Battle Of The Blockchain Gaming Tokens. Analysts compare Polygon price with Metacade for 2023 – 2030
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- Investing in cryptocurrency offers individuals unprecedented opportunities to become part of a cutting-edge and innovative system with the potential to have a transformative impact on the fabric of society across multiple industries.
- For example, gaming is one of the industries where cryptocurrency is driving tremendous growth.
Blockchain gaming is expected to grow at a rate over the next five years that far outpaces traditional console and PC gaming, and many crypto companies that see this growth potential want a piece of the action.
One of the latest platforms to announce an expansion into blockchain gaming is Polygon, an established blockchain provider. This news has analysts comparing the potential impact on the Polygon (MATIC) price to that of exciting new GameFi token Metacade (MCADE) as the blockchain gaming wars heat up.
What is polygon?
Polygon is a layer-2 blockchain solution designed to aid scalability with the Ethereum network by providing a faster, cheaper and highly scalable network that allows interoperability with Ethereum. The network has proven popular across various sectors of the crypto space, including prominent real-world retailers, social media giants, and developers of dApps and DeFi solutions.
As Ethereum has responded to challenges from layer-2 blockchain vendors with a series of upgrades designed to reduce the need for interoperability, Polygon has diversified its offering by branching into the blockchain gaming space, becoming the second most popular gaming chain behind Wax in March 2023.
Polygon Price Prediction 2023 to 2030
This positive news has significantly impacted polygon price performance so far in 2023. Currently trading at $1.01, well above the $0.76 value at the start of the year, gains in mid-January saw potential for MATIC’s price as it rose above $1.50 . Although this means that the Polygon price has fallen by a third since then, there are high hopes for the future performance of MATIC.
Experts are constantly revising their Polygon price predictions for the coming years with forecasts that MATIC will reach $1.68 by the end of 2023, more than double its price at the start of the year.
Long-term Polygon price predictions expect the previous all-time high (ATH) of $2.92 to be beaten in mid-2025, as it rises to $3.51, continuing with expected growth in blockchain games over the same period. By the end of 2030, MATIC is expected to surpass the $20 barrier.
What is Metacade?
Metacade is a brand new blockchain gaming platform with a grand design to revolutionize the GameFi landscape with its online virtual gaming arcade. It seeks to provide gaming enthusiasts with the largest selection of play-to-earn (P2E) games in one place on the planet, while also seeking to establish itself as a pioneer and a major name in the blockchain gaming sector. The project’s recently unveiled whitepaper has impressed the global crypto community with its extensive and ambitious plans.
These plans include a comprehensive rewards system that surpasses the competition by compensating users for more than progress and success while playing. For example, every time they contribute to the growing community by posting social content to the hub, users can earn crypto rewards. Many expect this inclusive outlook to drive user retention and community growth in the coming months and years.
In addition, Metacade has recently announced a collaboration with cutting-edge game studio MetaStudio, which has worked on prestigious projects including Kung Fu Panda and Pirates of the Caribbean. This is just the first partnership, and we can expect exciting new games for Metacade’s evolving library.
How does MCADE work?
MCADE is the original token that powers the entire Metacade ecosystem, from providing the project with the medium of exchange to powering the exciting and all-encompassing reward system. In addition, users can stake their MCADE tokens, giving investors the opportunity to generate passive income while helping the platform develop (even if the pool is currently full).
MCADE’s deflationary tokennomics and the fixed total supply of 2 billion coins are good points to be aware of because this can help prevent MCADE tokens from flooding exchanges and depressing the price. In addition, Metacade passed a full audit by blockchain auditors Certik to reassure new investors that the team and project are sound.
MCADE Price Forecast 2023 to 2030
As blockchain gaming continues to grow in popularity, MCADE will be in a prime position to reap handsome rewards from the projected growth of the sector in the coming months and years. Having launched on the well-known Uniswap exchange in early April at $0.022 per token and enjoying a recent unveiling on Bitmart, Metacade is arriving in the consciousness of an ever-growing audience.
With other listings to come, including at MEXC in early May and the launch of platform features periodically throughout the year, with some experts speculating that $0.50 is an achievable goal by 2023. As new features continue to roll out over the in the coming years, including the groundbreaking Metagrants scheme incentivizing developers from Metacade’s community, there is a possibility that $3 will be achievable by the end of 2025. Some predictions even indicate that MCADE could rise above $10 as the platform and blockchain game mature .
Metacade vs. Polygon Price Prediction: Which One Should I Buy?
Many early-stage crypto projects have produced impressive returns for investors, and Metacade looks set to be no different. The transition to blockchain games provides some impetus for the Polygon price in the coming months and years. However, these returns pale in comparison to those potentially available with MCADE, which has a massively lower market cap.
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Now might be an opportune time to at least consider buying MCADE, as the price is still low due to the platform being in its infancy. This allows investors to reap the potential rewards of the project becoming a blockchain game leader in the coming years.
You can find more information, including how to purchase MCADE, here.
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