Investing in the right crypto projects now could make you sizeable returns in 2023 and beyond, as bearish sentiment reverses and the next bull market returns. Two options that have been raising some comments in the crypto sphere are Metacade and Cardano.
In the sections below, we’ll examine why each of these projects has potential to climb the crypto ranks, and enjoy significant status as some of the top crypto gainers of 2023.
What is Metacade? What is Cardano?
Metacade aims to be a Web3 community hub that will connect gamers, friends, and colleagues of all backgrounds. People will be able to visit Metacade to play in competitive tournaments, try out the best GameFi games, and possibly take the next step in their careers. The site will bring together game developers and community members who are looking for work in Web3 but more importantly, all things gaming.
Cardano is a layer 1 ecosystem that’s similar to Ethereum. Offering particular advantages of Ethereum in terms of speed, it was designed over the course of several years and features some of the best technology of any layer 1 protocol out there.
Why They Could Be Metacade One of the Biggest Gainers of 2023?
Metacade is an up-and-coming project that has the potential to seriously shake up the existing gaming industry, and put itself squarely in the metaverse limelight. Here are four reasons why it could be one of the top crypto gainers of 2023.
Web3 Community Hub
One aspect of what makes Metacade truly unique is its commitment to becoming a community hub for everything Web3. It will be a place that everyone can visit to:
- Meet new like-minded people
- Look for possible job opportunities in gaming
- Play games – both pay to play and pay to earn
- Earn rewards from p2e but also tournaments and events
- And more to follow as the roadmap matures
With so many options available on Metacade, it essentially means that a variety of audiences in the cryptosphere will have good reason to connect with it. That’s a massive total addressable market that underscores just how large the scope of this project truly is.
More Than Gaming
There are plenty of GameFi projects. But most stop at just one title, or one theme. Metacade goes beyond gaming to bring together entrepreneurs, job-seekers, CEOs, and other career-oriented participants in the field of Web3 gaming.
The project will make it easier for game developers to find not only a gaming-focused market research group, but also for talented individuals to help in establishing a career in crypto. This is yet another great reason adding to why it could be a top gainer.
Enjoyable For All Skill Levels
Another reason why Metacade could be one of the biggest gainers of 2023 is that it’s not built for just a single type of gamer.
The protocol and setup will allow community members to run their own competitive tournaments to suit the interests of the most competitive gamers in Web3, which, alongside the other features of the platform, again raises its potential as a top performer in its sector.
Not just a place for hardcore gamers (or more grinding playstyles) – the platform will also be a great place for friends to hang out and play casual games while they chat, without having to get super competitive while doing so if they don’t want to. It’s offering a uniquely universal experience.
It’s a New Project
Finally, Metacade is a promising GameFi project that’s just getting started. With new projects comes a lot of new hype and interest – which is always a booster as far as crypto projects go. With the increasing attention Metacade is receiving at the moment, particularly leading up to its presale – the possibility for creating a stable and sustainable platform increases as the investment potential goes up.
Being a new platform that is community-based, as well as plans to become community-led in the future – it has a ton of room left to run, whereas some of the other popular GameFi projects may have already seen their best days behind them, having reached their all-time highs in the last cycle. This is another great reason why Metacade could be one of the biggest gainers moving forward.
Why Might Cardano Be One of the Top Crypto Gainers of 2023?
With a market cap of more than $14 billion (at the time of writing), Cardano is already one of the largest crypto projects in existence. But it could also be one of the top crypto gainers of 2023. Here are three reasons why.
It Has a Massive Community
Cardano has a die-hard community of enthusiasts who have stuck with the chain through good times and bad.
When a crypto project has this kind of community on its side, it’s much easier for it to generate hype with new releases and take over comment sections across the internet.
This essentially means free marketing, which should play a big role in Cardano becoming one of the biggest gainers of 2023.
The Ecosystem is Primed to Explode
It’s also worth pointing out that the Cardano ecosystem is still relatively thin despite the main chain’s enormous valuation. But developers are working on this, which is another reason why it could be a top gainer soon.
If Cardano is already this big and it doesn’t even have a thriving ecosystem like Ethereum or Solana, then how big can it get when it does?
In 2023, more Cardano projects should be released than ever before. This will make the chain full of opportunities and increase the value of $ADA in the process.
It Has Great Tech
Finally, Charles Hoskinson, the founder of Cardano has spent many years researching the best crypto technology and bringing it to Cardano.
That’s led to some criticism since Cardano has been slow to introduce updates and new protocols. But it also means that Cardano has one of the most carefully-assembled technology stacks anywhere.
This means developers may be able to build more compelling products on top of Cardano, which is another reason why it could become one of the top crypto gainers of 2023.
Which One Should Top Your Investment List?
Each of these projects has the potential to be one of the top gainers of the next market cycle.
Cardano could be one of the top gainers because of its diehard community and exceptional tech stack, whereas Metacade could be one of the top gainers because of its community-focused approach, massive upside potential, and expansion outside the world of gaming.
But if we had to pick just one, we believe in Metacade. That’s because it’s a promising project that’s just starting out, whereas Cardano already has a valuation of nearly $15 billion. You can’t go wrong with either option. But Metacade really has the potential to be one of the top crypto gainers for the foreseeable future.
You can buy Cardano on eToro here.
You can participate in the Metacade Pre-sale here.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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