Metacade (MCADE) Presale Set to Soar as Enjin (ENJ) Coin Price Cannot Recover
With its presale underway, the metaverse arcade hub Metacade (MCADE) is poised to overtake more established coins such as the Enjin (ENJ) coin as it gains traction in popularity. While pieces such as Enjin have dropped significantly since their heyday, Metacade enters the Gamefi market at the perfect time to find success.
What is the Metacade?
Fully decentralized, the direction of Metacade will be chosen by the users themselves, as will game developers who will receive grants, called Metagrants, to develop their ideas. Metacade users will be able to communicate directly and in real time with other players, as well as with developers. This puts an unprecedented amount of control in the hands of the users themselves to shape the future of metaverse gaming.
How does Metacade work?
Metacade’s utility token, MCADE, will allow users to access everything in the metaverse arcade. In addition to being able to purchase MCADE tokens, users can earn them by completing various tasks, such as writing reviews, publishing better alpha games, and testing games in development.
Like Enjin coins, Metacade tokens can be used as both an access point and an investment opportunity. But unlike coins such as the Enjin coin (ENJ), Metacade avoided the crypto crash and is set to show year-on-year gains.
What makes Metacade so unique?
Part of Metcade’s appeal, and what makes it unique, is that it’s not tied to any particular game in the Metaverse. Instead, it will be a hub for metaverse gaming, with plenty of opportunities to play to win. It will feature a ranking of the best Play to Earn games, directing users to new opportunities as they arise. This way, Metacade can avoid any loss in value due to the popularity of a single game. This differentiates it from other metaverse tokens like the Enjin coin and insulates it from the ups and downs of gaming market trends.
What is the better investment, Metacade (MCADE) or Enjin (ENJ)?
Although the Enjin coin has enjoyed popularity due to its appeal to the game, it has, like so many other others, has dropped dramatically from its previous highs and is struggling to get back on track. In November 2021, the Enjin coin reached a high of over US$4.00, a remarkable jump as it had spent much of the previous 4 years around $0.02. The crypto winter, however, took down Enjin (ENJ) along with the rest of the market, and now the once-vaunted utility token has settled around $0.40. Although it is expected to increase over the next 5 years, experts to predict it may take even longer to get closer to its climax.
Metacade (MCADE), on the other hand, is expected to grow along with the gaming market. And anyone who has paid attention knows that the future of gaming is strong, with GameFi continuing to grow in popularity and appeal. As Metacade will be tied to the future of the game itself rather than the popularity of a single game, it shouldn’t ascend in value with the gaming market, despite a lack of growth in other cryptocurrencies or even the broader economic market as a whole.
Metacade (MCADE) vs. Enjin (ENJ)
Enjin showed a glimpse of what a decentralized gaming system within the metaverse can do, both in its rise in value and popularity over the years. Enjin support in-game purchases allowed players to create, trade, and use items across various game ecosystems, bringing the idea of a connected metaverse game system that much closer. The increase in the price of the Enjin coin is a window into the value of utility tokens in the metaverse gaming universe. Its fall and struggle to rebound is also a warning about the vulnerability of crypto tokens when faced with limitations.
Metacade will usher in a new era of metaverse gaming, an era where there are few limitations on what a utility token can offer. As GameFi’s hub, Metacade and its utility token will be able to access multiple games across the metaverse, as well as offer new games chosen and tested by the gaming community. This will open doors for game developers who might not have otherwise received funding due to corporate overlords.
It will aggregate the best GameFi opportunities and introduce more daily, keeping its value fresh. While the Enjin coin and others have shown what tokens in the gaming universe can aspire to, Metacade should be able to surpass them in functionality and value, making it one of the best opportunities in the upcoming GameFi boom.
You can participate in the Metacade presale here.
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