Metacade CEO Intentionally Launched in a Bear Market So That MCADE Could Potentially Soar as Market Turns Bullish

One of the crypto market’s new favorites, Metacade, has completed its presale, listed on three exchanges, and secured a promising partnership. In addition, the project’s CEO, Russell Bennett, recently stated his conviction around the fact that the project launched in a bear market, despite initially seeming counterintuitive. 

What is Metacade (MCADE)?

So what drove so much investment into Metacade in the first place? The platform has undoubtedly drawn inspiration from traditional gaming communities, incorporating elements like chat rooms, leaderboards, and forums to foster engagement amongst its members. However, it’s taking things a step further by integrating blockchain into its core design, creating a unique ecosystem ready for Web3.

The platform’s native cryptocurrency, MCADE, plays a crucial role in the community, as it is used to reward players for their contributions, allows them to participate in gaming tournaments, and gives them access to Metacade’s pay-to-play arcade. Moreover, MCADE holders can use their tokens to vote on Metagrant competitions, which allows users to direct the platform’s funds to support the development of promising P2E titles.

Metacade is also planning to launch a decentralized autonomous organization (DAO) in 2024, granting MCADE holders the ability to influence the platform’s future direction, like decisions on partnerships, features, and expansions. Metacade’s commitment to creating opportunities in the gaming and Web3 sectors is further demonstrated by its plan to introduce a job and gig board in 2024, connecting users with roles in these growing industries.

What did the CEO say?

Bennett recently shared insights into the strategic decision to launch the platform during a bear market, stating, “We are building something at the bear market base which has huge upside and less downside. This wasn’t done by chance; this was launched on purpose.”

By choosing to develop Metacade in a challenging market environment, the team can focus on creating a solid platform without the distractions of hype and speculation that often accompany bull markets. The CEO explained, “We purposefully wanted to build in a bear market — in a tough market — while all the eyes were off us and to build something comprehensive, so when everyone floods into the space, they’re like, ‘What the hell is that?’”

He further emphasized the importance of creating a great community, platform, and partnerships to attract users from both the Web2 and Web3 sectors. 

Metacade (MCADE) price prediction

While the bear market isn’t yet quite in complete transition, MCADE investors are hopeful that the crypto market will stage a strong recovery in the coming months. Analysts have been monitoring Metacade’s price performance post-presale, and the token’s remarkable resilience has recently boosted price predictions.

MCADE is currently worth $0.040, though experts have set their sights on at least $0.45 by the end of the year. If the crypto market surges as all investors hope, then $0.70, $0.80, and even $1 are potential targets.

With a growing list of accomplishments and an ambitious roadmap, it’s safe to say Metacade has captured the attention of investors and analysts alike. All eyes are now on the platform’s next move and latest developments.