Why Metacade (MCADE) is skyrocketing in Presale as Monero (XMR) keeps struggling

Why Metacade (MCADE) is skyrocketing in Presale as Monero (XMR) keeps struggling
Published on

Monero has earned its reputation as one of the leading privacy-focused coins out there. But the performance of its XMR token has been poor through much of 2022. And while XMR is starting to slip, newer projects like Metacade are starting to outpace it.

So why is MCADE skyrocketing while Monero struggles? This article will break it down in the sections below. Keep reading to learn more.

What is Metacade (MCADE)?

Metacade is Web3's first virtual arcade hosting a whole array of games with a focus on P2E and the gamer community. It's home to many of the best GameFi and P2E projects on Ethereum. Users can access those games in the Metacade, which also acts as a social hub for friends to connect with one another while also helping gamers meet new friends to play with.

The platform is powered by its native MCADE token. The coin acts as a voting tool for the project's governance. Metacade will also bring many exciting money-earning opportunities to its users. Players can earn income by playing P2E games, staking MCADE tokens, posting content that gets engagement from the community, and more.

It will even be possible to connect with Web3 employers in the Metacade. This level of ambition is what makes Metacade such a promising project and one that's worth watching as the next crypto market cycle approaches.

Metacade will be more successful than Monero – Here's why

With an understanding of how innovative and disruptive Metacade is, it's easy to understand why its presale has gotten off to a fast start. As such, the project should continue outperforming XMR moving forward. Here are three key reasons why.

Monero Has a Limited Use Case

Monero is a crypto asset that focuses exclusively on preserving privacy. It's meant to give people the ability to send money privately to anyone they choose without having to worry about that information becoming public.

While this is a great use case, investors should recognize that it's still a relatively small one. There isn't a high demand for it, which means that not many people have a reason to buy the token, so its price likely won't go up very much.

Metacade Has Something to Offer Everyone

A lot of Web3 and GameFi projects offer a single game or idea to keep people coming back. Metacade, on the other hand, has a huge variety of things to do, ways to get involved in the online community, and a vast catalogue of games to play. 

Metacade is setting itself up to be a platform where gamers can come together and bond over the best GameFi and P2E titles out there. People will even be able to enter competitive tournaments and prize draws in the Metacade.

With tons of use cases, MCADE price is expected to move up for a while. Users can earn MCADE by playing GameFi games in the Metacade, winning tournaments, getting lucky in prize draws, and just contributing to the communit

Players can use their MCADE in for governance voting, entering events, and more. Comparatively XMR doesn't have many organic use cases, given its niche industry.

The point is that there is something for everyone to do on this platform. That should help it attract a large user base, which should, in turn, be beneficial to the price of MCADE over the coming months and years.

Metacade is in a More Appealing Stage of its Development

Before making an investment decision, it's important to think about the different stages that these projects are in. Monero has been around for a few years now so it's quite possible that the XMR coin's best days are already behind it.

Metacade, on the other hand, is just getting started. That means that it has enormous potential for imminent and rapid growth. Pair that with Metacade's ambitious roadmap, the opportunities for Metacade to grow into something substantial are much bigger. In fact, by the time its presale ends, it'll already have a market cap of around $28 million. That leaves plenty of upside for investors to benefit from. 

Metacade (MCADE) is, without doubt, the better investment opportunity

XMR is a solid token with a great history but the Monero project still doesn't have any big ways to expand its case use in the coming future. As such, it doesn't really show any signs of outperforming other crypto assets over any length of time.

By contrast, Metacade is just beginning its upward trajectory and is only picking up steam. It fits well into the GameFi landscape as a platform with a clear niche and interested users. As such, many are expecting it to emerge as something like Steam for Web3 and crypto games. That's why the comparison is clear with MCADE having far and away the most potential. 

You can participate in the Metacade pre-sale here.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net