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In this article, we’re going to look at where Tron, Polygon, and Metacade could be in a few years time. We’ll also be looking at which one is likely to deliver you the biggest gains.
For the upcoming bull market, proven projects like Tron and Polygon are still likely to offer fantastic opportunities for substantial profit. But as with any investment, getting in early is the key to maximising your gains. One project, known as Metacade, is offering that opportunity.
Tron (TRX) Price Prediction
Tron was originally a decentralised content hosting platform, built as an alternative to platforms like Youtube and Facebook to allow users to directly monetise their content. Nowadays, Tron supports smart contracts, enabling dApps, NFTs and DeFi projects to be built on its chain. This has led to $5.28 billion being locked in DeFi projects built on Tron in October 2022, according to DeFiLlama, rivalling Binance Smart Chain with $5.32 billion and only beaten by Ethereum, which has a staggering $29.53 billion locked in.
Unlike many other tokens during the crypto bear market, Tron has only retracted around 66% from its 2021 peak of $0.1844, worth $0.0612 today. Compare that to Bitcoin and Ethereum, which have both fallen around 75% from their peaks.
With that in mind, it’s likely that Tron will be one the tokens to perform particularly well in the coming bull market. Once TRX clears highs at $0.0927, it’s likely the next significant area of resistance will be in the $0.1175 to $0.1317 range. After the next big area of resistance is broken around $0.1522 to $0.17, it’s likely we’ll at least see prices of $0.30, with a strong potential to reach even $0.50 – a 716% increase on today’s price.
Polygon (MATIC) Price Prediction
Polygon is a layer-2 network built to solve certain issues, like low speeds, high costs, and complex transactions, that hamper the Ethereum network. It effectively builds on Ethereum’s infrastructure to use sidechains, which helps to unclog the network and keep things operating smoothly. It has quickly become an incredibly popular solution in 2021 after Ethereum’s use surged, leading to exceptionally high fees.
Polygon has followed a similar trajectory to Ethereum, falling around 72% since its peak of $2.92 in late December 2021. It’s worth around $0.82 today.
With many tokens ranging since June, MATIC has been one of the tokens to at least show some bullishness. It reached new fresh highs in August and has managed to stay in what most would consider a bull channel. If it breaks out, the next significant area of resistance would be between $1.30 and $1.74. Following that, the space around $2.28 to $2.61 is likely to pose a barrier to higher prices, but you expect this to be temporary.
After that, it’s likely the peak will be run to hit $5. MATIC will likely eventually end up somewhere between $12 to $16 at its peak during the next bull run – an incredible 1850% increase if it hits $16.
What is Metacade (MCADE)?
Metacade is a community hub built for the future of Web3 and Play2Earn gaming. It’s a place for anyone to log on and link up with like-minded individuals, discover the latest Play2Earn games, and have a direct impact on the budding GameFi industry.
Metacade’s approach is simple: reestablish the players as the ones who call the shots, not venture-capital-backed game studios with money to burn. Metacade’s plan is to be the number one platform for GameFi with a whole catalog of games instead of one or two titles. And it plans to keep up it’s coin MCADE by rewarding players with the token every time they contribute reviews, alpha, or other content that helps the platform and those who use it.
There’s also spaces for tournaments and finding work as well as Metacade’s virtual arcade. Through a funding mechanism known as Metagrants, Metacade aims to finance the next wave of Play2Earn titles and fill this virtual arcade with titles that have been backed by the community.
Once the platform becomes home to a bubbling, self-sufficient community, Metacade will form a decentralised autonomous organsiation (DAO), allowing MCADE holders to vote on the future direction of their favourite platform. All-in-all, Metacade is set to disrupt the gaming industry in a big way and become a pioneer of Play2Earn gaming.
Metacade (MCADE) Price Prediction
According to Crypto.com, GameFi is expected to grow from a $1.5 billion valuation in 2021 to $50 billion in 2025. If Metacade can ride this wave, its price could rocket into the stratosphere in the coming years.
Metacade’s presale finishes at $0.020 per token and has a circulating supply of 1.4 billion tokens. This gives it a minimum value of $28m at launch. And it’s likely that the value is even more considering that most coins list for higher than their presale value. Consider the fact that one of the most successful Play2Earn games, The Sandbox, had a $6.5 billion valuation at its peak. Providing that all goes according to plan, Metacade could easily reach this number as a beacon of Play2Earn gaming. At that point, MCADE would be worth $4.62 per token – a whopping 16,400% increase!
Metacade (MCADE) Has The Brightest Future Ahead
As you can see, both Tron and Polygon could definitely deliver some healthy gains in the coming years. For example, a $1000 investment in Polygon could net you $17,500 in profit! But this is nothing compared to the gains that Metacade could offer as it quickly rises to become a household name in GameFi and Web3.
With that same $1000 investment, even if you bought in the final stage of presale, it could one day be worth $164,000 if it hits the same market cap as The Sandbox had at its peak – life-changing returns in a matter of a few years. With plenty of features sure to attract a mammoth-sized community, Metacade is poised to dominate the rapidly-growing Play2Earn industry.
You can participate in the Metacade pre-sale here.
The post Tron (TRX), Polygon (MATIC), and Metacade (MCADE) Price Prediction: How to Diversify Your Portfolio in 2023 appeared first on Invezz.
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