Home > News > Shiba Inu (SHIB) Is Crashing as Metacade (MCADE) Presale Attracts Significant Attention

Shiba Inu (SHIB) Is Crashing as Metacade (MCADE) Presale Attracts Significant Attention

Alice Davies

As one of the most hyped tokens that crypto has ever seen, the Shiba Inu crash surprised almost no one other than the project’s most loyal fans. As it looks like the trend of meme coins and tokens is coming to a grinding halt, projects like Metacade have started seeing investors looking for something more reliable to put their money behind. And with Metacade’s ambitious plans for the future paired with the MCADE coin, it’s no wonder.

In this article, we’ll attempt to answer “why is Shiba Inu crashing?” before discussing why so many investors are flocking to Metacade’s presale already.

Why is Shiba Inu (SHIB) Crashing? 

For a while Shiba Inu (SHIB) stood as the leading rival to the king of meme tokens, Dogecoin (DOGE). The coin saw an outstanding price rise in 2021 after a hype-fueled rally drove investors to join the crowd and get in on the meme token. After a swift dose of reality, SHIB fell by 59% in the span of a month from its October 2021 peak. Since then, the Shiba Inu crash has truly come to fruition, tumbling down almost 92% from its 2021 high to its June 2022 low.

After a bull trap in mid-August, SHIB holders have been dealt more pain after the price collapsed almost 50% from its August high to a low in October. With risk assets off the table following rising interest rates and the threat of a recession, it’s most likely that Shiba Inu will continue its downward trajectory. With Shiba Inu crashing, some have already started putting their former SHIB holdings into Metacade, a token with much better fundamentals.

What is Metacade (MCADE)?

Metacade (MCADE) is a community hub that’s being touted as Web3’s ultimate destination for GameFi. It’s a space for gamers, crypto investors, developers, and entrepreneurs to meet up, discover the world of Play2Earn, and have their say on the future of gaming in a vibrant community setting. Whether you want to just play the latest Play2Earn games, network with like-minded individuals, or give your income a boost through staking or engaging in community activities, Metacade plans to be the platform that does it all.

To understand why the presale of Metacade (MCADE) has drawn so many investors with Shiba Inu crashing, just look at the projected growth of the GameFi industry. By 2025, Crypto.com expects GameFi to grow from a $1.5 billion industry to a $50 billion industry, growing at a rate of 100% per year in the process. With Metacade’s plans to be a leader in the GameFi market, it’s no wonder so many are already bullish about its native coin, MCADE.

Why is Metacade Drawing So Much Attention? 

A Community-First Platform

In the world of gaming, community is everything. It’s part of the reason platforms like Discord and Twitch have exploded in popularity over the past few years. Metacade is no different. It’s a platform built by and for the community., Reviews, leaderboards, and alpha help newbies and pro players alike find and make the most from the best Play2Earn titles on the market.

Rewarding Players With the MCADE Token

To encourage players to share their thoughts and expertise with others, Metacade rewards its users with the MCADE token each time they offer a review, top tips, or other helpful content. This means that not only can new players quickly find their feet in Play2Earn gaming, but experienced players can earn just by sharing what they already know.

Funding the Next Wave of Play2Earn

With meme tokens like Shiba Inu crashing, it’s much wiser to invest in projects that are looking to actually contribute true value to future technology and the Web3 ecosystem.. That’s exactly what Metacade is doing with Metagrants. The grants are a source of funding to incentivize game developers to build the best games on the platform.

Game developers offer their ideas as equals in a pool of competing projects and the most popular is allocated funding to give them the boost needed to get their vision off the ground. The finished titles are then added to Metacade’s virtual arcade for the whole world to enjoy.

Start a Career in Web3 With Metacade (MCADE)

While MCADE rewards offer a way to supplement your regular income, there’s one feature that could replace it entirely. In 2024, Metacade will launch its own job board, where you’ll find a range of opportunities to work in GameFi and the wider Web3 sector. Here, you’ll be able to apply for part-time testing roles, internships, and even senior positions to start a career working in the next generation of gaming.

Investing in Meme Tokens is Dead: Metacade (MCADE) is a Much Better Alternative

Almost every savvy investor was expecting the Shiba Inu crash. Instead of jumping in on the latest trend, smart money knows that projects with real long-term potential are the best investments. While less scrupulous investors are left holding the bag with SHIB, those who’ve been holding their cards have been waiting for a project like Metacade to arise.

Now, many are seeing the potential in Metacade’s vision to become a leader in one of crypto’s fastest-growing industries. With GameFi set to grow at an extraordinary rate over the coming years, it’s becoming increasingly likely that the industry will draw hundreds of thousands of players and investors ready to jump on board the Metacade rocketship.

If you want to be an early investor and ride the wave, then there’s no better time than right now. Metacade is still in its first phase of presale, meaning that you’ll receive 125 MCADE tokens for $1. In phase 8, you’ll get just 50 MCADE tokens for $1. By getting in at the start, you could more than double your future gains while proudly saying you were there from the beginning. As they say, there’s no time like the present!

You can participate in the Metacade pre-sale here.

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