Metacade (MCADE) Skyrockets while Solana (SOL) Struggles to Gain Momentum

After being cited as one of the must-have cryptocurrencies during 2020 and 2021, Solana, the layer-1 blockchain and Ethereum competitor, has seen a rough 2022. In quick succession, the price fell from its peak of almost $250 in November 2021 to its current value of $14. 

Meanwhile, Metacade's presale has been gaining plenty of traction with the price set to skyrocket at the end of this year and move into 2023. While Solana price predictions suggest sluggish growth at best, there are definitely a lot of potential gains investors could make with MCADE. 

What is Metacade?

Metacade is a project that is set to revolutionize the metaverse and blockchain gaming experience. The platform will host a community-led gaming hub incorporating create-to-earn and play-to-earn opportunities for gamers and developers alike. So, instead of a single gaming title, Metacade users have a whole catalogue of games at their disposal.

Unlike most other metaverse projects around right now, Metacade keeps the focus on the gamers and the community itself. In fact, Metacade relies on community engagement to determine the direction of the hub with members given voting rights on project applications and how the community develops via the native token MCADE.

How does Metacade Work?

Metacade is a community-led arcade that removes the traditional reliance on big gaming corporations by listening to the needs of their gamers and putting the power in the hands of the community members. This provides enormous potential for developers, investors and gamers of all stripes.

The MCADE token is the currency on which Metacade's ecosystem is built. MCADE has a number of different case uses. Investors can purchase and stake MCADE coins, while gamers earn MCADE each time they play one of the games on the hub. Gamers can compete in tournaments, climb leaderboards, or play casually against family and friends. In addition, users can gain rewards through other contributions to the ecosystem, such as testing games and providing feedback to developers, sharing GameFi knowledge, and writing game reviews.

Developers can apply for Metagrants to support the development of their gaming projects. These are voted for by the community users meaning that only those games that users feel will add value to the hub will go into development.

Why Solana (SOL) is Struggling

During the most recent bull market, Solana picked up some enormous momentum as it was seen at the time as a genuine competitor to the crypto market leader Ethereum. The system's lightning-fast transaction speeds and low costs saw them make real inroads into NFT spaces and DeFi. Ethereum's new release has severely dented these advantages that Solana previously held, thus eating into the desirability of SOL amongst investors and slowing Solana price predictions.

Several security breaches and power outages have severely hampered Solana. Hacks, including the breach that hit the lending platform Mango Markets, saw more than $100 billion wiped off the currencies' value.

SOL suffered a loss of around 25% of its total value locked on Mango Markets due to the crash, thus hugely denting investor confidence in SOL. To date, there is no evidence of that confidence being regained. And price predictions for Solana suggest that any growth will be prolonged with no real sign of its November 2021 height coming back any time soon.

Why MCADE Looks a More Secure Investment Than SOL

In the world of cryptos, investor confidence is critical. No one wants to invest in any insecure or vulnerable projects. And in all the ways that count, Metacade is proving itself to be more secure and more stable than Solana.

Metacade's model doesn't rely on the same links and bridges between blockchains that Solana does, meaning that it's much less susceptible to hackers. Instead, Metacade uses the potential of blockchain and the metaverse to build a secure, community-led ecosystem. 

Indeed, Metacade's multi-signature wallets will protect users and their assets while multiple signatories or key holders preserve the platform's treasury. Two or more of these will be required to approve and send transactions, thus building consumer confidence far more significant than users have in Solana, something that is reflected in the sluggish Solana price predictions.

All of this makes Metacade a project with real longevity that will continue to attract users as the project grows. As a result, the potential gains to be made from MCADE appear to be much greater than Solana price predictions suggest.

Why MCADE Could be the Future

The community-led basis of Metacade is a new way of using blockchain and the metaverse with the users in control of how the hub evolves rather than a series of venture capitalists. This potential for sustainable growth, along with the confidence of security, makes Metacade an extremely attractive proposition to seasoned and casual investors alike.  

Indeed, early investors may even make a return during the MCADE presale. The presale begins at 125 MCADE per $1 and will increase to 50 MCADE per $1 in its final stage. The sooner investors jump in, the better.

You can participate in the Metacade presale here.