Despite Chilly Crypto Winter Forecast from Coinbase, Altcoins Like Metacade Are Heating Up
Is Coinbase really right? Is another chilly crypto winter on the cards, full of ill winds, gloomy forecasts, rainy days, and cold nights? Or are there signs of sunny days, favorable winds, and brighter times ahead? Despite the chilly crypto winter forecast from Coinbase, there is evidence that certain altcoins, such as Metacade (MCADE), are starting to heat up. For sure, some sectors are feeling the cold, but there are some hot prospects out there too. Read on to find out where.
Not all Altcoins are equal
Even if it’s right to say there’s a chilly crypto winter at the moment, it’s worth remembering that markets, like the seasons, are cyclical. As Coinbase rightly points out, institutional investors now accept that cryptos are here to stay and are prepared to take a long-term view. It’s surely only a matter of time before the crypto spring arrives, followed by a crypto summer. The hard part is predicting exactly when those changes will occur.
Coinbase outlines three key findings in its forecasts: (1) institutional investors will focus on quality, (2) a bushfire clearance will lead to new opportunities for growth, and (3) a reform of regulations and business practices will help to encourage a new era for cryptos. In fact, if you read between the lines, you could conclude that Coinbase thinks the current crypto winter is a good thing and that it will result in a brighter future, especially in the mid to long term.
That said, even in the short term, it clearly makes no sense to tar all altcoins with the same brush. Beefed-up regulations and new business reforms are likely to have a negative effect on some players, but equally, they could give investors greater confidence to invest in other altcoins. And you only have to look at the current number of successful presales – GameFi and play-to-earn (P2E) start-up Metacade (MCADE) is a case in point – to realize that some sectors are still hot.
What is Metacade?
In the bleak crypto winter, Metacade (MCADE) is bucking the trend. Building on the latest Web3, blockchain, and GameFi technologies, Metacade (MCADE) offers an unrivaled selection of classic arcade and advanced metaverse games. Metacade (MCADE) is racing through its initial presale, with investors attracted by its superb range of games, plus its plans to become the ultimate community hub and hang-out for all sides of the GameFi and P2E industry.
How Metacade Works
First and foremost, Metacade (MCADE) is about giving blockchain gamers a chance to earn big from the best P2E games on the market. But that’s only one part of the equation. Gamers can also earn lucrative prizes, tokens, and rewards by entering competitions and tournaments. They can generate revenues by game testing and sharing alpha, writing reviews, and interacting with other members. Finally, they can find jobs, either with Metacade or with Metacade’s partners.
Although Metacade (MCADE) is designed by gamers for gamers, it’s also much bigger than that. For developers, Metacade (MCADE) offers a forum where they can communicate and interact directly with their target audience. It’s the perfect platform for testing and marketing new games, running paid competitions, launching new products, and recruiting new staff. Metacade also gives crypto fanatics and entrepreneurs a range of staking and investment opportunities.
It’s the interactivity, communication, and collaboration between all the different interested parties that make Metacade (MCADE) so special. That community-based approach is enhanced by Metacade (MCADE)’s stated intention to become a DAO. It’s also demonstrated by the company’s innovative Metagrants initiative, which provides funding for the development of new games on the platform. The DAO structure means gamers help to decide which new games receive funding, plus community members are likely to receive a share of any profits from new releases.
Which Altcoins are defying expectations?
One of Coinbase’s main conclusions was that investors – especially institutional investors – would focus on quality in the crypto winter. Does that mean that Bitcoin (BTC) is the only crypto they should consider? The answer is no. The definition of altcoins is every other cryptocurrency apart from Bitcoin (BTC), so that includes long-established and high-value players like Ethereum (ETH) and Polygon (MATIC). Clearly, both these altcoins are deserving of Coinbase’s “quality” tag.
However, the label of quality does not belong exclusively to the big boys. Plenty of interesting, innovative, and inventive start-ups are worthy of the term. And just as importantly, there are certain sectors – such as GameFi and P2E – that are widely predicted to thrive. Metacade (MCADE) is one such example, and there are many more companies who are defying expectations of a long and cold crypto winter.
Metacade (MCADE) is heating up
Although Coinbase does indeed forecast a chilly crypto winter overall, it also makes the point that investors are still willing to back quality when they see it. The success to date of the Metacade (MCADE) presale is surely proof of that point. While some cryptos are being left out in the cold, other altcoins like Metacade (MCADE) are heating up. But be quick if you want to avoid the crypto winter: the hot Metacade (MCADE) 2nd stage presale ends soon.
You can participate in the Metacade presale here.
The post Despite Chilly Crypto Winter Forecast from Coinbase, Altcoins Like Metacade Are Heating Up appeared first on Analytics Insight.
Is Coinbase really right? Is another chilly crypto winter on the cards, full of ill winds, gloomy forecasts, rainy days, and cold nights? Or are there signs of sunny days, favorable winds, and brighter times ahead? Despite the chilly crypto winter forecast from Coinbase, there is evidence that certain altcoins, such as Metacade (MCADE), are starting to heat up. For sure, some sectors are feeling the cold, but there are some hot prospects out there too. Read on to find out where.
Not all Altcoins are equal
Even if it’s right to say there’s a chilly crypto winter at the moment, it’s worth remembering that markets, like the seasons, are cyclical. As Coinbase rightly points out, institutional investors now accept that cryptos are here to stay and are prepared to take a long-term view. It’s surely only a matter of time before the crypto spring arrives, followed by a crypto summer. The hard part is predicting exactly when those changes will occur.
Coinbase outlines three key findings in its forecasts: (1) institutional investors will focus on quality, (2) a bushfire clearance will lead to new opportunities for growth, and (3) a reform of regulations and business practices will help to encourage a new era for cryptos. In fact, if you read between the lines, you could conclude that Coinbase thinks the current crypto winter is a good thing and that it will result in a brighter future, especially in the mid to long term.
That said, even in the short term, it clearly makes no sense to tar all altcoins with the same brush. Beefed-up regulations and new business reforms are likely to have a negative effect on some players, but equally, they could give investors greater confidence to invest in other altcoins. And you only have to look at the current number of successful presales – GameFi and play-to-earn (P2E) start-up Metacade (MCADE) is a case in point – to realize that some sectors are still hot.
What is Metacade?
In the bleak crypto winter, Metacade (MCADE) is bucking the trend. Building on the latest Web3, blockchain, and GameFi technologies, Metacade (MCADE) offers an unrivaled selection of classic arcade and advanced metaverse games. Metacade (MCADE) is racing through its initial presale, with investors attracted by its superb range of games, plus its plans to become the ultimate community hub and hang-out for all sides of the GameFi and P2E industry.
How Metacade Works
First and foremost, Metacade (MCADE) is about giving blockchain gamers a chance to earn big from the best P2E games on the market. But that’s only one part of the equation. Gamers can also earn lucrative prizes, tokens, and rewards by entering competitions and tournaments. They can generate revenues by game testing and sharing alpha, writing reviews, and interacting with other members. Finally, they can find jobs, either with Metacade or with Metacade’s partners.
Although Metacade (MCADE) is designed by gamers for gamers, it’s also much bigger than that. For developers, Metacade (MCADE) offers a forum where they can communicate and interact directly with their target audience. It’s the perfect platform for testing and marketing new games, running paid competitions, launching new products, and recruiting new staff. Metacade also gives crypto fanatics and entrepreneurs a range of staking and investment opportunities.
It’s the interactivity, communication, and collaboration between all the different interested parties that make Metacade (MCADE) so special. That community-based approach is enhanced by Metacade (MCADE)’s stated intention to become a DAO. It’s also demonstrated by the company’s innovative Metagrants initiative, which provides funding for the development of new games on the platform. The DAO structure means gamers help to decide which new games receive funding, plus community members are likely to receive a share of any profits from new releases.
Which Altcoins are defying expectations?
One of Coinbase’s main conclusions was that investors – especially institutional investors – would focus on quality in the crypto winter. Does that mean that Bitcoin (BTC) is the only crypto they should consider? The answer is no. The definition of altcoins is every other cryptocurrency apart from Bitcoin (BTC), so that includes long-established and high-value players like Ethereum (ETH) and Polygon (MATIC). Clearly, both these altcoins are deserving of Coinbase’s “quality” tag.
However, the label of quality does not belong exclusively to the big boys. Plenty of interesting, innovative, and inventive start-ups are worthy of the term. And just as importantly, there are certain sectors – such as GameFi and P2E – that are widely predicted to thrive. Metacade (MCADE) is one such example, and there are many more companies who are defying expectations of a long and cold crypto winter.
Metacade (MCADE) is heating up
Although Coinbase does indeed forecast a chilly crypto winter overall, it also makes the point that investors are still willing to back quality when they see it. The success to date of the Metacade (MCADE) presale is surely proof of that point. While some cryptos are being left out in the cold, other altcoins like Metacade (MCADE) are heating up. But be quick if you want to avoid the crypto winter: the hot Metacade (MCADE) 2nd stage presale ends soon.
You can participate in the Metacade presale here.
The post Despite Chilly Crypto Winter Forecast from Coinbase, Altcoins Like Metacade Are Heating Up appeared first on Analytics Insight.
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