The play-to-earn GameFi platform, Metacade, is making waves in the crypto community as it positions itself among the most promising prospects in the blockchain gaming space. This news comes after their announcement that they will be listed on MEXC Exchange at 09:00 UTC on the 4th of May. MEXC, one of the go-to platforms for traders and investors, ranks at 15th largest in the world for trading volume, with the last 24 hours having seen over $1.1 billion in trades. Listing on such an established and well-renowned platform is a strategic decision, and this move bodes well for the over 9,000 MCADE holders.
While the decision to list on MEXC seems to be a great one for Metacade, as it could very well increase its exposure and adoption, Russell Bennett, the CEO, understands the weight of the responsibility that comes with investor trust. They are now expected to continue innovating and delivering on their vision, beginning with the launch of Metacade Lite in May. The platform will offer users the first experience of the app UX, with a selection of both Web2 and Web3 games.
The confidence in Metacade’s potential is not baseless. The crypto received a perfect 99/99 score on the decentralized cryptocurrency market analysis platform, DEX Tools, making it one of the more trustworthy and secure cryptos available. However, it is essential to keep in mind that no investment is entirely risk-free. The continuously changing nature of cryptocurrencies and the market, in general, can introduce unexpected factors that may affect Metacade’s performance.
With Metacade’s recent trajectory and successful listings on Uniswap and BitMart in April, there is reason to be bullish about this project. At the time, Metacade’s valuation was at $0.04139 according to CMC, which is 195% above the average presale purchase price. Nevertheless, crypto investors should always exercise caution and thorough research before diving into any investment.
As a one-stop destination for users to play, earn, and network with other gamers worldwide, Metacade aims to become the premier platform for gaming in the metaverse. It plans to eventually transition into a full-fledged decentralized autonomous organization (DAO) to showcase its commitment to people-led gaming. This ambitious goal, combined with the MEXC listing and upcoming launch of Metacade Lite, will likely fuel further excitement and debate around Metacade’s place in the ever-growing and evolving blockchain gaming ecosystem.
As Metacade continues its ascent in the crypto world, it’s crucial for potential investors to weigh the pros and cons and consider the risks associated with investing in emerging blockchain projects. It remains to be seen how these recent developments will impact Metacade’s long-term success, but there is no denying the new heights that the project has managed to achieve.
Source: CryptoPotato
