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Decentraland’s MANA Price Prediction Sluggish, Investors Turn to Metacade Presale

UTC by Andy Watson · 5 min read
Decentraland’s MANA Price Prediction Sluggish, Investors Turn to Metacade Presale
Photo: Metacade

Metacade is setting itself up to be a top performer in the months and years to come.

Even though the metaverse has a lot of untapped potentials, interest in one of the pioneers in linking it to metaverse crypto, Decentraland, has waned recently. Instead, investors are turning to blockchain gaming platform Metacade’s presale, now in its final stage before it lists on an exchange, as a more promising investment opportunity. This article will discuss Metacade’s groundbreaking potential and how it compares to the latest MANA price prediction.

Metacade Is Leading GameFi Innovation

Metacade is gearing up to create the biggest virtual gaming arcade on the Ethereum blockchain. Its goal is to become the ultimate Web3 community hub for the future, where online both gamers and crypto enthusiasts can come together to communicate, collaborate, and earn tokens for playing.

Metacade aims to develop a decentralized online gaming platform that is more community-centric than current platforms in the metaverse crypto gaming realm. Developers will be able to create and monetize games that appeal to Metacade’s growing community, while players can earn MCADE tokens for leveling up in their favorite games, sharing tips and tricks, and even for beta testing and giving feedback for new games.

By providing a more rewarding and community-driven experience for players, Metacade seeks to become central to the development of new online games as well. Metacade’s Metagrants program will provide game developers with funding to create games the Metacade community has chosen from a host of proposals. Holders of MCADE tokens will not only be able to vote for new games on the platform but will also have the opportunity to earn MCADE tokens for beta testing the new games and providing feedback to game developers.

MCADE Price Prediction

Another key way in which Metacade will support its community will be through MCADE token staking. Users who stake their tokens will receive rewards in a stablecoin rather than the MCADE token to avoid inflating the number of tokens in circulation. This will provide crucial support to the token’s inherent value by ensuring the market does not become saturated.

Once Metacade establishes MCADE’s token utility and revenue streams, it can potentially introduce a token-burning mechanism or buyback to remove tokens from the circulating supply.

Experts predict a significant increase in the value of the MCADE token following the presale, with many investors eager to get in on the ground floor and profit from widespread adoption. The Metacade platform has already gained traction within the gaming community, raising $13m since the beginning of its presale.

MCADE is currently in its final presale stage and is valued at $0.02. How does Metacade compare with Decentraland’s MANA price prediction?

MANA Price Prediction

MANA, the native token for the Ethereum-based virtual world Decentraland, exploded onto the scene as the popularity of metaverse gaming and applications grew in 2021. Decentraland allows users to buy, sell and build real estate on virtual land using MANA. Its real estate can be used for a range of purposes, including gaming, socializing, and e-commerce.

The world’s largest virtual real estate trade was the $2.4 million purchase of a plot of land in November 2021 by crypto investor Tokens.com in the Fashion Street area of Decentraland.

The metaverse crypto token reached an all-time high price of $5.85 in November 2021 as metaverse projects gained in popularity but fell heavily in the subsequent market sell-off and has struggled to trade above $1.

The future of the MANA token seems to be less certain, with many observers expecting the coin’s recent sluggish performance to continue in the coming months. CoinPriceForecast’s MANA price prediction indicates that the price could end 2023 at $0.78 from around $0.63 at the end of February, but fall back to $0.60 by the end of 2024. The MANA price prediction from DigitalCoinPrice is somewhat more optimistic, projecting a price move up to $1.37 by the end of this year and $1.55 by the end of 2024.

However, some analysts believe that MANA could rebound as virtual reality technology becomes more advanced and widespread. Decentraland continues to form partnerships with major brands, including Atari and Samsung. As more people use the platform, the demand for the MANA token could increase in turn, driving up the MANA price prediction.

Final Thoughts

Web3 and metaverse crypto technology are revolutionizing how the world functions and Metacade is well-positioned to transform how community gaming hubs are owned and operated. Metacade will allow game developers to build and monetize their games on the Ethereum blockchain and reward players through its P2E and Create2Earn models.

While the MANA price has the potential to rise in value in the future, MCADE could see a significant increase in value following its presale when it lists on exchanges. Investors looking for a promising new cryptocurrency with a unique concept and strong growth potential are turning their attention to Metacade.

Predicting the future price of any cryptocurrency can be difficult, but these tokens have unique concepts and strong communities that could contribute to their success. As it stands, Metacade is setting itself up to be a top performer in the months and years to come.

You can participate in the Metacade final stage pre-sale here.

Disclaimer: Coinspeaker is not responsible for the trustworthiness of any content or product on this page. Though our goal is to provide you with the most valuable information that we could find, we recommend you conduct the necessary research on your own before taking any decisions related to the products presented in this article. This article can’t be considered as investment advice.

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