The turmoil experienced across crypto markets in 2022 appears to have begun to settle, with price volatility subsiding and token prices across the board starting to stabilize. Established coins, such as UNI, the native token for decentralized exchange Uniswap, are seeing a period of price stability as crypto markets settle down, which is something that may be reflected in the Uniswap price prediction for the remainder of 2023.
Some crypto projects, such as the new crypto-gaming platform Metacade, are belying the market’s stability to gather tremendous momentum during their presale events. Leading experts are launching optimistic price predictions for the exciting new blockchain ventures, including Metacade.
What is Metacade (MCADE)?
Metacade is a brand-new play-to-earn (P2E) social hub that aims to become a standard-bearer for Web3 gaming as a community hub where gaming enthusiasts and crypto fans come together to explore the world of GameFi like never before. The platform’s primary offering features a one-stop shop for the widest range of classic arcade titles alongside the best in Web3 gaming while offering unrivaled P2E mechanics.
Outside of the traditional GameFi P2E capabilities, Metacade is incentivizing community building by rewarding all members each time they post content to the hub, through game reviews, alpha, and live-chat forums via their Create2Earn scheme, and by climbing leaderboards as part of their exciting Compete2Earn initiative.
Metacade’s offering to fans of gaming and crypto extends well beyond building a virtual gaming arcade where they can hang out with like-minded individuals. For example, the ground-breaking Metagrants scheme forms part of their plans to devolve full power and control of the platform’s governance, finance, and future to the community’s members.
Every MCADE token holder can vote on applications for funding from developers who want to design new titles exclusively for Metacade. The most popular ideas are granted funding to help the creation of these new titles.
This illustration of Metacade’s rich and diverse roadmap, which highlights aspects that make it a good long-term investment, has gained the attention of thousands of crypto and gaming fans, who are flocking to invest in what is quickly becoming the hottest GameFi platform of 2023. Currently in stage 4 of its presale and raising more than $7m, MCADE looks like it is preparing to soar to new heights.
What is Uniswap (UNI)?
Uniswap is a decentralized exchange that removes the need for a centralized third party to enable the trade of cryptocurrencies. Using the Ethereum network, Uniswap’s native crypto token UNI rewards those that provide liquidity to the exchange. Meanwhile, its use as a governance token empowers users to vote on the exchange’s future direction, making UNI a more attractive long-term investment option.
The 2021 bull market catapulted Uniswap up the crypto rankings with the decentralized nature of the exchange, allowing users to list and trade tokens unavailable on centralized exchanges like Binance or Coinbase. With the platform powered exclusively by smart contracts, users can create unique trading partnerships in a novel process known as swapping.
Trust in centralized exchanges has been negatively impacted by the crash of FTX in November 2022, which has resulted in a massive increase in active wallets using Uniswap’s versatile offering instead. A recent partnership with Moonpay has allowed users to buy crypto on Uniswap using credit cards in a ground-breaking move that increases accessibility to a new generation of potential crypto investors.
While this suggests UNI will be a good long-term investment, Uniswap price predictions remain more moderate than MCADE, which looks set to skyrocket.
Uniswap price prediction
Uniswap is currently trading at $6.92, a fraction of its previous all-time high of $44.97 achieved in 2021’s bull market. Current Uniswap price predictions indicate that UNI will rise to around $8.41 by the end of 2023, offering investors wanting to purchase UNI tokens today access to moderate gains.
Longer term, the price of UNI in 2025 looks set to increase to around $19.14, an movement of just under 3X from its current position.
Metacade price prediction
Metacade is available during its presale event at $0.014 per token, an amount set to increase with each round of the presale to an eventual value of $0.02 when it gets listed on decentralized and centralized exchanges.
Predictions are that MCADE could increase by 10X in 2023 as demand for the token likely surges after the presale momentum spills over into the wider public consciousness, with price predictions of $1 being forecast in some quarters.
Longer term, with the GameFi market set to grow by around 70% year-on-year between now and 2027, the potential for Metacade to become a market leader in the crypto-gaming space is clear. Many experts predict that the price of MCADE could reach $5 by 2025 and continue to rise towards the end of the decade.
MCADE looks set to hit new heights in 2023
Uniswap’s future looks set to provide moderate levels of growth in 2023 and beyond as it looks to position itself as a leading decentralized exchange. Price predictions suggest a far more stable level of growth than the projected explosion in the price of MCADE this year, which is good news for existing UNI token holders.
However, bullish investors looking for huge gains could stand to profit richly from investing in the MCADE presale before the token hits exchanges and goes fully viral. With each round of the presale expected to sell out fast, acting now to avoid disappointment is important.
You can buy Uniswap (UNI) at eToro here.
You can participate in the Metacade presale here.
Source: https://invezz.com/news/2023/02/21/uniswap-price-prediction-stable-while-metacade-hits-new-heights/