With such a huge variety of cryptocurrency tokens around, working out which one to choose can be confusing. With a lot of talk about the potential of the MCADE token on the Metacade platform, it’s worth considering how this could revolutionize metaverse gaming. We can then see how it compares to the AAVE and ENJ tokens. 

Metacade – A Top Investment Opportunity 

Metacade is more than a metaverse project, it’s a community-driven gaming hub with many monetization opportunities. This makes the platform’s native MCADE token a good diversification option for crypto investors. Metacade’s ingenious blend of the metaverse, play-to-earn gaming, and community activity makes its MCADE token a stand-out investment opportunity. 

To understand the opportunity it presents, consider the upcoming presale of MCADE. With 1.4 billion tokens that start at just $0.008 before rising to a cost of $0.020, the launch of the MCADE token is designed to reward those investors who recognize its potential and get involved early. To fully understand the future prospects of Metacade, let’s compare it with a couple of other tokens and see how it differs from and improves on their models.

AAVE and ENJ holders are starting to invest in Metacade

The Metacade project has attracted interest from many investors, including those who’ve already held the likes of AAVE and ENJ tokens. Here’s why.

Aave is an open-source liquidity protocol that allows users to deposit their assets, stake, and borrow. The AAVE token is also used by the community to vote on the decisions that affect them. It’s currently sitting at over $85 and has reached as high as $666 at one point.

ENJ is the token used by the Enjin protocol, which was set up in 2009 to help the gaming community. It’s a ERC-20 token on the Ethereum blockchain, which can be earned by playing games and used to pay for items on gaming platforms. This price history in this case is more modest with a maximum of over $4.85 and a current value of just under $0.50.

While these tokens have gained a degree of popularity, the arrival of the Metacade project has given these Aave and Enjin holders another option to consider adding to their portfolios. 

What is Metacade? 

Metacade is an innovative new metaverse project that gives players access to immersive arcade games and gives them a sense of ownership over the space. As a platform that brings together like-minded gamers, crypto investors, and developers in real time, we can expect Metacade to be a huge part of the metaverse.

While a lot of projects in Web3 are focused on only one or two game titles, Metacade is offering players a whole arcade to enjoy. Here they can take part in play-to-earn gaming and connect with developers to create new games that people actually want to play!

As part of a Web3 community and metaverse gaming hub, the tokenomics model encourages a self-sustaining ecosystem via the native coin MCADE. With MCADE, users decide on what games get developed and what the future of Metacade looks like. To earn additional income, users can also stake their tokens, get involved with game testing and be rewarded for community engagement. Metacade will also reward game developers with Metagrants, a source of funding, to create games for the platform. 

A supply of 1.4 billion MCADE tokens is being offered in the presale. The lower initial price is set to reward investors for getting on-board at this early stage and look for the price to rise over time. The revenue generating model is then designed to keep the profits ticking over and help the token to rise in value as its demand increases.

Will Metacade surpass AAVE and ENJ?

It can be difficult to predict what happens next in the cryptocurrency scene and impossible to guarantee a token will reach a certain value.  However, what we can determine is whether a new project provides the potential that could see its value rise to overtake other tokens on the market.

With Metacade, the buzz that’s building around the presale makes it seem that it will hit the ground running. A look at the roadmap for this project shows that the next few stages are clearly marked, with the presale at the end of 2022 to be followed by the token being listed on various top exchanges in early 2023. Looking at all that, eyes are glued on MCADE as it could shoot past AAVE and ENJ.

Is Metacade a long-term investment?

Metacade is a token with a solid concept, sturdy ecosystem, and dedicated team behind it. Despite the crypto market taking a downturn in 2022, there are still metaverse projects, like Metacade, that have solid future prospects, making them wise long-term investments.

In the case of Metacade, the developers have designed a clever combination of metaverse, gaming, and cryptocurrency investment all in one place. As the web3 community grows and people become more comfortable with the virtual world, interest in these activities is only set to increase and turn Metacade into a go-to metaverse hub of the future.

It’s worth bearing in mind that digital currencies can be worthwhile in a number of ways, from beating inflation to diversifying an investment portfolio. With the world currently being gripped by all sorts of political uncertainty and financial upheaval, it’s easy to see why people are turning to these tokens as a sort of safe haven for their money. In terms of Metacade specifically, the model employed seems certain to help the MCADE token to grow in strength and value once it’s listed on the main exchanges in early 2023.

Should I buy Metacade, AAVE, or ENJ?

These three tokens all do different things and have different evangelists. By taking a macro view of their functions and the current ecosystem surrounding them, we can say that the Metacade metaverse gaming project is currently most highly recommended for investment. It provides a better ecosystem and a fresh approach, while the AAVE and ENJ coins have both failed to live up to their early promise. 

The strong community aspect, key partnerships, and incentives mentioned in their white paper suggest that MCADE should get off to a strong start once launched. Early investors will be hoping to see their presale purchase immediately give them a return once it’s listed on the major exchanges. 

Is Metacade worth buying?

All the information out there points towards an answer that says Metacade is a highly recommended purchase for several powerful reasons.

The cryptocurrency market could be set to bounce back from a difficult few months and it’s certain that the strongest projects continue to be backed heavily by savvy investors. Metacade falls into that category because of the exciting combination that it offers of the metaverse, arcade gaming, and a token with excellent earning potential.

With a presale that starts with tokens at just $0.008 before gradually ramping up the price, this is a worthwhile project that is turning a lot of heads and is well worth getting involved in before the price shoots up.

You can participate in the Metacade pre-sale here.

Cryptocurrencies are trading at rock bottom prices at the moment and traders are keen to know which projects they should embrace in the current environment. Dogecoin (DOGE) and Enjin Coin (ENJ) were big winners in 2021, but both have seen their outlook worsen. Dogecoin may get a boost from an Elon Musk Twitter deal but there is no certainty. Enjin Coin has its own unique ecosystem with SDKs and may be the better near-term option. A new project in Chronoly could outperform both coins and has already rewarded early investors with a 400% jump this month. 

Dogecoin (DOGE) – In Need of New Ideas

Dogecoin (DOGE) has seen its value crash from highs near $0.70 to a price of $0.066 (at the time of writing) in the recent bear market and the seemingly inevitable rise to $1.00 last year has stumbled badly. The reality is that Dogecoin and its developers are out of ideas and there is no game-changing use case emerging for the project. The Elon Musk Twitter deal hangs in the balance so that has potential with DOGE as a Tweet reward coin but until there are real developments there then DOGE is a risk.

Enjin (ENJ) Embracing the NFT World

Enjin Coin (ENJ) has a focus on gaming products and hosts its own play-to-earn game on the platform. 2021 was a huge year for Enjin Coin with a move from around $0.01 to highs above $4.5. Traders started to embrace other development options when the arrival of DeFi platforms started to create congestion on the Ethereum (ETH) network.  Enjin has embraced the world of gaming with software development kits (SDKs) which allow users to create their own gaming assets and import them to apps and games. The SDKs have the potential to be even more valuable when NFTs fulfill their real potential in other areas and that will create demand for Enjin Coin.

Chronoly (CRNO) Can Stay in its Lane for Gains

Chronoly’s decentralized marketplace mints NFTs that are 100% backed by real watches from luxury watch brands such as Richard Mille or Rolex and allows fractional investment in certified and verified watches. A jump from $0.01 to $0.05 in the coin presale could just be the start for CRNO. Chronoly (CRNO) is likely to see big gains from growth within its ecosystem and those gains would be less volatile than the other two projects mentioned. Chronoly’s NFTs would be backed by real assets and this will support the price of CRNO coins as more NFTs are minted and more investors start using the project. The Chronoly project will even add elements of DeFi to its project with a lending protocol where investors can lend out their NFTs to other investors and stake their CRNO tokens for a monthly income. Users can then retrieve their watches by collecting 100% of the outstanding NFTs. 

The project’s innovative combination of real-world assets and non-fungible tokens has attracted many crypto traders. In Phase 1 of the presale, over 2,250 investors have snapped up around 190 million tokens. This is why many market watchers believe that Chronoly (CRNO) could easily surpass its $0.50 price target by July 27, 2022.  

Watch investors will love the transparency in this project because it solves many problems in that opaque market. The watch investor usually had to use third-party intermediaries and pricing was not always reliable and built solely on trust. Chronoly’s trading platform will have real-time and historical pricing, while NFTs will keep track of sales on the blockchain to verify that data. With added liquidity in the watch market, it is easy to see how this project can take off.

More Information on the Presale Here:

Website: https://chronoly.io/ 

Presale: https://presale.chronoly.io/register 

Telegram: https://t.me/Chronolyio 

Twitter: https://twitter.com/Chronolyio

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Cryptocurrencies continue to face downward pressure as sentiment across the equity market also weighs on crypto assets.

Popular crypto analyst and trader Michael van de Poppe has highlighted the next possible moves for several altcoins, including Polygon (MATIC), Fantom (FTM), and Enjin Coin (ENJ).

The analyst also highlights the technical outlook for two other altcoins- Woo Network (WOO) and Verasity (VRA).

Van de Poppe also believes flagship cryptocurrency Bitcoin could see a decent bounce and break to the $46,000 price level. This follows the cryptocurrency’s flip above $40k after a brief dip to lows of $39,600 on Monday.

Fakeout on the downside for #Bitcoin. If $40.6K holds, continuation upwards to $42.6K and potentially $46K is on the tables. pic.twitter.com/l8rACrtbhC

— Michaël van de Poppe (@CryptoMichNL) January 10, 2022

Fantom (FTM) is one to watch

Turning to the altcoins, the analyst says that Fantom price could see another run, off major support levels. He looks at the FTM/BTC pair as indicative of the bullish resilience, noting that 0.0005 BTC makes a good entry point for the coin.

Michael van de Poppe believes FTM, alongside Cosmos (ATOM) and Chainlink (LINK), are some of the altcoins that have shown great strength recently. He says if Bitcoin price “settles”, then FTM would be one of those altcoins to watch.

Once #Bitcoin is done and settles down for a bit, you’d want to jump onto the coins that have been showing strength in the past weeks already.

I’d consider $FTM, $ATOM, $LINK as some of the coins that are showing massive strength recently.

— Michaël van de Poppe (@CryptoMichNL) January 8, 2022

Polygon (MATIC)

The analyst is also keeping tabs on Polygon, another coin that saw a massive run in 2021 but has faced increased pressure since the broader market correction started in December.

Van de Poppe says MATIC has the potential for another bullish break if prices flip above a key resistance zone at $2.15-$2.20.

ENJ and WOO also look decent

As for Enjin Coin (ENJ), the crypto strategist notes that the extended correction has bulls looking at two critical support levels. The first is around $2.20 and the second one could be at the $1.90 area.

He notes that if prices hold above the two anchors, it’s possible for ENJ to see fresh upside momentum.

He says that ENJ has “two massive areas of support,” zones at which he would “personally want to be seeking for longs.”

Next up is WOO, the native token on the Woo Network. According to van de Poppe, the token’s value is likely to explode if it breaks against Bitcoin. Currently, the WOO/BTC pair is priced at 0.00002214 BTC, with the altcoin 2.4% down against the top crypto in the past 24 hours.

Verasity (VRA) could soon rise to 6800 sats

But the trader points out that the coin has tested a key supply zone multiple times and the potential for a bullish continuation is there if buyers keep hitting higher lows.

The other altcoin on the analyst’s list of potential outperformers in 2022 is Verasity (VRA). The price of the token is down nearly 25% in the past 7 days, which the analyst notes. The VRA/BTC pair is trading around 6300 sats as of writing, above the support zone at 5335-5800 sats.

Van de Poppe says VRA could see a fresh bull wave if it breaks higher above the main resistance around 6800 satoshis.

Request 01 – $VRA

Still trending south, but there are two important support zones that I’ll be watching here.

Currently in the first one.

New bull wave could start it if breaks above 6800 sats. pic.twitter.com/vPEGEl9YTo

— Michaël van de Poppe (@CryptoMichNL) January 9, 2022