The Ethereum price prediction 2023 looks like it will start to pick up once again, as investors are expecting some major price action for the ETH token into the long-term. While the Ethereum price prediction for 2023 is bullish, it is arguably not the best crypto to invest in right now.
On the other hand, if its presale is anything to go by, Metacade (MCADE) could easily post insane gains over the coming years, which makes it the number one best crypto to invest in for 2023 and beyond.
Metacade is, without a doubt, the best crypto to invest in
The Ethereum price prediction for 2023 looks bullish as the token is expected to start building some momentum after the merge took place in September 2022. While the current bear market is expected to continue for some time, the Ethereum price prediction 2023 is forecasting a trend reversal.
However, the best crypto to invest in during 2023 is Metacade. The MCADE presale was recently launched and over $3.5 million was raised in just over 9 weeks since the announcement. The project could rapidly become a key player in the GameFi revolution, and it is showing major promise in terms of future price action.
What is Ethereum (ETH)?
Ethereum is a layer-1 blockchain and the biggest ecosystem of decentralized applications (dApps) in Web3. The blockchain was initially built using a proof-of-work (PoW) consensus mechanism but was recently updated to a proof-of-stake (PoS) protocol during the merge in 2022.
Ethereum’s new PoS protocol allows for a more economical blockchain system that requires less computing power and is less taxing on the environment as a result. The key difference is that the mining process delegates to trusted participants, who are incentivized to behave in a trustworthy manner, instead of using an expensive system where nodes compete to mine blocks using their GPU power.
Ethereum is still one of the best cryptos to invest in, as it was the first Turing complete blockchain. This has led to Ethereum supporting over 2000 independent projects, as an increasing number of use cases have been found for blockchain technology due to Ethereum’s innovative solution.
Ethereum Price Prediction 2023: Will ETH reach $2500?
The Ethereum price prediction 2023 is more bullish than in 2022, when Ethereum suffered an 80% price reduction. The ETH token is expected to reverse this trend and could begin to climb back toward its previous all-time high at $4865.
ETH faces strong resistance at $1775. However, if the token can break through this price level, the next target is $2500 for the Ethereum price prediction 2023.
What is Metacade (MCADE)?
Metacade, which is the best crypto to invest in now, is a comprehensive gaming platform that brings classic arcade-style titles onto the blockchain. All Metacade games have integrated earning mechanics, allowing players to earn an income while playing some of the hottest titles in the GameFi sector.
The platform has been built by gamers, for gamers, and aims to become a hub for the Web3 community. Metacade can drive innovation in the blockchain gaming space through its Metagrants program, and will also give users the chance to kickstart a career in Web3.
How does MCADE work?
Metacade’s Play2Earn arcade will offer a range of different games for its community. Gameplay can be either casual or competitive, as users will also be able to enter paid entry tournaments for the chance to win exciting MCADE prizes.
The Create2Earn mechanic will reward users for sharing valuable information and contributing to the Metacade community. Contributions can include sharing alpha, posting game reviews, or interacting with other members, as Metacade aims to incentivize a buzzing platform that is brimming with useful information about Web3.
Metacade will also introduce a jobs board in 2024. This feature intends to connect users with full-time job opportunities at Metacade’s partner projects in Web3. Users will also have the chance to complete tasks, apply for short-time gig work, or land freelance roles through the Metacade platform.
Metacade is seeking to boost the overall level of innovation in the GameFi sector through its Metagrants program. This will give the community the chance to vote for the best new blockchain-based games proposals, directing Metacade to provide early-stage funding to support development and bring exclusive titles to the arcade platform.
Will MCADE reach $5?
Metacade has extremely high potential, which makes the presale a rare opportunity. MCADE is the best crypto to invest in now, especially since the presale is launching MCADE at a an early-bird low price.
The long-term price prediction for MCADE places it next to the biggest GameFi projects in the space, with $5 being a key target for 2025. In 2023, MCADE could hit the $1 mark as it begins to gain momentum for the long term. Without a doubt, Metacade is the best crypto to invest in at the current price level.
Is MCADE worth buying?
Metacade’s $5 target is a 250x price rise from the end of the presale, so it’s certainly a strong addition to any investment portfolio and by many accounts, is the best crypto to invest in during 2023. On the other hand, the Ethereum price prediction in 2023 could increase by 2x, with up to 10x gains forecasted for the next crypto bull market.
For investors looking to buy into the MCADE presale, it is worth knowing that the price is continually rising. MCADE was initially launched at $0.008 but will climb to $0.02 before the end of the event, which gives investors a limited time to get involved before it starts reaching higher price levels.
You can participate in the Metacade presale here.
The post Ethereum Price Prediction V/S Metacade: Which Is The Better Long Term Crypto Investment? appeared first on CoinJournal.
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Breaking News: Yuga Labs Founder Steps Down for Health Reasons
NFT Entrepreneur and Yuga Labs founder Wylie Aronow, creator of Bored Ape Yacht Club and CryptoPunks, Takes Time Off for Health.
NFT Entrepreneur and Yuga Labs founder Wylie Aronow, creator of Bored Ape Yacht Club and CryptoPunks, Takes Time Off for Health after CHF Diagnosis.
Yuga Labs Founder Steps Down
Wylie Aronow, one of the co-founders of Yuga Labs, recently announced that he will be taking a leave of absence from the company due to health reasons. In a tweet, he shared that he had been diagnosed with congestive heart failure. Aronow, who is also known by his pseudonym Gordon Goner, stated that the symptoms started last year and that he had delayed seeking medical attention so he could continue working. However, after undergoing testing, his doctor advised him to make significant changes to his lifestyle.
Aronow announced his departure from his role at Yuga Labs to focus on his health. In a statement, he stated that he would be taking a leave of absence to prioritize his well-being. Although he will no longer have a full-time position at the company, Aronow will continue to serve as a Board Member and Strategic Advisor, though the extent of his involvement in these capacities was not specified.
In a tweet, Aronow explained his departure. He stated that his chronic illness consumed most of his twenties and that he overexerted himself at Yuga Labs, working 12 hours daily. He regrets not finding balance, despite advice from those around him. Aronow’s priority now is to seek medical treatment and focus on healing.
Yuga Labs, with Aronow, gained recognition in early 2021. Aronow and co-founders Greg Solano (Gargamel), Zeshan (Sass), and Kerem (Tomato Ketchup) launched the Bored Ape Yacht Club (BAYC) NFT collection on April 23, 2021. The collection became a massive success. Although the NFTs were initially priced at .08 ETH per ape (around $190), they soon sold for over $100,000 on secondary markets.
Wylie remains a board member and advisor at Yuga Labs. In a Twitter thread, he expressed his confidence in Yuga’s future and the leadership of @cryptogarga. The addition of Daniel Alegre, soon-to-be former President and COO of Activision, further strengthens his positive outlook. Wylie also has a bright future ahead for his brand.