Shiba Inu VS Metacade: Which is the choice of whales?

In the ever-evolving cryptocurrency industry, investor sentiment and whale activity can often have a significant impact on market trends. Shiba Inu (SHIB) continues to show resilience despite market fluctuations. Indeed, its price predictions for 2023 have investors watching memecoin’s performance closely. However, the SHIB is not the only one attracting the attention of cryptocurrency fans and whales, and Metacade could well do well.

Metacade, a GameFi project, has attracted interest from investors looking for promising projects. With its Play-to-Earn (P2E) platform and its ambitious strategy, Metacade wants to make a name for itself in the crypto market. As we enter a crucial phase for SHIB and Metacade (MCADE), crypto industry experts are wondering if the established price of Shiba Inu will benefit from large whale investments, or if its new competitor, Metacade, will attract big investors. and will significantly overtake SHIB in the coming months.

What is Metacade?

Metacade is a project aiming to revolutionize the GameFi space by creating a vast and varied P2E arcade. This unique approach to gaming aims to create a thriving community hub that prioritizes the needs and wants of its users and creates a significant total addressable market in the process. Although the P2E arcade is flagship with Metacade, the platform also has a series of additional features that complement and support its central purpose.

A smart rewards system is built into Metacade. The latter offers incentives, not only for playing games and participating in competitive tournaments, but also for engaging in various community activities, such as submitting game reviews. This strategy is key to encouraging user participation and driving project growth by ensuring an incentive structure that continually improves the user experience.

How does Metacade work?

Metacade’s utility and governance token, MCADE, powers the entire platform. Indeed, it enables the rewards system and facilitates transactions across the ecosystem. MCADE tokens can also be staked (now subscription-based), offering token holders the opportunity to generate passive income and incentivizing long-term token ownership. Staking rewards will be granted in MCADE tokens, which should help support the flow of the Metacade ecosystem.

Another aspect of Metacade’s model is the Metagrants program, which invites game developers to pitch their ideas to the community. MCADE token holders can then vote to determine which projects receive funding, ensuring that the platform continually delivers the most engaging and desired games. This democratic approach promotes user engagement and platform adoption.

To ensure long-term viability, Metacade incorporated multiple revenue streams into its design, including platform advertising, a game launch platform, and competitive events. These plans ensure that the platform remains self-sustaining, allowing the Metacade team and community to focus on growth and innovation.

What future for Metacade (MCADE)?

Metacade has a strategic vision well-defined that takes into account all the aspects necessary for the success of the project. Indeed, this project’s main assets are the proven resilience of the GameFi sector and its anticipated role in the Web3 revolution.

The MCADE token had a pre-sale that raised over $16.4 million. In addition, the launch of the project on Uniswap accentuated this success. Metacade debuted at $0.022 on Uniswap on April 6. It will also appear on Bitmart at the end of the month and on MEXC at the beginning of May.

What future for Shiba Inu (SHIB)?

A common problem with memecoins is their heavy reliance on hype, as well as the importance of community to maintain their value. While SHIB still enjoys a large fanbase, the project’s limited real-world utility makes it less likely to reach the heights it did in 2021.

The Shiba Inu price prediction must take all of this into account, showing the importance for SHIB to focus on preserving its current price in the short term. However, without significant changes in utility, the token could experience a gradual decline over the next year as the community struggles to grow further.

Metacade vs. Shiba Inu: where will the whales go?

The interest shown during the presale and around the recent listings on the exchanges could be due to the potential of the project. Although the SHIB may manage to hold its own for a while, serious investors looking for significant returns might consider MCADE a more promising alternative to Shiba Inu. MCADE being helped by the increasing visibility of the project demonstrated by growing exposure, such as its listing on the cryptocurrency price aggregator coinmarketcap.

Some investors believe that Metacade is ready to attract the attention of crypto whales, which may switch from SHIB tokens to MCADE in the coming months.

For more information, including how to purchase Metacade, click here.

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