Along with Bitcoin, Dogecoin is surely one of the cryptocurrencies that even your parents and grandparents have heard of. It was all over the place in 2021, but after a stunning drop in a down market in 2022, many crypto investors wondered if Dogecoin would recover. The answer is certainly uncertain, but a new project called Metacade is catching the attention of the Dogecoin community.
In this article, we will look at whether Dogecoin will rebound and why the project. Metacade could soon surpass the first of the meme tokens.
Will the value of Dogecoin increase? Probably
The Dogecoin (DOGE) made headlines in 2021, after a series of tweets from Elon Musk sent DOGE soaring to incredible heights. The token meme was even recently seen on an episode of Rick and Morty! But among those who missed DOGE’s epic rise in 2021, many are wondering if Dogecoin’s price will rise again.
Although not widely used in the real world, Dogecoin has found favor with investors in the cryptocurrency market and with tech giants like Google, which recently announced it would accept Dogecoin as a payment method. for cloud services. Given that the price of DOGE appears to have reached a new low, investors may soon be rewarded with confidence in this number one meme token.
So, will Dogecoin go back up? It’s hard to say. But considering that it retains a loyal fan base and trades well below its peak of $0.74 at a value of $0.058 in October 2022, there is strong possibility that DOGE will rise again in the next cryptocurrency bull market.
What is Metacade (MCADE).
Metacade aims to become the community center of reference, in the. the heart of the next gaming revolution. It is a platform where gamers, cryptocurrency investors, Web3 enthusiasts, developers and entrepreneurs will be able to discover the extraordinary world of GameFi.
Metacade’s main challenge is to play a key role in the GameFi sector. This project aims not only to become the number one destination to learn and earn more through Play2Earn, but also to encourage the most talented developers in the industry to create new games and help gamers find work with their passion.
Why are investors interested in Metacade (MCADE)?
A community-centered vision
The Metacade project team wants the gaming community to influence the entire industry. Without this community, the gaming industry would not exist. Designing a community-driven platform is at the core of Metacade’s philosophy. It doesn’t matter who uses the platform, Metacade wants to offer its users exceptional value at every step.
This starts with allowing users to directly benefit from the value they bring to the Metacade platform.. Traditionally, platforms encourage their users to give feedback or help each other without rewarding them, and in this case, it is the platform that receives the value generated. In contrast, with Metacade, if you post comments, share an alpha or generate content that helps other community members understand the world of GameFi, you will be rewarded with MCADE tokens for your contribution.
Funding of community securities
Rewarding users is just the beginning. Metacade’s value creation doesn’t stop there. In 2023, Metacade will launch Metagrants, a way for the community to decide which games they want to see developed.. Developers will submit their game ideas to the contest and Metacade users will vote. The winner will then receive funding from the Treasury. The lucky winner will even be able to use Metacade’s integrated testing system to gather feedback from users who are most passionate about their development project.
Work and play on the same platform
Metacade will offer users many opportunities to increase their income through Play2Earn, but its plan to launch a job board in 2024 could completely replace some gamers’ normal income. With Metacade, you can find work, whether it’s testing new games for a few hours a week or a senior developer position at a major Play2Earn game studio. Even if your talents are different, you’re sure to find an opportunity that suits you with Metacade.
Giving freedom to the community
The Metacade community will one day be poised to expand and become a decentralized autonomous organization (OAD).. At that time, the Metacade core team will withdraw and allow community members to take their place. The Metacade community will then be fully autonomous and will be the first player-owned virtual gaming center.
Will Dogecoin (DOGE) go back up? Metacade (MCADE) could go even higher.
Will Dogecoin (DOGE) go up again? Obviously, yes, probably. However, for DOGE to return to its 2021 level, it is logical to assume that it would take a media hype of the same magnitude or even greater to stimulate DOGE’s growth. This may happen, of course, but the saying goes. Lightning rarely strikes in the same place.
Metacade, meanwhile, has all the makings of starring in the same meteoric rise. Not only does it have the potential to develop a large community, but it actually offers real utility that goes far beyond a simple meme token. While Dogecoin was heavily fueled by Elon Musk speculation, the Metacade project will build on the exponential growth that the GameFi industry will undeniably experience in the coming years. If the Metacade project can follow the same success story as Dogecoin, then. could easily dethrone DOGE and become one of the most talked about tokens of 2023.
So, as a conclusion, to the question of whether Dogecoin is likely to regain value, the answer is yes, probably, But not as much as Metacade is going to gain.
You can buy Dogecoin on eToro here.
You can participate in the pre-sale of Metacade. here.
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