Following the crypto crash of 2022, many tokens are currently sitting at heavily discounted prices. If you’ve been doing your due diligence, you might’ve heard good things about Solana and Fantom. You might’ve even heard about Metacade, a new token that’s been attracting substantial attention as of late.
In this article, we’re going to give a Solana price prediction followed by a Fantom price prediction. Then we’ll be discussing how Metacade stacks up against these two players before concluding which one you should consider investing in.
Solana (SOL) Price Prediction
Solana is one of the leading Ethereum competitors on the market today, holding the ninth spot as one of the most valuable projects by market cap. Like Ethereum, it offers smart contracts that are used to power various decentralized projects built on the Solana chain.
Where it differs, however, is in its transaction speeds. By combining proof-of-history (PoH) and proof-of-stake (PoS), Solana offers theoretical speeds of up to 710,000 transactions per second (TPS), as per the Solana documentation. Even after the merge, Ethereum only manages around 30 TPS (ethtps.info).
This was partly the catalyst for Solana’s epic run in 2021, where it peaked at $259. Nowadays, it’s worth around $28. As far as Solana price predictions go, the area around $140 will likely be the next major obstacle. If it can get above $200, it’s very likely we’ll see prices up into the $500 area, potentially even breaking the $1000 mark.
Fantom (FTM) Price Prediction
Fantom is another Ethereum competitor aimed at solving the high costs and slow speeds that plague the Ethereum chain. It uses a directed acyclic graph blockchain, resulting in transactions that take mere seconds while costing a fraction of a dollar. Fantom makes an excellent investment if you want to diversify your smart contract blockchain investments.
Fantom peaked at $3.48 in October 2021, but has since tumbled in the crypto crash of 2022. It’s now worth just $0.20 today. In terms of a Fantom price prediction, FTM would need to break above $1.66 for fresh highs to be made. At that point, it’s probable we’ll see FTM at least hitting the $10 mark. Past that, prices could go as high as $15 in the next bull cycle.
What is Metacade (MCADE)?
Metacade is a community hub with big plans to be one of the leading platforms at the cutting edge of Play2Earn and metaverse gaming. It’s a platform for like-minded individuals to link up, explore the latest Play2Earn games, and give their gaming income a boost.
Metacade is packed with features that are sure to electrify the gaming community. For a start, you’ll be able to find reviews, leaderboards, GameFi alpha, chat rooms, and dedicated forums that help anyone make their foray into the world of Play2Earn. To cultivate a collection of the best Play2Earn know-how in Web3, Metacade rewards players with the MCADE token whenever they contribute reviews, alpha, or other content, meaning you can get paid for simply sharing your thoughts and expertise.
Sharing rewards and tips on maximizing your in-game income aren’t the only ways you can earn with Metacade, however. You can also use your MCADE tokens to enter prize draws and exclusive tournaments to go head-to-head in your favorite games. Further, Metacade will be launching a job board in 2024 where community members will be able to find gigs and long-term work on the platform. It’s set to feature casual testing work, internships, and even senior roles with Web3’s most innovative companies.
Most excitingly are the Metagrants set to launch in 2023. A Metagrant is a funding tool that enables the community to vote on the games they want to see built. Developers will post their ideas into a pool of competing projects and the winner will recieve financing to create their vision with the support of the game’s most avid fans. Ultimately, Metacade will have its virtual arcade filled with only the best Play2Earn games, as voted for by the community.
Metacade (MCADE) Price Prediction
Given that the GameFi industry is set to expand from a $1.5 billion industry in 2021 to a $50 billion industry in 2025 (Crypto.com), Metacade is primed to ride the wave and deliver some hefty gains over the coming years. The Metacade presale finishes at $0.020 per token and has a circulating supply of 1.4 billion tokens, giving it a launch market cap of $28,000,000.
Bearing in mind that, during bull markets, tokens often see a market cap of hundreds of millions, even billions, we can give an estimate on where MCADE might end up. If Metacade can reach a $500 million market cap, a feat achieved by many tokens in 2021’s bull run, then that would give MCADE a price of about $0.35 – an approximate 12x return, a 1,200% increase!
If Metacade successfully follows through on its plans, then we could see it hitting a $3.5 billion market cap. This is a conservative figure, given that other leading GameFi and metaverse projects have attained $7-10 billion market caps in the past. At these levels, one MCADE token would be worth $2.50 – soaring from its presale launch price in the process.
Solana (SOL), Fantom (FTM), or Metacade (MCADE): Which One Should You Invest In?
With these figures in mind, our Solana price prediction and Fantom price prediction are clearly lagging behind the returns that Metacade could offer. The GameFi industry is rapidly growing and is set to take the gaming sector by storm over the next few years. With Metacade’s clear strength as a metaverse gaming powerhouse and its goal to position itself as a leader early on, it could quite easily attract hundreds of thousands of players interested in GameFi, pushing up the MCADE price in the process.
If Metacade can reach our relatively conservative estimate of a $3.5 billion market cap, investors who got in at the end of presale would see unbelievable returns. But the earlier you buy, the greater your returns. If you buy at the start of presale, then you’ll get 125 MCADE tokens for $1 vs. 50 MCADE tokens for $1 at the end of presale. This could more than double your overall profit simply by getting in sooner rather than later!
You can participate in the Metacade pre-sale here.