Axie Infinity (AXS) Price Predictions Warming Up, But Metacade (MCADE) Is A Better Investment

Axie Infinity has seen a considerable fall from grace since reaching mainstream success in 2021. Its SLP token has fallen over 99% since 2021, and its governance token AXS hasn’t performed much better. Despite this, some have been eyeing its resurgence in 2023. 

Today, you’ll discover an Axie Infinity price prediction covering the next few years and read why many former AXS investors are confidently choosing the Metacade presale instead.

Has Axie Infinity (AXS) Permanently Damaged Its Reputation?

Axie Infinity is a play-to-earn (P2E) mobile game and one of the most well-known GameFi projects in the crypto space. Players can purchase cute monsters known as Axies, represented by their own NFTs, and battle other players, to be in with a chance of winning Smooth Love Potion (SLP). Each Axie has its own set of unique characteristics that influence its rarity and price, with some Axies fetching hundreds of thousands of dollars. The Mystic Axie, for example, sold for 300 ETH!

However, some have criticized Axie Infinity for its questionable economics. In 2021, news reports were awash with stories of players in the Philippines and Indonesia replacing their regular income by playing Axie Infinity. Following the broader crypto market collapse, SLP plummeted over -99% in one year from its July 2021 high, causing these players to rush for the exit in a negative feedback loop. 

Some players also claim they were exploited in “scholarship” programs, where “managers” rented their Axies to players in return for a cut of the profits. Many were encouraged to work long hours, grinding it out just to give a portion of their hard-earned profits to their managers.

Axie Infinity (AXS) Price Prediction

The AXS governance token has fared slightly better than SLP, falling -97% from its $166.10 peak in November 2021 to a $3.99 low approximately a year later. Since then, AXS has made a high of $10.23 in early 2023. Analysts have set maximum targets for their Axie Infinity price predictions at $43.50 by the end of 2023, though the average lies around $22. Axie Infinity price predictions for 2024 and 2025 are around $69 and $107, respectively, but the P2E game’s damaged reputation may suppress any significant bullishness.  

Metacade (MCADE) Could Become the Next GameFi Leader

Metacade is a community space built for P2E gamers. Whereas Axie Infinity is just one of many P2E titles, Metacade is a platform where players can go to find, discuss and have fun playing all sorts of these kinds of games. In creating a robust standard for gaming communities across Web3, Metacade has become one of the most talked about GameFi projects of 2023 - despite its MCADE token still being in presale. 

This hype has been clearly demonstrated in MCADE’s presale performance. Recently, it crossed the $6.4m mark just 12 weeks after launch, propelling the MCADE token from $0.008 to $0.014. So why are investors so enamored with the project? For one, many have pointed to Metacade’s community-centric vision as one of the main reasons it could come to dominate the GameFi space. 

A perfect example of this philosophy can be seen in Metacade’s reward program. In return for contributing reviews, tips, and other valuable content to the platform, Metacade rewards its users with the MCADE token. Moreover, it’s launching a job and gig board in 2024 to help players find work in the Web3 and gaming industries.

Perhaps the feature with the most potential is the Metagrant initiative. Metagrants are grants given to game developers, with those lucky enough to win given funding to help build their project. To determine who wins, MCADE holders vote on the best idea from a pool of proposals. Winners are allocated funding from the treasury, with developers given access to Metacade’s testing environment as well as publish their polished title in the platform’s virtual arcade. 

Finally, Metacade is planning on transitioning to a decentralized autonomous organization (DAO) in 2024. From here, every key change will be put to a vote for MCADE holders to decide. In the process, they’ll be directing the future of the world’s first democratically-owned virtual arcade. 

Metacade (MCADE) Price Prediction

By the end of its presale, MCADE will be worth $0.02, although experts have put its end-of-year price much higher. Predictions have been set for it to soar as high as $0.36 by the end of 2023, returning 1,700% in under a year. In 2024, many analysts expect MCADE to reach $0.60, while 2025 is forecast to see prices top the $1 mark - delivering 50x gains in three years! 

Metacade’s (MCADE) Future Prospects Beat Any Axie Infinity (AXS) Price Prediction

While Axie Infinity may have been a popular P2E game in the past, its damaged reputation has yet to be redeemed. This has been compounded by a $620 million hack that occurred in 2022, further underlining the risks associated with investing in the project. 

In stark contrast, Metacade has already built up a loyal following of investors eager to see what the project has in store for them. With the platform’s community-focused vision and growing popularity amongst P2E gamers, MCADE could quickly become ready for liftoff. 

Tokens are selling out fast, and there’s not much time left to grab MCADE at $0.014 before it ascends to $0.02. If you agree with the thousands of investors that Metacade could be a once-in-a-lifetime opportunity to get in on the ground floor with a potential GameFi leader, check out the MCADE presale as soon as possible.