Along with Bitcoin, Dogecoin is one of the cryptocurrencies that even your parents and grandparents must have heard of. It was all over the place in 2021, but after a dramatic drop in the bearish 2022 market, many crypto investors were left pondering, “Is Dogecoin going to 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 up again?” and why the Metacade could soon take the place of the biggest “meme coin”.
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Will Dogecoin (DOGE) Rise Again? Probably…
Dogecoin (DOGE) jumped 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 rally in 2021, most have been asking, “Will Dogecoin come back up again?”; Despite having little real-world utility, 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 the DOGE price, investors may soon be rewarded for their faith in the number one meme coin. So, will Dogecoin go up again? Ultimately, it’s impossible to say. But given that it still maintains a true base and is trading way below its $0.74 high at a value of $0.058 in October 2022, there is a high chance that DOGE will re-rally in the next bullish crypto market.
What is Metacade (MCADE)?
Metacade is shaping up 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 world of GameFi.
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 gamers find their place by working with their passion.
Why Investors Are Interested in Metacade (MCADE)
A Community Centered View
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 Players
Part of that plan is to allow users directly feel the benefits of 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 world of GameFi, you will receive the MCADE token for your role in contributing to the community.
Funding Bonds With Community Support
Rewarding users is just the beginning of Metacade’s value proposition. In 2023, Metacade is releasing Metagrants, a way for the community to decide which games they want 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. Successful developers can even utilize Metacade’s native testing environment to gather useful feedback from users most passionate about the project.
Work and Play on the Same Platform
Metacade offers many opportunities for users to boost their earnings from Play2Earn, but they plan to launch a job board in 2024 that could serve to replace all of the 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 role at a Play2Earn game studio. Even if your talents are different, you are sure to find an opportunity that suits you on 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 a centralized autonomous organization (DAO). When that happens, the core Metacade team will step down and allow community members to take their place. When that happens, the Metacade community will have full autonomy, forming the world’s first player-owned virtual arcade.
Will Dogecoin (DOGE) Rise Again? Metacade (MCADE) Can Rise Even Higher.
As established, the answer to “Is Dogecoin going to go up again?” it’s probably yes. But for the Doge to again deliver profits like those seen in 2021, it is logical to assume that the same hype, if not 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 set 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 years to come. If Metacade follows the same path as 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 rise again? Probably, but not as much as Metacade.
You can buy Dogecoin on eToro here.
You can participate in the Metacade pre-sale here.