Along with Bitcoin, Dogecoin is one of the cryptocurrencies that even your parents and grandparents must have heard about. It was everywhere in 2021, but after a dramatic drop in the 2022 bear market, many crypto investors were left wondering, “Will Dogecoin rise again?” While the answer is ultimately uncertain, a new project called Metacade has attracted a lot of attention from the Dogecoin community. In this article, we will discuss the question, “Will Dogecoin go back up?” and why the Metacade may soon take the place of the biggest “meme coin”.
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Will Dogecoin (DOGE) Rise Again? Probably…
Dogecoin (DOGE) leapt into the public eye in 2021 after a series of tweets from Elon Musk sent DOGE soaring to incredible heights. The meme token even had a cameo in an episode of Rick and Morty recently! But for those who missed out on DOGE’s epic 2021 rally, most have been asking, “will Dogecoin go back up?”; Despite having little use in the real world, Dogecoin has gained some respect among crypto investors and tech giants, with Google having recently announced that it will accept Dogecoin as a payment method for cloud services, according to FxStreet.com. Given what appears to be a floor in DOGE’s price, investors may soon be rewarded for their faith in the number one meme coin. So, will Dogecoin go back up? Ultimately it is impossible to say. But taking into account that it still maintains a loyal basis and is trading well below its high of $0.74 USD, at a value of $0.058 USD in October 2022, there are a high chance that DOGE will rally in the next bullish crypto market.
What is Metacade (MCADE)?
Metacade is getting ready to be a community that is placing itself at the center of the gaming revolution to come. It is a platform where gamers, crypto investors, Web3 enthusiasts, developers and entrepreneurs go to explore the GameFi world.
Metacade’s Main Goal is to be a key driving force in the GameFi industry. Not only does it aim to be the number one destination to learn about and profit from Play2Earn, it will also nurture the most talented developers in the industry, and help players find their place working with their passion.
Why Investors Are Interested in Metacade (MCADE)
A Community-Centric Vision
The team behind Metacade understands the impact the gaming community has on the industry as a whole. To put it simply, without a community, there is no gaming industry. That’s why building a platform by putting the community first is at the heart of Metacade’s philosophy. Regardless of the reason for using the platform, Metacade is intent on offering its users exceptional value every step of the way.
Giving Back to the Players
Part of that plan is to allow users directly benefit from the value they place on the Metacade platform. Traditionally, platforms encourage their users to review or help each other without rewarding them for doing so, making the platform capture all the value generated. Instead, on Metacade, if you post a review, offer some alpha, or generate content that helps others understand the GameFi world, you will receive the MCADE token for your role contributing to the community.
Funding Bonds With Community Support
Rewarding users is just the beginning of Metacade’s value proposition. In 2023, Metacade is launching Metagrants, a way for the community to decide which games it wants to be developed. Developers will enter their ideas into a competition in which Metacade users can vote, and the winner will receive funding from the treasury. Winning developers can even utilize Metacade’s native testing environment to gather useful feedback from the project’s most passionate users.
Work and Play on the Same Platform
Metacade offers many opportunities for users to boost their Play2Earn earnings, but they plan to launch a job board in 2024 that could serve to replace all of players’ regular income. Using Metacade, you can find a variety of jobs: from testing games for a few hours a week, to a senior developer position at a Play2Earn game studio. Even if your talents are different, you are sure to find an opportunity that suits you at Metacade.
Letting the Community Take Control
Eventually, there will come a time when the Metacade community will be ready to spread its wings and become one centralized autonomous organization (DAO)🇧🇷 When that happens, the core of the Metacade team will step down and allow community members to take their places. When that happens, the Metacade community will have complete autonomy, forming the first virtual arcade in the world owned by players.
Will Dogecoin (DOGE) Rise Again? Metacade (MCADE) Can Go Even Higher.
As has been established, the answer to “will Dogecoin go back up?” it’s probably yes. But for Doge to again deliver profits like those seen in 2021, it’s logical to assume that the same hype, or more, would be needed to drive a DOGE rally. Although this can happen, expecting new tricks from an old dog is questionable, to say the least.🇧🇷 Meanwhile, Metacade is poised to see the same epic growth. Not only does it have the potential to grow a massive community, it actually offers something more than just being a meme token: utility. And while Dogecoin was driven purely by speculation, Metacade will be driven by the exponential growth the GameFi industry will see in the coming years. If Metacade goes the way of Dogecoin, then it could easily take the place of DOGE and become one of the most talked about tokens of 2023.
In short, will Dogecoin go back up? Probably, but not as much as Metacade.
You can buy Dogecoin on eToro here🇧🇷
You can participate in the Metacade pre-sale here🇧🇷
