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Goldman Sachs gives Bitcoin a thumbs up and gives Blockchain Arcade Metacade a boost

Important news about the price action of the cryptocurrency Bitcoin and disclosed her relationship with financial giant Goldman Sachs. Goldman Sachs has finally done a complete U-turn, completely flipping its stance on Bitcoin (BTC) and Web3.

This is phenomenal news for new Web3 projects like Metacade (MCADE), which have been growing rapidly over the last few weeks. So how valuable could MCADE become in 2023 and beyond?

This is what awaits you in this article

Goldman Sachs is changing its stance on the price action of cryptocurrency Bitcoin

Goldman Sachs recently published a report showing that the price movement of the cryptocurrency Bitcoin has become predictable enough to be classified as an investable asset. Goldman Sachs claims that Bitcoin is the best-performing asset so far in 2023.

In the past, Goldman Sachs has been active against investing in the cryptocurrency Bitcoin, describing price movements as too volatile and speculative. This in turn led to the financial giant rejecting the price potential of the cryptocurrency Bitcoin as a valid asset class.

With Goldman Sachs now warming to Bitcoin’s price volatility, Web3 projects like Metacade will benefit greatly. Goldman Sachs is treating cryptocurrencies like Bitcoin and Metacade as a brand new asset class worth investing in for the long term.

For retail investors, cryptocurrency remains a high-risk, high-return asset class. While Bitcoin’s price history has been highly volatile throughout its history, the BTC token is now suffering from the law of diminishing returns. In contrast, Metacade is in the earliest investment phase and could even outperform Bitcoin at its current price level.

Can MCADE reach $1 in 2023?

The recently launched MCADE token pre-sale is the earliest cryptocurrency funding round. The pre-sale has generated massive hype as MCADE has raised $9.6 million in just 15 weeks – a groundbreaking run of the gauntlet that has many pundits predicting strong future price action.

Upon completion of the pre-sale, the MCADE token will be launched on exchanges, further increasing its exposure to a wider audience of crypto investors. Combined with the release of its Metaverse arcade concept for Web3 gamers, Metacade is likely to skyrocket in 2023.

Experts are predicting a price level of $1 before the end of the year – a 50x price increase since the end of the presale event. This would far outpace the price action of cryptocurrency Bitcoin, which Goldman Sachs has highlighted as the best-performing asset of 2023.

What is Metacade?

Metacade will become the largest on-chain arcade and the largest collection of play-to-earn (P2E) arcade games anywhere on the planet Blockchain offer. In addition to its massive Metaverse arcade, Metacade will offer Web3 users earning potential that surpasses anything else in the red-hot GameFi sector.

The project aims to become a central hub for the Web3 community by introducing several unique earning mechanisms. To help, Metacade showcases the latest trends in blockchain gaming and offers some of the hottest tips and tricks for getting the most out of the GameFi experience.

How does MCADE work?

The Metaverse Arcade offers both casual and competitive gameplay. Each P2E title – within an ever-growing list – has built-in monetary benefits for users that reward players with MCADE for simply advancing through addictive levels in addictive online arcade games.

Competitive players can compete against each other in paid tournaments hosted on the Metacade platform. At these events, players can compete for a chance to win big prizes that are paid out in MCADE tokens.

The community hub will continue to expand the mechanics of crypto earning. Content creators can earn while adding value to the ecosystem. This may include posting game reviews, sharing Alpha, and interacting with other members of the Metacade community.

Metacade will also connect its users to new Web3 jobs via Work2Earn mechanics. Work2Earn will include gig work, freelance roles, and full-time positions at Metacade’s partner projects beginning in 2024. All roles are paid in crypto and can give Web3 users a chance to start a career in blockchain.

Metacade: Driving progress in Web3

Metacade is taking GameFi to the next level, which is a key reason it’s expected to outperform cryptocurrency Bitcoin’s price action in 2023. In addition to all of its useful features for Web3 users, Metacade will also fund game developers to encourage innovation in GameFi.

With Goldman Sachs giving the green light to Bitcoin investments, Web3 projects like Metacade could continue to expand globally and enter a global deployment phase. Developed by Metacade, the Metagrant program can directly support this process by giving GameFi developers the support they need to launch new applications on the blockchain and build a loyal fanbase in the process.

Is MCADE worth buying?

The MCADE token presale could be the best investment opportunity of the year. While Goldman Sachs has highlighted cryptocurrency Bitcoin’s price action as the best-performing asset of 2023 so far, Metacade could defeat BTC to clinch the title in the coming months.

While MCADE is certainly a prime investment opportunity, investors need to get involved quickly. The MCADE token presale is a limited-time event, and the price of MCADE increases every time a presale round sells out. The price has already gone from $0.008 to $0.017, so check it out before the presale ends.

You can participate in the Metacade presale Here.

Source: Crypto News Deutsch

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