MCADE or Metacade is a cryptocurrency that powers a gaming platform. The platform offers users a community hub where numerous gamers and crypto enthusiasts can actively interact with each other and share their interests and ideas. By utilizing blockchain technology, the platform was able to create a self-sustaining ecosystem that is owned and operated by its users. The MCADE token holders have various powers over this ecosystem like governance, and to utilize their tokens to purchase numerous in-game items, and so on.
MCADE token’s current market standing
Ranked #826 in the crypto market by CoinMarketCap, the coin is currently trading at $0.01756. As Trump emerged victorious in the US Presidential Election, various cryptocurrencies started surging in the market. The MCADE coin can be termed as one such coin. With a price rise of over 170% in the last 7days, the coin has gained huge ground in the market.
7days prior, the coin was trading at $0.006484. The coin’s market value stayed at this value throughout the 7th of this month. From there, the coin went on a sharp bull run which is continuing even now. With a total circulation of 1.33 billion, the current market capitalization of the coin stands at $23.15 million. If the coin’s ongoing rally continues throughout this week as well, then we can expect the coin’s market value to rise even further.
The MCADE and the US Election
The US Presidential Election is one of the main reasons that have resulted in the rise of many cryptos in the market. Donald Trump’s emerging victorious and the FED cutting the bps rate by 25 have also contributed to the many coins including MCADE gaining momentum in the market. MCADE has climbed over 17% in the last few days, shortly after Trump emerged victorious in the election.
Many are harboring the expectation that Trump will offer many friendlier regimes in the US crypto market. With this in mind, various investors became active in the past few days. This in turn led to an increase in demand for various cryptocurrencies in the market. As this demand keeps increasing with each passing day, experts are claiming that the coin’s performance in the market will further skyrocket in the coming days.
Factors influencing the MCADE price
MCADE is one of the top coins associated with gaming in the crypto world. Various factors can significantly affect the coin’s price in the market. Some of them are as follows:
- Gaming: Associated with a gaming platform, the coin has gained the attention of a lot of gamers as well as crypto enthusiasts. Users can now earn $MCADE tokens by enrolling in-game tests, review groups, competitions, and so on.
- Strong community support: As a metaverse-themed crypto coin, the coin has managed to amass a strong and vibrant community. This community is one of the main reasons behind the coin’s performance in the market.
- Positive market sentiment: Public sentiment is also one of the major factors that determine the price of a coin in the market. If a coin builds a negative sentiment, there is a strong chance that its price will fall, and vice versa.
Apart from this, there are other factors like the tournament to be taken into consideration. With a prize pool of $30,000, the tournament has played a major role in the rise in popularity of the game in the market. This popularity has helped the coin in increasing its current market value.
Price Prediction 2024-30: What the future holds for MCADE
With the coin doing extremely well in the market, many people are considering investing in it. If you’re also thinking the same, then you have come to the right place. Here, we have provided a price prediction table for the coin. Please refer to it to gain insights into the coin’s future.
| Year | Min Price | Avg Price | Max Price |
| 2024 | $ 0.0154 | $ 0.0358 | $ 0.0377 |
| 2025 | $ 0.0370 | $ 0.0421 | $ 0.447 |
| 2026 | $ 0.0508 | $ 0.0594 | $ 0.0623 |
| 2027 | $ 0.0664 | $ 0.0731 | $ 0.0769 |
| 2028 | $ 0.0664 | $ 0.0731 | $ 0.0769 |
| 2029 | $ 0.0819 | $ 0.0899 | $ 0.0949 |
| 2030 | $ 0.12 | $ 0.13 | $ 0.13 |
Note that the above-given prices are susceptible to changes in market trends and can vary accordingly.
Is MCADE a good buy?
The MCADE is one of the gaming-associated in the crypto market. As various gaming coins lose their value in the crypto market, MCADE is among the few that stand out. The coin has risen more than 170% in the last 4 days. This is huge, especially considering the Metacade tournament. With all these taken into account, crypto enthusiasts are actively claiming that the coin will rise in the coming days.
However, if you’re considering investing in the coin, it is important to keep in mind the fact that the crypto market is a volatile place. Even though with Trump’s charge the crypto coins are rallying, there is a chance that it may not be the case in the coming days. So, make sure to conduct thorough research before proceeding with the investment.
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