The future of metaverse cryptocurrencies is the topic of the moment as cryptocurrency market conditions continue to loosen in the opening months of 2023. The Sandbox (SAND) and Decentraland (MANA), two of the most established metaverse projects, have posted gains since the beginning of the year, leading to optimistic price forecasts for 2023 and beyond.
Meanwhile, the new gaming metaverse Metacade has been making waves in the crypto world. Its amazing performance during the presale event raised an incredible $16.35m very quickly and sent the entire GameFi industry into raptures.
Enthusiasm grows for MCADE’s price on exchanges
With every presale round of MCADE selling out, investors’ attention is turning to the upcoming listing on cryptocurrency exchanges. On April 6, MCADE will go public on UniSwap before landing on Bitmart in the same month and MEXC in early May. All eyes will be on Metacade’s performance in the coming weeks and months to see if it can harness its rich potential and challenge the supremacy of The Sandbox and Decentraland.
The pace at which MCADE’s presale has ended has seen Metacade establish itself as the leading Web3 gaming platform in the GameFi industry, thanks largely to the enormous inherent utility of the MCADE coin, which also has a staking function to generate passive income for users and a final transition to a governance coin by the end of 2024.
MCADE price forecast from 2023 to 2030.
Metacade’s exchange pricing comes at a time when optimism in the GameFi industry is at an all-time high. Because Metacade offers a different perspective than the norm on what is possible in the crypto gaming industry, analysts are eager to see if this will be reflected in MCADE’s performance in 2023 and toward 2030.
The platform’s diverse gaming experience differs significantly from that of its competitors, providing it with a competitive advantage in determining its potential market capitalization and its vast total addressable market (TAM), indicating that the user base could grow exponentially in the coming months and years.
All this suggests that the magic $1 barrier is an achievable goal for MCADE by the end of 2023, requiring $2 billion in market capital. However, with a fixed total supply of tokens available, and with the evolutionary nature of Metacade’s plans, which is intended to foster the retention of the existing user base and the attraction of thousands of new users each year, this growth looks set to continue as Metacade becomes a benchmark for GameFi innovation between now and 2030.
According to predictions for the next few years, the price of MCADE could reach $7 by the end of 2025 and $15 by the end of 2030. This would represent astronomical profits for users who purchased their participation in MCADE during the presale event.
What is Metacade?
Metacade is a comprehensive GameFi project that brings together exciting gameplay and comprehensive rewards in cryptocurrencies that go beyond the traditional ability to play to earn, to create a thriving and vibrant community of gaming and cryptocurrency enthusiasts in one place. In addition to the P2E engine, one of the best in the industry, Metacade offers users the ability to earn money through the Create2Earn, Compete2Earn and Work2Earn programs.
Powered by the native MCADE token, Metacade aims to take the GameFi industry to new heights with innovative and pioneering features, most notably the Metagrants scheme. To encourage innovation within the platform, developers are incentivized to submit applications for new and exciting P2E titles exclusive to Metacade. Each submission is pooled and voted on by the MCADE community, and the most popular ideas get cryptocurrency funding to support the venture.
Decentraland (MANA) price forecast from 2023 to 2030
Decentraland is one of the most popular metaverse projects currently available, thanks to its virtual real estate lots that allow users to purchase digital real estate that can be used in a variety of ways for monetization.
Currently trading at $0.62, analysts expect MANA’s price to rise moderately by about 30 percent in 2023 to reach $0.87, before continuing to rise to about $2 in 2025 and break through the $5 barrier by the end of 2030. This would represent a gain of more than 8 times for the long-term investor over the next seven years.
The Sandbox (SAND) price forecast from 2023 to 2030
The Sandbox (SAND) is very similar to Decentraland in that it provides virtual real estate lots to users, who can turn them into a range of experiences, from digital art exhibitions to virtual theme parks, allowing users to earn passive income. Big names in fashion, music, and popular culture, such as Snoop Dogg, Adidas, and Tony Hawk, have stakes in The Sandbox, providing good support for the platform.
SAND is currently valued at $0.64 and analysts expect the price to rise to around $0.72 by the end of the year. By 2025, the price of SAND is projected to reach $1.50 and then rise to $4.20 by the end of 2030, a gain of about 7 times for those investing now.
What is the best investment for long-term gains?
While metaverse projects look set to provide moderate gains for long-term investors between now and 2030, the enthusiasm surrounding Metacade’s MCADE token is set to push it well beyond the possibilities offered by The Sandbox and Decentraland.
The Sandbox and Decentraland price forecasts predict earnings multiplied x7 or 8 times for SAND and MANA token holders. Meanwhile, investors in MCADE during the presale will have the opportunity for infinitely greater profits between now and 2030 as the GameFi revolution takes off, with Metacade at the forefront.
You can purchase Metacade here.
*This article was paid for. The Cryptonomist did not write the article or test the platform.