Metacade (MCADE) and Bitcoin (BTC) Price Predictions Remain Strong for 2023; Investors Looking To Diversify Their Portfolios Might Buy Both

As Bitcoin continues its bullish run, the crypto space is witnessing the rise of innovative new projects like Metacade that offer strong opportunities for portfolio diversification. In this article, you’ll learn where analysts are placing their Bitcoin price predictions for 2023 and why Metacade might just be one of the best new cryptos to invest in.

Bitcoin (BTC) Reigns Supreme

Bitcoin, the king of crypto, has continued to attract investors despite ongoing macroeconomic uncertainty in recent months. Often termed "digital gold," Bitcoin has been one of the best performers over the past three months, recording a 36.5% gain - more than Ethereum, Cardano, BNB, and Dogecoin. Many believe BTC is finally beginning to demonstrate its inflation-hedging capabilities amid fiat currency devaluation.

Bitcoin has also been recognized as the best crypto to invest in because of its high rates of institutional adoption, with 7.82% held by companies, exchange-traded funds (ETFs), and countries, according to Buy Bitcoin Worldwide. This comes as news emerged that Tesla made no changes to its Bitcoin holdings in the first quarter despite less than favorable overall earnings, demonstrating the unwavering faith of high-profile investors in BTC.

Bitcoin (BTC) Price Prediction

After its recent bullish run, many Bitcoin price predictions see plenty of upside for the crypto market leader. Bitcoin is currently hovering around $28,500. However, conservative Bitcoin price predictions see it rising to $45,000 by the end of 2023, while bolder outlooks place BTC at $60,000.

Some of the most optimistic Bitcoin price predictions see BTC smashing its all-time high of around $69,000 and soaring to $80,000 and beyond. Such a move would represent a gain of at least 180% from today’s prices, making Bitcoin a solid crypto to invest in.

Metacade (MCADE) Is Setting the Standard for Web3 Communities

Metacade is a new project making waves in the crypto space, piquing the interest of investors and gamers alike. It’s a revolutionary play-to-earn (P2E) platform designed to serve as a central hub for the GameFi collective, aiming to unite gamers, developers, and crypto enthusiasts in a vibrant community setting.

The platform will offer a comprehensive range of features designed to engage and offer value to its users, like sub-communities for individual games, a virtual arcade, and a job board, launching in 2024 that connects users with opportunities in the gaming and Web3 industries. There’s even a decentralized financing scheme, known as Metagrants, that allows Metacade users to allocate the treasury’s funds to developers building the best P2E titles.

Metacade’s native token, MCADE, serves as both a utility and governance token within the ecosystem, being used to reward users for contributing to the community and allowing them to vote on the platform’s future development. For instance, users can share reviews, tips, and other valuable content with the community in return for MCADE tokens.

With GameFi only set to grow in the coming months and years, Metacade has generated considerable buzz amongst crypto investors. Its sell-out $16.4 million presale was a resounding success, while recent listings on CoinMarketCap, CoinGecko, Uniswap, and Bitmart have added more fuel to the fire. Now, investors are looking forward to Metacade’s MEXC exchange listing in early May to see further price appreciation.

Metacade (MCADE) Price Prediction

Metacade is currently worth around $0.040, accelerating over 50% from its daily low to its high on the 20th of April, following the Bitmart listing. However, many analysts are forecasting much more upside for MCADE this year, with projections set for $0.20 by the end of 2023. Some have even stated their prediction for MCADE to top $0.50 - up over 1,100% from today’s prices.

Should Metacade and the GameFi market grow as expected, experts consider $0.80 by the end of 2023 a reasonable target. While the future remains uncertain, continued bullishness in Bitcoin will likely help MCADE rise and meet at least one of these estimates.

Metacade (MCADE) Could Be the Best New Crypto to Invest in

In summary, both Bitcoin and Metacade represent solid opportunities for investors in 2023, with their respective price predictions reflecting a significant potential for growth this year. However, as the established market leader, it’s unsurprising that Bitcoin price predictions see it offering limited growth relative to Metacade’s projected appreciation.

After recently announcing a partnership with metaverse development company MetaStudio, it seems the case for Metacade as one of the best cryptos to invest in right now is only strengthening. Don’t miss out on picking up MCADE tokens before the MEXC listing in early May - the previous two listings have had a positive effect on the token price.

You can find more information, including how to buy MCADE, here.

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