Despite being one of the oldest and most well-known crypto projects, EOS has been lagging behind the rest of the market in recent months. But what does the future hold for EOS? In this article, you will see EOS price predictions for 2023, 2024 and 2025, and find out why some people are predicting that Metacade’s MCADE token could go up 100x in 2023.
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The EOS Had One of the Worst Performances of 2022
EOS is a blockchain launched in 2017 that supports smart contracts. Lauded as one of the top “Ethereum killers”, EOS has risen to become one of the most valuable cryptocurrencies. However, despite remaining in the top 50 most valuable projects during the crypto winter, EOS has underperformed, to say the least. One only has to look at the EOS market cap to see that most crypto investors feel the same way. In 2018, its market cap reached $17.5 billion, more than the current market cap of Cardano (CoinGecko). However, despite a tremendous bull run in 2021, it was briefly at $13.5 billion in May before plummeting to $3.5 billion the following month. But why has EOS growth been disappointing? Many investors are concerned that EOS does not offer anything different when compared to many other layer-1 solutions on the market. Additionally, many cite the high centralization among validators and numerous problematic hacks as a reason for stepping away from the project.
EOS (EOS) Price Prediction
While much of the market has suffered during the current crypto winter, EOS appears to have been one of the biggest losers. It has dropped nearly 95% from its May 2021 high to its November 2022 low, though it has risen 43.5% since the crypto winter began to pass in January. Many EOS price predictions have benefited from the projected 2023 bull run, but they still lag well below many others such as Metacade. The maximum predictions for the price of EOS in 2023 are around $1.80, more than 63% above the current price of $1.10. After that, the price predictions for EOS for 2024 and 2025 are $2.93 and $5.09. While these aren’t terrible returns, many projects should offer much higher profits by the end of the year. One such project is Metacade.
Metacade (MCADE) Must Dominate Play-To-Earn
Metacade is a community hub designed to be a central point for everything related to play-to-earn (P2E) gaming. GameFi is expected to go mainstream in 2023 as more players join the P2E revolution, and Metacade will be the best place to meet other players, learn how to advance in the latest P2E games, and even play a direct role in determining the future of the industry. There will be forums to discuss the latest P2E games, live chats to discuss strategy and share tips, and spaces to read about the most amazing GameFi alphas posted by P2E veterans. One feature drawing a lot of attention to Metacade during its pre-sale is its rewards system, where users can earn MCADE directly for contributing to the platform and interacting with others. Perhaps the most revolutionary feature is Metacade’s Metagrants initiative, which will launch this fall. This scheme will allow developers to propose game ideas for the community to vote on. The project with the most votes wins funding from the Metacade treasury to produce the game, with the final game being added to Metacade’s virtual arcade. Developers even have the option of using the platform’s native testing environment to receive feedback on their games. There are also plans for a decentralized autonomous organization (DAO), a pay-to-play virtual arcade, and regular community events to keep users engaged. Recently, Metacade gained approval from Certik, one of the leaders in blockchain auditing and transparency, further enhancing its reputation with potential investors and users.
Metacade Price Forecast (MCADE)
These aspects have sent thousands of investors rushing to pre-sale MCADE tokens, with over $9.1m invested in the project in just 15 weeks after launch. When the pre-sale ends, MCADE will be worth $0.02, but some analysts are making bold predictions, claiming that the token could reach $2 by the end of 2023 – meaning 100x returns in less than a year! In 2024 and 2025, many experts predict that with P2E gaming taking off, the price of MCADE could skyrocket to $4.50 and $6 respectively. For one-off projects like Metacade, getting returns like this is certainly not out of the question.
Metacade (MCADE) can be a Much Better Investment
In summary, EOS has suffered a lot during the recent crypto winter, and ultimately doesn’t seem to offer much in the way of innovation or potential growth. Metacade, on the other hand, is the opposite of that. It is positioning itself to be a leader in the P2E industry, offering revolutionary features that gamers should find incredibly valuable. Furthermore, the expected growth of GameFi in 2023 and the longer term could be a huge catalyst for Metacade’s user base to grow rapidly, driving up the price of MCADE in the process. If you want to participate before this increase happens, be quick. MCDE Tokens are currently priced at $0.017 pre-sale, and time is running out to get the tokens at such a low price. Forget EOS price predictions as Metacade could be a much better investment.
You can buy EOS (EOS) on eToro here.
You can participate in the Metacade pre-sale here.