It is no secret that Ripple has been under pressure in recent years. While some have made bold predictions for XRP to rise in the coming months, more realistic assessments indicate that its performance may not meet those expectations. In this article, you will discover why Ripple XRP price predictions have been so successful lately and why Metacade token has been in high demand in the ongoing pre-sale.
Ripple (XRP) – High centralization and SEC status could be a downside for XRP
ripple It is a cryptocurrency that was created in 2012 with the aim of providing a faster and cheaper alternative to traditional cross-border payment systems such as SWIFT. Despite being the fourth most valuable project in the market (excluding stablecoins), Ripple has failed to live up to investors’ expectations in recent years.
Besides the huge SEC-shaped elephant in the room, Ripple is one of the most centralized cryptocurrencies. Parent company Ripple Labs owns and controls significant portions of XRP. Even Ethereum co-founder Vitalik Buterin thinks so, Effective in late 2022 XRP “remains fully centralised”. This goes against the principles of decentralization that underpin the whole idea of cryptocurrencies.
Additionally, the ongoing lawsuit with the SEC has suppressed the price of XRP for some time, and the outcome of the case is anyone’s guess. The SEC claims that XRP is an unregistered security, which creates uncertainty and legal risks for XRP holders. With regulators seeking more control over cryptocurrencies following the FTX crash, XRP could be the first domino to fall. As a result, many investors were reluctant to buy XRP, which caused many analysts to lower Ripple XRP price predictions.
Ripple (XRP) price prediction
While it can be argued that Ripple has been one of the more stable currencies in the recent bear market, the Ripple XRP price prediction for 2023 does not seem very fresh. Many have set maximum targets of $1.18 by the end of the year, about to triple its current price of $0.41. However, the most realistic Ripple XRP price prediction is between $0.59 and $0.81. As a result, many investors are starting to turn their attention to projects with much greater profit potential in 2023, such as Metacade.
Metacad (MCADE) storms the coming pre-sale
In stark contrast to Ripple, metacad It’s gaining traction at a record pace in 2023. Its pre-sale, now in Phase 4, has reached more than $6.2 million, with $5 million raised alone in the first 10 weeks. Subsequently, the price of the original MCADE token has increased from $0.008 to $0.014 since launch.
So what exactly is Metacad? It is a community based platform to play, learn and earn more from the latest Play for Profit (P2E) games. Gamers and crypto fanatics can come together in Metacade to network and collaborate, take advantage of multiple earning opportunities, and even get a chance to directly influence the course of the GameFi industry.
The platform itself is a comprehensive solution for P2E games. With reviews, forums, leaderboards, live chats, and the latest GameFi alpha shared by P2E veterans, players have everything they need to step up in the competition. These invaluable features provide a wealth of information on games and strategies, as well as a community of gambling enthusiasts to connect with.
Furthermore, Metacade is launching multiple initiatives to help gamers increase their income in the P2E revolution through its initiatives: Create2Earn, Compete2Earn, and Work2Earn. Create2Earn rewards players for their contributions to the platform. MCADE pays them to share reviews, provide alpha beats on the game, and interact with other members. Meanwhile, users can enter competitive gaming tournaments and win big prizes under the Compete2Earn program.
The Work2Earn initiative will see gamers use Metacade’s functionality and gig board to find roles in the Web3 and gaming industries. Launching in 2024, this forum will host jobs ranging from casual testing jobs to full-time salaried positions working with some of the biggest names in Web3.
Finally, Metagrants has been a hit with investors. Metagrants allow the community to leverage platform funds to fund game developers. Developers simply submit their game proposals to Metagrants contests for MCADE owners to vote on.
Winning proposals receive funding to bring their ideas to life, with the final game added to Metacade’s virtual arcade. This represents an amazing opportunity for the Metacade community to play a role in producing some of the best P2E games and solidifying the platform’s position as a leader in the GameFi industry.
Metacade (MCADE) price prediction
With the potential for Metacade to quickly become the de facto home of P2E gaming, the MCADE token has seen some incredible price predictions. It launches to the public at $0.02, but many expect it to reach $0.50 by the end of 2023 – 25 times in less than a year. Some of the more conservative estimates put it at $0.22 as a minimum, which is still a decent 1000% return on investment.
Metacade (MCADE) is the best investment
In general, XRP holders seem to be playing a risky game. The XRP price outlook does not bode well for XRP investors, despite it being one of the most stable coins in the current bear market. Ultimately, the fate of XRP is in the hands of the US courts, which should be enough to deter anyone from investing in it.
Instead, Metacade appears to be a wiser investment. After its impressive pre-sale success, Metacade is clearly on the right track. With GameFi set to dominate the crypto space in 2023, investors who already get involved could stand to make huge profits. If you think they are moving on to something, check out MCADE’s pre-supply to get the tokens at $0.014 before their price goes up even more!
You can buy Ripple (XRP) on eToro here.
You can participate in the Metacade presale here.