Metacade Could Triple Its Price in Presale, Experts Predict

Metacade is a brand-new metaverse platform that connects play-to-earn enthusiasts with exciting opportunities in the world of Web3 and GameFi. With its native MCADE token just starting its presale event, many investors are expecting big gains.

The project itself is well-positioned for success in Web3 and has plans for a big expansion. Metacade spans several key areas of technological advancement while offering a range of benefits to community members. In sum, Metacade has a broad value proposition that can serve countless people and avid traders are claiming the MCADE token could potentially triple in value over the coming weeks. But just how much can Metacade grow? It’s time to take a look!

GameFi: Pushing the Boundaries of Gaming

The term GameFi is a combination of “gaming” and “finance”, a new realm unlocked by blockchain technology. Moreover, the combination of playing and earning is made possible by sustainable liquidity generation within in-game economies. This is something that legacy games simply can’t even begin to match.

GameFi is a rapidly growing sector of blockchain technology. Integrated marketplaces form the foundation of a fully-functioning in-game economy where users can buy and sell digital assets to access gameplay features and customisable items. It’s also a space where players can earn while they play.

These days, we’re seeing an increasing number of innovative developers switch to building their games on-chain. Looking ahead, it’s only expected that the GameFi industry will grow even more. At the moment, gaming is a multi-billion-dollar industry with over 3 billion individuals around the world describing themselves as a gamer. Now, they can all access titles that provide rewards in the form of digital currency.

Being built on the blockchain, the process of buying and selling is a natural liquidity generator for GameFi platforms. This liquidity can be used to pay players for the time they spend in-game. Whether token rewards are gained through improving their skills, progressing through levels, or beating opponents, the play-to-earn aspect is an extremely attractive proposition to gamers from all over the world.

The Value of Virtual Reality

Right now, the metaverse is a hotbed of technological development. There are a range of virtual worlds being built with some being designed for leisure and others for work. Predominantly, these are being created to house massive open-world gaming titles that fully immerse players in sensational digital environments.

Blockchain gaming and the metaverse go hand-in-hand. Self-owned digital assets provide a greater level of user control and the metaverse itself provides users with a never-before-possible level of immersion. These characteristics combine to create almost life-like landscapes where players can explore, adventure, and – thanks to blockchain technology – earn.

One project that looks set to dominate this future domain is Metacade. The Metacade platform is building a sprawling metaverse that offers a range of arcade-style play-to-earn games alongside some unique benefits. The project is inherently community-driven, aiming to provide a host of useful services that can help to expand the world of GameFi and Web3.

What exactly is Metacade (MCADE)?

Metacade is a Web3 platform that’s positioned to be the one-stop space for P2E and Web3 gaming. Think of it as a sort of online arcade for crypto enthusiasts. Of course, instead of having just one game title, Metacade is going to host a whole range of games. And more excitingly, some of those games will be planned and developed by Metacade users.

In addition to offering a range of play-to-earn titles within Metacade, the project offers some unique earning opportunities to users. Metacade aims to encourage the continued growth of the GameFi sector by incentivising a community-centric approach to tackling the latest play-to-earn games.

Simply put, users can share their knowledge of their favourite games, such as tips on how to improve performance or how to maximise earning potential. Then, Metacade will reward users for sharing and engaging with the community. 

Special roles in GameFi

The Metacade community also gains access to some unique job opportunities. Some of the best up-and-coming GameFi games will advertise testing roles within the Metacade metaverse, looking for GameFi enthusiasts and Web3 natives to look for bugs and provide feedback.

This will be an amazing opportunity to access the hottest games before they officially go live. The Metacade community can play these titles and earn MCADE tokens as a reward for the service they provide to the game development teams.

Boosting innovation

Metacade has also incorporated a feature that will allow the best innovators in GameFi to launch their creations into the world of Web3. Funding is an integral aspect of the development process. For games to reach their full potential, and fully deliver on the baseline ideas that gamers want to see, then early-stage funding is crucial.

The Metagrants program has been designed to help game developers in this process. Community members will decide which game proposals they’d most like to see developed and can vote for one winner to receive the grant as part of the program. In this way, the Metacade community will directly influence the future of the GameFi industry as they get to form early relationships with innovative developers and lend a helping hand during the development process.

Why does Metacade (MCADE) have such high potential in particular?

At the moment, the MCADE token is underpriced – significantly underpriced. The token has just started its presale, so early investors have a prime opportunity to make some major gains as the ground-breaking metaverse world continually grows.

The project has taken a strong position at the intersection of technology sectors that are constantly expanding. Between 2016 and 2021, the total number of crypto holders grew from less than 5 million to almost 300 million. That’s a 59X increase in just 5 years.

During that time, the industry has seen major technological improvements in some key areas. dApp ecosystems such as Ethereum and Solana have improved transaction speeds, which massively favours the future of Web3. Metacade looks to serve Web3 users in a number of key ways, connecting the community and providing crypto rewards in the process.

MCADE Price Prediction

With so many amazing features on offer, the Metacade project looks set to be a major player in the metaverse. Whether being discussed in terms of innovative decentralised applications (dApps), pushing forward technological development through the metaverse, or in terms of providing exclusive earning opportunities to gamers with a selection of arcade-style games, the Metacade project is truly expansive.

Since the MCADE token is only just starting its presale, crypto investors everywhere are keen to get involved. Expert traders are expecting between 100% and 200% gains with some saying it could go even higher than that. One thing is for certain, the MCADE token is currently underpriced and it’s being released for just $0.008 per token during the presale. With all the value being offered, it may rival the biggest GameFi platforms the world over in the coming years.

You can participate in the MCADE presale here.

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Best cryptos to buy this winter

Cryptocurrencies have had a long crypto winter in 2022 as concerns about the industry continue. In total, crypto prices have plunged by more than 60% in 2022, shedding over $2 trillion worth of value. Bitcoin has slipped to $17,000 while the FTX Token has become worthless. Here are some of the best cryptos to buy this winter.

GMX

GMX is one of the fastest-growing players in decentralised finance (DeFi). It is a platform that makes it possible for people to trade cryptocurrencies and perpetual contracts in a decentralised manner. 

Many traders prefer GMX because of its significant speed and lower costs since it is built on top of Arbitrum and Avalanche. Therefore, as concerns about centralised exchanges grow, there is hope that most investors will start to embrace DEXs. If this happens, GMX will likely be one of the top platforms to watch.

GMX has seen the total volume locked (TVL) jump to an all-time high of almost $1 billion. At the same time, GMX price has soared to the highest level in months. Therefore, there is a likelihood that the token will continue rising as a rotation to DEXes continue. 

How to buy GMX

dYdX

dYdX is another leading DEX that provides a simple-to-use platform where users can buy and sell cryptocurrencies. It handles hundreds of millions of dollars on a daily basis, making it one of the biggest exchanges in the world. Like GMX, the total value locked (TVL) in dYdX has risen to more than $440 million.

There are two main reasons why the dYdX is a good crypto to buy in Winter. First, the network is building its dYdX chain on Cosmos. The token could rise on hopes of more activity in the protocol. Second, dYdX price will likely rise as activity in the network increases.

How to buy dYdX

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 DYDX with eToro today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.

Buy DYDX with KuCoin today

Ethereum

Ethereum is another top crypto to buy in Winter. A closer look at ETH price chart shows that the coin has managed to stay afloat above $1,000 during the ongoing crypto winter. This is a bullish factor. At the same time, the network will launch its next upgrade in Q1’23. This upgrade will unlock the funds that have been staked in the network.

Further, Ethereum remains the biggest player in all industries, including DeFi and Non-Fungible Token (NFT). Therefore, there is a likelihood that the coin will bounce back in the coming months.

How to buy Ethereum

How to buy GMX

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 ETH 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 ETH with OKX today

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Dogecoin loses $0.09. But watch for this bullish signal when the daily candlestick closes

  • Dogecoin has lost 15% in the week amid a bear market

  • The lack of positive fundamentals has been ailing the meme cryptocurrency

  • DOGE will confirm a bullish reversal if the candlestick closes above $0.09

If you have been eyeing buying Dogecoin (DOGE/USD), you are probably not sure whether to anymore. A weekly loss of 15% makes DOGE the biggest loser among the top 10 ranked cryptocurrencies. It could be a little more troubling, especially since DOGE has fallen below $0.09. It is a crucial support that bulls could have been eyeing to buy DOGE on a retracement. But we believe DOGE is not bearish yet.

Fundamentally, we remain sceptical of DOGE as the meme token lacks key bullish triggers. Initially, DOGE was gaining on prospects of an announcement as Twitter’s payment medium. The speculations have since cooled down as Elon Musk is still yet to give an official indication or throw a joke around the topic. The large decline in DOGE’s price reflects investors’ potentially exiting positions on the lack of positive cryptocurrency news. With the bear market continuing, it makes sense to expect DOGE to decline too.

Technical analysis of DOGE as price slides below support

BNB/USD Chart by TradingView

Turning to the technical side, DOGE is trading at a make-or-break level. The MACD shows a weak and bearish momentum, although the indicator remains above the neutral zone.

Despite breaking below the $0.09 support, buyers resist a drop below $0.084. DOGE can confirm a bullish reversal signal through a pin bar if the daily candlestick closes above $0.09.

Is DOGE about to become bullish?

From the technical analysis, Dogecoin can go either way. A bullish pin bar at the $0.09 support could allow bulls to take control of the cryptocurrency and push it back to $0.11. 

On the flip side, if the daily candlestick closes below, we need further price action. Bears may take control in the bear scenario and take DOGE lower. The price of around $0.07 would remain in sight.

Where to buy DOGE

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 DOGE with eToro today

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Cardano is bearish amid increases in activity. But this prediction sounds very bullish

  • Cardano has witnessed an increase in activity after the Vasil upgrade.

  • “ADA Whale” expects Cardano token to turn bullish in 2023.

  • ADA is under pressure at $0.30.

As the year ends, Cardano (ADA/USD) will pride itself as one of the blockchains to undergo a major upgrade. However, to ADA buyers, this will be a year to forget. The cryptocurrency, which tapped $3.0 in September 2021, trades 10 times less value at $0.30. 

ADA investors will want to get excited about the September 2022 Vasil upgrade. The event was marked by an uptick in activity on the blockchain. As of December 9, there were reported 1,151 projects building on Cardano. That’s an increase from 1,146 two weeks earlier. However, ADA enthusiasts would quickly remember that the price has even slid further since Vasil. To an investor, ADA would be better off if it avoided further slump. But how about 2023? Should you be optimistic?

Yes, according to a popular crypto analyst, “ADA Whale.” According to the analyst, the entry of governance on Cardano will make ADA flip other altcoins. The analyst says ADA will turn the tables when it starts taking things into its own hands. Once the decentralised governance kicks in, Cardano will be removed from its core firms like IOG. Dubbed the Voltaire era, the shift is expected in 2023. Cardano co-founder’s, in October, also lauded the self-governance. In this, Charles Hoskinson expects Cardano to tell others “how to do decentralised governance.”

It could still be too early to speculate, but one thing is sure, Cardano and ADA will grow. At the moment, the cryptocurrency is only reeling from a bear market.

ADA on descent as momentum indicators remain bearish

ADA/USD Chart by TradingView

A technical outlook shows ADA on a downtrend in a descending channel. The price is weak at the $0.30 level. The MACD indicator is bearish.

What next for ADA?

The price of ADA stares at a possible new level as the year approaches the end. The token trades at the lowest level in the year at $0.30. A further weakening in price could see ADA claim a new low.

Where to buy ADA

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 ADA 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 ADA with OKX today

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Bitcoin still on a limited upside, but this analyst thinks the worst is still to come

  • Bitcoin lost 1% on Monday ahead of the US inflation data.

  • A crypto analyst expects the inflation data and Fed’s meeting to affect Bitcoin.

  • Bitcoin lacks a directional bias and could move in any direction.

Bitcoin (BTC/USD) traded down more than 1% on Monday, with the cryptocurrency’s price slightly below $17,000. Bitcoin has traded at this level since the start of the month. The price is also slightly improved from $16,000 at the end of November. But should we expect this price to improve?

The limited upside in Bitcoin perhaps underlines that investors are still cautious about buying cryptocurrencies. That means a significant number expect Bitcoin to fall further as risk-on sentiment remains. Similarly, buyers are defending the $16,000 level. But as this bull-bear scenario unfolds, a popular crypto analyst expects two macro events to crush BTC further. The analyst, Nicholas Merten, says markets are warming up for the US inflation report and the Fed’s last meeting of the year.

The US inflation report comes on December 12th, followed by the Fed’s meeting on December 14th. Higher-than-expected inflation is likely to raise speculations of policy tightening by the Federal Reserve. The analyst says already 80% of the market expects the Fed to hike rates by 50 basis points. If inflation comes hot, this will call for faster hikes. 

Even if the Fed does not embark on fast rate hikes, Merten says markets will still be under pressure. The analyst says the lagging effects of previous policy actions could last longer.

BTC on a slight upside amid weak momentum

BTC/USD Chart by TradingView

On the technical front, BTC trades within narrow ranges. The long-term momentum is bearish, although the cryptocurrency recovered slightly above $16,000. BTC’s next resistance lies at $19,000, while the support is at $14,000.

Will BTC go lower or higher?

A limited upside means that Bitcoin price could trade lower if the macro factors are not positive. Investors will monitor the inflation report and the Fed’s action for indicators of where BTC will go next.

Where to buy BTC

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 BTC 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 BTC with OKX today

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