Schlagwort: crypto business

Newcomer Metacade has made a huge splash since appearing on the crypto scene, establishing itself as a high-potential investment opportunity that could produce substantial profits for those taking advantage of the discount prices available in the project’s red-hot presale.

Metacade is shaping up to be a crypto project that could lead the market over the coming years, and so it’s no wonder that the presale has already attracted a huge amount of attention — having raised an incredible $10.9m in just 16 weeks.

Is Metacade one of the best investments around?

Metacade has been the focus of many investment groups since the launch of their much-praised crypto whitepaper. With a comprehensive plan to position itself right at the heart of the burgeoning GameFi movement, Metacade is being touted by many experts as a project that could be destined to provide eye-watering returns.

But why exactly do many believe that Metacade has the potential for such large returns? While there are several different factors at play, here are the five most important reasons that many see Metacade as one of the best investments around right now:

1. Metacade will have the biggest play-to-earn (P2E) arcade on the planet
2. The P2E arcade supports every playstyle, from casual to competitive
3. An extensive rewards system benefits all those who contribute to the Metacade ecosystem
4. Gamers have a direct say in which game development projects should be integrated via the Metagrants program
5. MCADE holders are able to take advantage of well-designed staking options

Can MCADE reach $1 in 2023?

The Metacade presale will see the price of MCADE rise to $0.02 in the final stage, ahead of an Initial DEX Offering (IDO). The high potential of the project means that this could drive a surge of interest for those investors who see the potential but missed out on the presale, and with technical releases and a CEX listing all due in 2023, a significant rise in price seems inevitable.

With Metacade boasting a number of features that are likely to generate huge user growth, such as the income opportunities even for non-gaming activities, provided they improve the user experience, this could produce the buying pressure required to propel the price of MCADE through the $1 barrier sooner than many think.

What is Metacade?

Metacade is a gaming ecosystem and community hub that allows gamers to earn income for the games they love playing in the biggest arcade of its kind in the world. They are able to do this no matter the style of play they prefer, meaning that whether a gamer prefers casual play or more competitive gaming as they pit their wits against the best in the community, Metacade has them covered.

The project caters to the broadest range of gamers possible and, in doing so, differentiates itself from the vast majority of Web3 gaming projects in development right now. A well-designed rewards system sees users benefit from a set of incentives that constantly drive ecosystem improvement, and the holistic design decisions set out in the whitepaper have understandably generated a great deal of excitement.

How does MCADE work?

The Metacade ecosystem is fueled by the MCADE token, which serves as the currency of the platform. As well as being used to power the rewards for gaming and other activities, the token also boasted staking options that incentivize the long-term holding of the token.

Perhaps one of the most well-received features of the ecosystem has been Metagrants,a program that illustrates the considered strategic choices made by the Metacade team. The program allows game development teams to pitch their game ideas and prototypes to the Metacade community, allowing users themselves to give feedback. Based on the response received, MCADE holders will in future be able to utilize the governance rights afforded to them by the token, to vote for projects deserving of funding from the Metacade treasury.

Metacade has all the key characteristics of the best investments

Metacade has numerous positive qualities as an investment, all of which have contributed to the huge volume that the presale has achieved thus far. With the gaming industry looking ripe for expansion due to GameFi offering gamers financial incentives as part of their favorite hobby, Metacade could well  be set to drive this movement forward over the coming years.

With the project considered by experts in the space to be amongst the best investments available right now, we could see those who are able to secure the MCADE token at the presale prices in for an incredibly exciting  journey over the coming years.

You can participate in the Metacade presale here.

The post Metacade’s Presale Hits $10.9m in April 2023. 5 Reasons MCADE Tokens Are The Best Investments Today. appeared first on CoinJournal.

For those involved in Web3 and watching the markets, it can sometimes be difficult to appreciate the huge scale of the advancements being made. Slowly but surely, projects with real utility and solid use cases are making their way toward mainstream adoption, with large industries like finance and gaming likely to see huge disruption over the coming years as projects mature.

This provides a difficult backdrop for those projects which have failed to capture either a chunk of the market or the imagination of those building in Web3, and as Ethereum Classic and Litecoin both fall into this category, these projects will be focused on trying to keep their heads above the water as the space matures.

In contrast, the new GameFi project Metacade seems to go from strength to strength during its presale. With the newcomer offering the potential for huge returns, investors realize that tokens such as MCADE may offer a much stronger investment opportunity than more established projects.

What is Ethereum Classic?

Ethereum Classic is, as the name suggests, the original Ethereum chain. In 2016, Ethereum saw a hacker exploit a vulnerability that allowed them to walk away with $50 million, which resulted in a hard fork of the Ethereum chain.

The fork that removed the hacker’s funds is the Ethereum that we know today, while the original chain became Ethereum Classic and has remained active. As a result, the ETC token is, from a utility perspective, the same as ETH.

Can ETC reach $40 in 2023?

While Ethereum Classic retains a passionate fanbase, the project has only a tiny fraction of the support for the main Ethereum chain, and this can be seen in the Ethereum Classic price. In recent years the project has taken steps to increase the level of integration with Ethereum in order to broaden its use cases, but there is no doubt that ETC has a difficult future ahead, and the Ethereum Classic price reaching even $40 is likely to be difficult outside of a bull run driving speculation.

What is Litecoin?

Litecoin is a project born from a fork of Bitcoin in order to try to avoid a small concentration of miners. As a result, the project uses a completely different hashing algorithm and has diverged substantially from Bitcoin over the years.

Can LTC hold its value in 2023?

The biggest challenge the Litecoin price prediction faces is securing a space in the market. Much less well-known than Bitcoin, it also faces competition in the payments space from countless other projects designed on more recent technology and specifically for that purpose.

With this in mind, it seems unlikely that LTC has an especially bright future ahead, which means that if the price of LTC is able to hold steady at around $100, most analysts will consider that a good year for the long-running project.

What is Metacade?

Metacade is a newcomer to the cryptosphere and has turned heads as a result of the compelling vision laid out in the whitepaper. Metacade has set out to be a major player in GameFi and will offer the largest library of play-to-earn (P2E) games as the centerpiece of the ecosystem.

The extensive library of games — all of which incorporate financial rewards for players — allows Metacade to differentiate itself from the majority of the GameFi sector through its focus on many possible gaming experiences rather than a singular one and a heavily integrated utility token, MCADE, the project has been touted as one that could deliver big profits for investors.

How does MCADE work?

The MCADE token is used as the currency of the Metacade ecosystem and is, therefore, crucial to the rewards system. Rewards extend beyond just the gaming experience as well, meaning that users are incentivized to improve the broader user experience for others too.

With MCADE used for every exchange of value across the platform, it’s clear that the onset of significant user growth many analysts are expecting this year will produce a great deal of buying pressure on the token.

Can MCADE reach $1 in 2023?

The MCADE token benefits as an investment from the huge amount of utility it provides to the Metacade ecosystem. This means that the aggressive roadmap of technical releases, coupled with high-engagement platform design, could drive a huge amount of value into the project over the course of the year.

MCADE also provides staking options to investors that allow for a passive income to be earned while holding, and this is likely to further restrict the supply velocity and force price appreciation over the remainder of 2023.

As an MCADE price of $1 requires a market cap of just $2 billion, it seems possible that MCADE will smash through the $1 barrier before the end of the year, given the strong potential in the project together with the token’s utility.

Which project is the best choice for investors?

The red-hot Metacade presale, which has already raised an eye-watering $10.9m in just 16 weeks, appears to be a compelling investment choice and seems very likely to present the best returns for investors.

As savvy investors know, the highest returns are reserved for those who get in early to high-potential projects rather than backing old players like Ethereum Classic, Litecoin, and even Bitcoin, so securing MCADE now could easily be a better investment choice than almost every well-known crypto out there right now.

You can participate in the Metacade presale here.

The post Ethereum Classic and Litecoin Price Predictions Falling As Investors Look to Metacade’s Presale to Maximize Investments appeared first on CoinJournal.

Respected Bloomberg senior commodity strategist Mike McGlone has caused waves in crypto markets by going public with his assertion that the crypto market is beginning its first significant recession and indicates there is a long way to go before currencies recover to previous levels.

One coin unaffected by sluggish performance in the crypto market is Metacade’s MCADE coin which continues to perform well in its presale event. This has led experts to question if we are in a recession, and if so, how will it impact new coins like MCADE?

Are we in a recession?

After early indicators in the opening weeks of 2023, the crypto market showed signs of recovery, with Bitcoin (BTC) trading above $20,000 again and leading higher gains throughout markets. However, February has seen BTC values fall below $23,000, leading to McGlone’s assertion that we are in a recession characterized by lower prices and higher volatility than before.

This confirms the fears many traders felt that BTC’s price trend is pointing towards a comedown, with a fall below $22,500 being the point at which bearish performance would be confirmed and hopes of a return to more bullish market conditions recede.

Metacade performs well in presale

Brand-new GameFi title Metacade continues to exceed general market performance during the presale event of its native MCADE token. After launching at $0.008 late in 2022, MCADE has picked up serious momentum, raising $10.9m in just 16 weeks.

The speed at which the MCADE presale event continues to gather momentum is excellent news for early investors that have already taken advantage of the promise shown by Metacade and equally good news for those pondering which new investments to back during the prolonged bearish conditions.

What is Metacade?

Metacade is building the world’s biggest online virtual arcade, combining classic arcade titles from yesteryear with modern Web3-designed future classics. At the heart of Metacade’s offering is its unrivaled play-to-earn (P2E) mechanics that will provide its users with a steady income stream as they play the games they love most alongside friends and new competitors in the Metacade community.

While the platform’s vast P2E arcade is the main focal point of Metacade’s ecosystem, there is much more to the project than the range of arcade games. Each facet of Metacade’s platform brings holistic benefits to the community, which forms the beating heart of its plans.

The platform will bring an exhaustive rewards system to the GameFi industry that goes far beyond the usual P2E offering on the market. Metacade’s other three chief income streams are Create2Earn, which rewards users for interacting socially with the hub, Compete2Earn, where users can stake tokens for entry into competitive online tournaments, and its Work2Earn scheme that looks set to push the entire GameFi sector forward.

How does MCADE work?

The fuel that feeds Metacade’s engine is the MCADE token, a coin used across the platform and as the medium of exchange. MCADE will be used to buy merchandise and as the currency by which users can enter tournaments and prize draws, as well as access the range of pay-to-play titles.

MCADE’s tokenomics have been well-thought with the two billion token supply offering coin holders exceptional levels of utility. Coin holders can stake their tokens to leverage their holding to earn passive income and invest in the platform. At the same time, funding will also be sourced from external advertisers, outside gaming studios who want to release their games on Metacade, and Web3 firms posting job vacancies on its job board.

Metacade is a crypto market game-changer

One of the most exciting features of Metacade’s whitepaper is their pioneering Metagrants program which launches in Q3 2023. Designed to bring exciting new addictive titles to Metacade’s virtual floor, Metagrants will also fund the next wave of blockchain game developers.

Developers submit applications for funding to support the design and creation of new GameFi titles. Each submission is pooled and presented to Metacade’s community of MCADE coin holders who vote for their favorites. The ideas with the most votes receive a crypto grant and go into production, with the first game to hit Metacade in Q1 2024.

As well as putting GameFi innovation at the center of their platform and driving the entire sector forward, the experience gained by developers will help them push their full-time careers in Web3 blockchain game design forward by enabling them to elevate their CVs. Once the job board goes live in 2024, the Web3 industry will have access to the world’s hottest new blockchain development talent.

Is MCADE worth buying?

Whether the crypto market is in recession or not, the MCADE presale represents a rare and outstanding opportunity to get involved in a token with immense utility, excellent tokenomics, and an incredibly bright community-led future at an extremely low price.

Currently trading at $0.0185 in final stage of the presale, the value will increase to $0.02 at the final stage of presale. With a limited supply of tokens available, demand for MCADE looks likely to skyrocket when it lands on exchanges. 

You can participate in the Metacade presale here.

The post Bloomberg Writer Says Crypto Recession is Just Starting – Metacade (MCADE) Performs Well in Presale appeared first on CoinJournal.

As cryptocurrency regulations continue to threaten the future of Web3, many investors are seeking the most secure cryptos to invest in. While Monero (XMR) has been a leading project in the blockchain movement for some time, Metacade (MCADE) now looks like a better option long-term.

Monero could see disastrous price action thanks to the encroachment of cryptocurrency regulation. Meanwhile, Metacade continues to see massive success during its early stages. So, which project is the best long-term investment?

How is cryptocurrency regulation impacting the industry?

As a leading privacy-focused blockchain, the future of Monero is in jeopardy. Cryptocurrency regulation has cracked down on private protocols in the wake of the Tornado Cash incident in 2022. Tornado Cash was a protocol that made blockchain transactions untraceable, which led to the arrest of its founding developer.

This news has cast doubt over the future of Monero and the XMR price by extension. The XMR price has previously reached highs over $500, but now investors are seeking more secure investments due to major cryptocurrency regulation.

One of the most popular options for crypto investors in recent times has been Metacade. The MCADE token presale has attracted $10.9m in 16 weeks since the event went live, owing to a strong value proposition and an ability to serve a huge number of users over time.

What is Monero?

Monero is one of the oldest cryptocurrencies in the top 50, being created in 2014. It uses a proof-of-work consensus mechanism and advanced cryptographic technologies to mask the identity of its users. As one of the most popular private blockchains, Monero has been a leading project in Web3 since it was first launched.

While most blockchains have a public ledger that records private addresses, transaction amounts, and more information that can be traced back to the sender, Monero obfuscates much of this data. As a result, sending money over the Monero blockchain is completely private and secure.

Can the XMR price reach $200 in 2023?

The XMR price has fallen 70% since reaching its all-time high in 2021. After the Tornado Cash incident and tightening cryptocurrency regulations, many experts have suggested that the XMR price may struggle to regain its previous price level.

A key target for the XMR price is $200. Monero faces stiff resistance at this price level, and it may struggle to break through over the coming years. XMR price action will be shrouded with uncertainty for as long as Monero remains an industry-leading private blockchain due to ongoing cryptocurrency regulations.

What is Metacade?

Metacade is the first community-driven arcade. The platform combines advanced earning mechanics with the largest collection of blockchain arcade games to deliver a comprehensive GameFi experience.

The metaverse arcade will be home to a massive range of different titles, and it will also become a central hub for Web3 users to enjoy. This is because Metacade’s offering goes beyond the arcade, as users can uncover some of the best alpha in the blockchain gaming space directly through the platform.

How does MCADE work?

The MCADE token will be used to pay for rewards in the arcade. Metacade offers both casual and competitive gameplay, allowing players to play solo or join paid entry tournaments for the chance to win major crypto prizes.

The community hub will also reward content creators through the Create2Earn mechanic. Users can contribute by posting game reviews, sharing alpha, interacting with other members of the community directly, and earn MCADE tokens in the process.

Metacade is also advertising jobs for Web3 users through its Work2Earn feature. Whether looking for freelance work, part-time gigs, or full-time roles at major Web3 companies, Metacade can connect professionals to exciting new positions. 

Can MCADE reach $1 in 2023?

The MCADE token presale has attracted massive attention due to the vast promise being shown by the new project. Once the presale is complete, MCADE will be launched on exchanges, which could boost buy pressure even further.

Experts are forecasting major gains for Metacade in 2023 and beyond, with $1 being a key price target this year. Not only will the token go live on exchanges in 2023, but the metaverse arcade will also open its doors and begin to offer an exciting GameFi experience to players from all over the world.

MCADE vs. XMR price prediction: Which is the best investment?

As cryptocurrency regulation continues to crack down on privacy-focused protocols, Monero seems like a risky long-term investment. On the other hand, Metacade is just starting to make a name for itself as a leading project in the blockchain gaming movement, which gives it tremendous potential for the future.

Without a doubt, Metacade looks like the best investment right now. However, investors do need to be quick to buy MCADE at the best possible price, as the value of MCADE is rising from $0.008 to $0.02 during the presale. Web3 projects such as Metacade are heavily favored by cryptocurrency regulation when compared to projects that protect user anonymity, so it will be fascinating to see how the future unfolds for these two projects.

You can participate in the Metacade presale here.

The post Monero’s XMR Price Falters As Governments Around The World Regulate Crypto. Metacade’s Presale Remains Unaffected. appeared first on CoinJournal.

• Cryptocurrencies had a strong performance in one of the most volatile weeks.

• Bitcoin surged above $27,000 for the first time in months.

• Cardano, Stacks, and Conflux were among the top performers.

Cryptocurrencies had a strong performance this week even as jitters in the banking sector continued. On Friday, Bitcoin price jumped to over $27,000 for the first time in months. This was a remarkable turnaround considering that BTC was trading at $19,000 a week earlier. This article will provide predictions for some popular altcoins like Cardano (ADA), Conflux (CFX), and Stacks (STX).

Cardano price prediction

Cardano price made a strong comeback on Friday after the developers announced a new P2P upgrade for its network. Further, Cardano’s total value locked (TVL) jumped to a record high in ADA terms, signaling that the network is gaining traction.

Cardano rose to a high of 0.348 on Friday, which was above the 25-day and 50-day moving averages. The MACD moved above the neutral point while the Relative Strength Index (RSI) moved close to its overbought level. 

On the hourly chart, Cardano is trading close to the major S&R pivot point. Therefore, with Bitcoin leading cryptocurrencies, I suspect that it will continue rising as buyers target the next ultimate resistance at $0.366, which is about 8% above the current level.

How to buy Cardano

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.

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Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

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Conflux price prediction

Conflux (CFX) price had one of the best performances this week. On-chain data showed that the network was gaining traction after partnering with China Telecom. The telecommunication giant will use the platform to build blockchain sim cards. Conflux NFTs are also doing well.

On the hourly chart, the CFX price has formed a cup and handle pattern, which is usually a bullish sign. It is also being supported by the short and long-term moving averages. Like  Cardano, the Relative Strength Index (RSI) and the MACD have continued rising. The Murrey Math Lines indicator shows that it is now at the weak S&R point.

Therefore, there is a likelihood that Conflux price will also continue rising as buyers target the overshoot level at $0.4157.

How to buy Conflux

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.

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BKEX

BKEX is a centralized cryptocurrency exchange located in British Virgin Islands. There are 254 coins and 415 trading pairs on the exchange.

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Stacks price prediction

Stacks has done well following the launch of Bitcoin Ordinals. This was an important development because Stacks is a layer 1 network that makes it possible for developers to build dapps that use Bitcoin. It is the only blockchain product that is offering the service.

On the hourly chart, the STX price has been rising and formed a cup and handle pattern. It has also moved to the stop pivot reverse point. Like Cardano and Stacks, it is being supported by short and medium-term moving averages and oscillators like the Relative Strength Index (RSI) and the MACD.

Therefore, Stacks will likely continue rising as buyers target the ultimate resistance point at $1.20. The stop-loss of this trade will be at $0.990.

How to buy Stacks

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.

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Okcoin

Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. Okcoin’s mission is to help decentralize finance and level the economic playing field for everyone around the world. Serves 190+ countries with over 100K+ active traders and investors.

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The post Crypto price prediction: Cardano, Conflux, Stacks appeared first on CoinJournal.