The crypto bubble appears to have burst after a major downturn in 2022. moon earth lost 99% of its value and Sam Bankman-Fried’s FTX became insolvent towards the end of the year.
The crypto bubble has well and truly deflated and investors are now looking for new cryptocurrencies at market lows. Buying low and selling high is the point of the game, so Metacade (MCADE) – a brand new cryptocurrency – is a great buying opportunity.
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The year 2021 has been a major crypto bubble. It was a unique bull market that affected multiple sectors and many different assets — whether it was traditional S&P 500 stocks, real estate, or cryptocurrencies — prices were rising and investors were making gains .
But all good things must end. Unfortunately, 2022 has seen the entire S&P 500 drop more than 20%, with traditional tech stocks like Meta (formerly Facebook) and Tesla crashes over 70% each. The crypto bubble also burst, with Bitcoin suffering a 75% decline and many altcoins losing 90% of their value.
For investors who were overexposed during the crypto bubble (like Sam Bankman Fried, for example), falling prices have wreaked havoc. It may take some time for assets bought near the top to return to their previous price level, which could leave many investors underwater for the foreseeable future.
However, new cryptocurrencies such as Metacade could provide a lifeline during the bear market. Any exposure to new assets can generate gains through compensation. The MCADE presale represents a rare and lucrative opportunity to buy a new cryptocurrency with high potential in its early stages.
What is the Metacade?
Metacade is a brand new cryptocurrency and the first community arcade. It will become the largest platform of its kind anywhere on the blockchain, offering players plenty of opportunities to earn crypto while progressing through endless levels in select games. classic arcades.
The platform will also become a social hub for the wider Web3 community. Users can access all the latest information about the crypto GameFi sector, including tips for getting the most out of the gaming experience and all the hottest trends in the space.
Metacade has an advanced incentive system that encourages community involvement. In addition to offering game rewards for winning in every game found in the Metacade, users can earn crypto income through several features unique to the platform.
How it works?
The Metacade’s play-to-earn arcade will offer casual and competitive gameplay. Players can progress through levels while trying to beat their high score, and the platform will also host paid tournaments through its Compete2Earn feature.
Create2Earn will inspire the community to create content for other users. Players can earn MCADE tokens for posting game reviews, sharing alpha, or simply interacting with other community members.
In addition to this, Metacade will provide a platform for Web3 users to launch their crypto career. New and existing cryptocurrency projects will advertise vacancies in the metacade, allowing users to apply for part-time or full-time positions starting in 2024.
Metacade is entirely community-driven and aims to become a Decentralized Autonomous Organization (DAO) over time. The platform will gradually transition to a new governance structure, in which users will be assigned key roles at the helm of the platform to drive its progress going forward.
Metacade changes the game
While Metacade’s features are specifically designed to serve the Web3 community, the project also aims to increase the overall level of innovation in GameFi. Metacade will achieve this in part by connecting new games to a community of gamers who can find bugs and suggest improvements before the game launches.
Additionally, the Metagrants program is designed to extend the level of innovation within the Metacade itself. The community will vote to provide seed investment for new games, helping to sustain innovation and continually advance the Metacade.
Could MCADE reach $1 in 2023?
After the recent announcement of the presale, Metacade successfully sold all 297,500,000 tokens made available in the beta and early stages. The pre-sale has generated a lot of excitement from Web3 users, and the tokens continue to sell out quickly as Metacade goes through its pre-sale.
Experts suggest that the MCADE token could skyrocket during the next crypto bubble. The next MCADE will have its IDO, and the Metacade will soon start offering its users a suite of P2E games. By the end of 2023, MCADE could rise 50 times in value, with the $1 mark a key price target for pre-sale investors.
Is MCADE Worth Buying?
The MCADE presale is certainly an attractive addition to any investment portfolio. New cryptocurrencies often produce large gains during crypto bubbles, so it pays to buy while the token’s price is low.
At the current price of $0.012, pre-sale investors can expect significant returns over the next few years. The previous crypto bubble may have burst in 2022, but bear markets don’t last forever. The brand new MCADE cryptocurrency could turn out to be one of the biggest winners when the market inevitably recovers.
You can participate in the MCADE presale here.