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As the first cryptocurrency and the largest by market capitalization, the price of Bitcoin is often the first to move. The correlation between Web3 tokens is still strong, so other cryptocurrencies are usually tied to Bitcoin’s price.
So when will the next cryptocurrency bull market come back? Metacade?
The bull market has boosted the value of many cryptocurrencies, setting new all-time highs across the cryptocurrency market. The last 2021 bull market saw the rise in value of online gaming platforms, making them some of the major projects in the Web3 world.
Decentraland (MANA), The Sandbox (SAND), and Axie Infinity (AXS) each gained more than 200x in the 2021 bull market. It was kickstarted by Bitcoin price volatility as other cryptos followed suit after large investors turned to other blockchain projects.
With the Bitcoin halving event taking place in March 2024, the next cryptocurrency bull market is expected to occur between 2024 and 2025.For new online gaming projects such as Metacade, which invested heavily during the cryptocurrency pre-sale, the timing couldn’t be better.
Bitcoin’s price usually follows a four-year cycle that coincides with its price. halving eventThe Bitcoin blockchain uses a proof-of-work consensus mechanism, and the number of BTC mined by a node halves every 210,000 blocks, or roughly every four years.
This is the foundation of the cryptocurrency market cycle. A bull market occurs when BTC becomes increasingly scarce. If Bitcoin expands too much, a bear market will pull the price of Bitcoin back to par.
In 2012, 2016, and 2020, halving events sparked explosive bull markets that pushed the price of Bitcoin to new all-time highs. Significant drops like those seen in 2022 have returned the price of Bitcoin and most markets to a more benign price.
For new online games cryptocurrencies such as Metacade, the next bull market could generate returns of 100x or more. With new online game projects already gaining popularity, MCADE’s pre-sale is selling out fast at each stage.
MCADE is gearing up for exciting price action in the coming years. Experts predict that the value of MCADE will reach $1 in 2023. This is because the tokens will be launched on exchanges after the pre-sale and the Metacade platform will begin rolling out a comprehensive online gaming experience.
later Bitcoin Halving in 2024, Metacade is a complete flow, with all major features that greatly benefit the online gaming community. The halving is then expected to trigger a bull market.
During this time, MCADE was able to gain great value. Early forecasts suggest that MCADE will break the resistance at $5 and grow to almost $7 before the bull market ends. This is a 350x increase in price since the presale ended.
Metacade is the largest collection of play-to-earn (P2E) online gaming titles on the blockchain.Metaverse Arcade offers gamers huge revenue opportunities and will become a central hub for Web3 users through several groundbreaking features.
Users can access all the latest trends and find the best tips and tricks to get the most out of online gaming on blockchain. The social hub will help advance the online gaming community, the platform will help create new jobs, and it will fund the next wave of blockchain game development through its Metagrants program.
Metacade is community-driven in nature and will transition to a Decentralized Autonomous Organization (DAO) after 2024. Overall, Metacade is a broad online gaming platform, set to offer more online gaming experiences and monetization mechanisms than comparable projects.
Metaverse Arcade combines casual and competitive gameplay with the largest selection of P2E titles you can find on the blockchain. Online gaming experiences range from classic arcade games to the latest titles. Gamers can play solo or join paid entry his tournaments to win major crypto prizes.
MCADE tokens will be used to pay rewards on the platform. Users can earn rewards in a variety of ways, including creating content in their community hub. The Create2Earn feature gives her MCADE tokens to users who post game reviews, share alphas, and interact with other users.
The Work2Earn feature connects users to exclusive blockchain opportunities, including part-time jobs and full-time roles in Metacade’s partner projects. In the process, Metacade is creating new jobs for crypto enthusiasts and helping the community launch her Web3 career.
The MCADE presale can be a great option for those looking to buy gems with 100x potential in the early stages. With the next bull market likely on the horizon, Bitcoin’s price action is expected to bring further gains to Metacade between 2024 and 2025.
Before that, Metacade is expected to rise 50x. It’s definitely a great addition to any investment portfolio, but the price has already increased. MCADE increases from $0.008 to $0.02 during the presale, so be quick to get MCADE at the best possible price. Please join us.
You can participate in the Metacade presale here.
