, community-chosen P2E games.

Ultimately, Metacade’s main objective is putting gaming back into the hands of the players. As you’ll see, play-to-earn gaming has enormous potential, already drawing hundreds of thousands of players that keep coming back for more. With Metacade’s plans to generate some of the best play-to-earn games the industry will ever see, it’s coming first on our list. Keep your eye on Metacade; it could easily be a game-changer.

>>> You can participate in the Metacade pre-sale here <<<

2. The Sandbox (SAND)

The Sandbox is one of the best play-to-earn games on the market today. It’s a 3D virtual world broken up into 166,464 parcels of land, represented by the LAND NFT, that can be used to build whatever the owner can imagine, like social hubs, games, or immersive experiences. Every creation is stored on the blockchain as an NFT, giving players true ownership over whatever they build. For example, unique objects made in VoxEdit are immortalised as ASSETs, enabling them to be traded for SAND tokens or used in the Game Maker.

The Game Maker is one of The Sandbox’s most powerful features. It allows anyone, regardless of their coding or development experience, to build interactive games that can be monetised with the SAND token. This has led to incredible games and experiences created inside The Sandbox’s metaverse, like Dracula’s Castle, The Walking Dead: Stay Alive, and WMG Land, an immersive theme park built by Warner Music Group. 

Given the potential of The Sandbox to allow users to monetise their creations while exploring the games and experiences built by others, it’s our second choice as one of the best play-to-earn games.

3. Axie Infinity (SLP/AXS)

Axie Infinity is a prime example of one of the best P2E games. It’s a game built around collecting, breeding, and battling cute monsters named Axies. By winning battles, completing quests, and exploring the World of Lunacia, players can earn Smooth Love Potion (SLP) and Axie Infinity Shards (AXS) – a cryptocurrency that can be sold for fiat.

Axies can also be traded on the Axie Infinity Marketplace for profit, either by investing in Axies to sell on later or by breeding your own Axies to spawn new ones. As Axies have a set of unique attributes, some are rarer than others, with the rarest selling for hundreds of thousands of dollars.

As Axie Infinity runs on both Ethereum and the Ronin sidechain, transacting on the marketplace comes with virtually no fees. Combined with the earnings made by simply playing the game, this led to a massive surge in popularity for Axie Infinity in 2021, with reports of players in lower-income countries playing the game as they earnt more than their real-world jobs! For these reasons, Axie Infinity is ranked third in our list of the best play-to-earn games.

4. Alien Worlds (TLM)

Alien Worlds is the most popular P2E game, according to DappRadar. It’s a sci-fi-based metaverse set in space, featuring a vast universe of planets that players can visit and start mining for the game’s cryptocurrency, Trillium (TLM). There are several worlds, each with 500 plots of land that can be bought and rented out to miners for a commission. The game’s objective is to expand your mining empire while completing quests and battling other players for the chance to win TLM and NFTs to use in-game.

Players can also stake their TLM tokens in a gamified system to earn even more from their time playing Alien World. Known as Missions, players lock up their tokens for a specific period (1 to 12 weeks). The greater the amount of time, the rarer the NFTs earnt from staking. There are even planetary DAOs, which allow the planet’s citizens to have their say in key decisions that affect each world.

These features have attracted a massive user base to Alien Worlds, with over 200,000 players interacting with the game daily! This prompts us to put it as our fourth choice for the best play-to-earn games.

5. Splinterlands (DEC)

Splinterlands is a trading card game that has quickly climbed the ranks to become one of the best P2E games. It features one-to-one battles that see your cards battling it out in a style not dissimilar to Magic: The Gathering in order to rank higher on your level’s leaderboards. At the end of the in-game seasons, you’re paid Dark Energy Crystals (DEC) based on how high you rank. DEC can then be used to buy better cards, increasing your chances of winning and levelling up.

These cards can be bought and sold in-game and on third-party marketplaces, thanks to each card being its own NFT. The price of cards can range from 0.01 up to 1 ETH for some of the best cards, each with different stats that make them more or less valuable. 

An entire rental market has even opened up to help players climb the ranks while offering a passive income for those renting the cards! Splinterlands is the second most popular play-to-earn game, just before Alien Worlds, with nearly 350,000 monthly active users, according to DappRadar. This makes putting Splinterlands at number five in this list of the best play-to-earn games an easy choice.

6. Gods Unchained (GODS)

Gods Unchained is another P2E trading card game that allows players to earn the GODS token by simply playing the game. The gameplay takes place in an arena that sees players taking turns to deal damage to the other player’s 30 cards, summoning monsters and casting spells along the way.

The game has some earning mechanics that easily make it one of the best P2E games. The first is by simply winning games, which rewards players with Flux, an in-game currency. Flux can be used to rank up or upgrade cards, which can be sold on for a profit. Ranking up increases the amount of Flux you can earn after each match, meaning you can quickly gain better cards to win one of Gods Unchained’s weekly tournaments. By winning these tournaments, you earn card packs, giving you more cards to trade. 

Gods Unchained’s motto is “if you can’t sell your items, you don’t own them,” a powerful message to the game’s players that ownership is in their hands. As a whole, Gods Unchained is one of the best play-to-earn games out there, coming sixth on our list.

7. Farmers World (FWW/FWF/FWG)

Farmers World is one of the most popular play-to-earn games, amassing over 100,000 weekly players, according to DappRadar. Farmers World is a passive mining game with the goal of mining three in-game tokens: Wood (FWW), Food (FWF), and Gold (FWG).

To start farming, you need tools, which can be bought and sold as NFTs or crafted using raw materials. Once you have your tools, you can choose which area you want to focus on, like raising animals, chopping wood, or mining for gold. Each tool has its own durability index, requiring Gold to repair. You also need energy to continue mining, giving players the challenge of balancing resources, energy, and mining.

There are also Member cards, which are NFTs that can be applied to your character to mine more resources, increase the number of tools you can carry, and more, effectively allowing you to up your earnings while playing. These cards can fetch hundreds and even thousands of dollars.

Despite being one of the more passive games on our list of the best P2E games, it’s still gained a respectable user base that’s earning just by logging in and adjusting their mining! For this reason, it comes seventh on our list as one of the best play-to-earn games.

Metacade (MCADE): Hosting the Best Play-To-Earn Games

With plenty of fantastic games on this list, it’s hard to know where to start if you’re looking to make the most of play-to-earn gaming. But if you’re seeking to maximise your gains from play-to-earn, then Metacade should clearly be your first choice. 

Given that Metacade is literally a meta platform for finding and playing the best play-to-earn games, it’s effectively a direct investment into the future market of play-to-earn gaming. Regardless of any one game’s performance, the platform will always be there as a beacon of play-to-earn. With its token still in presale, Metacade represents a staggering investment opportunity to jump in early on what could be the future centre of blockchain-based gaming. 

You can participate in the Metacade pre-sale here.

The post The 7 Best Play-To-Earn Games For 2022 appeared first on CoinJournal.

Best exchange cryptocurrencies to buy this week

  • UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today.

  • BNB is underperforming today but could rally higher over the coming days. 

  • The total crypto market cap could reach the $900 billion mark in the near term.

The cryptocurrency market is trading in the green zone for the second consecutive day this week. The total market cap stands above $850 billion and could rally higher over the next few hours.

With most cryptocurrencies performing well this week, we will focus on exchange-based tokens and look at the top five you can buy before the end of the week.

Top five exchange tokens to buy this week

Uniswap (UNI)

UNI, the native token of the Uniswap decentralised exchange, is one of the best-performing exchange tokens this week. The token has added more than 4% to its value in the last 24 hours. At press time, the price of Uniswap stands at $5.73 per token.

UNI is an excellent choice because Uniswap remains the number one decentralised exchange in the world, processing over $700 million in daily trading volume. 

Where to buy Uniswap now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy UNI with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy UNI with OKX today

Sushiswap (SUS)

Sushiswap is the second decentralised exchange to make this list. SUS powers the Sushiswap exchange and has been performing well over the last 24 hours. The token is up by more than 4% in the last 24 hours and is now trading at $1.41. 

Uniswap remains ahead of Sushiswap, with Sushiswap processing roughly $20 million in daily trading volume. However, its SUS token is still a leading exchange coin. 

Where to buy Sushiswap now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy SUSHI with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy SUSHI with OKX today

Cronos (CRO)

The native coin of the Crypto.com cryptocurrency exchange is also trading in the green zone today. Cronos is up by less than 1% in the last 24 hours but could rally higher over the coming hours and days.

At press time, CRO is trading at $0.06447. Crypto.com is one of the top 20 cryptocurrency exchanges by trading volume and processes more than $220 million daily. 

Where to buy Cronos now

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy CRO with Skilling today

CoinEx

Founded in December 2017, CoinEx is a global and professional cryptocurrency exchange service provider. CoinEx supports multiple languages and are providing global trading services in nearly 100 countries/regions.

Buy CRO with CoinEx today

Binance Coin (BNB)

BNB, the native coin of the Binance cryptocurrency exchange, is also one of the exchange tokens to consider. At press time, the price of Binance Coin stands at $300.19, down by 1% in the last 24 hours.

Binance is the world’s leading crypto exchange. Earlier today, the exchange announced that it had acquired the Japanese-regulated Sakura Exchange BitCoin. Thus, allowing Binance to operate legally in Japan following its exit from the country four years ago. 

Where to buy Binance Coin

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy BNB with eToro today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy BNB with Binance today

KuCoin Token (KCS)

The last token on this list is the KuCoin Token (KCS). Similar to BNB, KCS has been underperforming so far today. However, it could recover and rally higher in the coming hours or days. 

KCS is currently trading at $6.71 per coin. KuCoin is the fourth-largest crypto exchange and processes nearly $500 million in daily trading volume. 

Where to buy KuCoin Token now

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy KCS with Skilling today

The post Best exchange cryptocurrencies to buy this week appeared first on CoinJournal.