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• Metacade, a crypto gaming platform, has sold out its initial presale stages within weeks, raising more than $4.9m in funding.
• Experts suggest that early investors could see 10X gains from the MCADE utility token and native currency coin in 2023.
• MCADE’s value is set to rise to $0.02 by the end of the ninth and final presale stage, before launching on decentralized exchanges (DEXs).

Crypto Gaming Platform Metacade Has Potential to 10X in 2023

Metacade Initial Presale Sells Out Quickly

Investors searching for potential gains in 2023 have been wowed by the news that Metacade’s initial presale stages have sold out within a matter of weeks as bullish investors poured more than $4.9m of funding into the fledgling crypto gaming platform.

Experts Suggest Early Investors Could Enjoy 10X Gains

With MCADE’s presale continuing to attract massive interest in subsequent presale rounds, some experts are predicting that early investors could enjoy 10X gains in 2023. Metacade could be the buy of the year Forward-thinking investors and crypto gaming enthusiasts have been effusive in their early backing of Metacade during the presale, supporting the platform’s aim of delivering the most comprehensive range of online arcade games in the metaverse.

MCADE Value Set to Rise During Presales Stages

The momentum behind the presale has picked up pace in stage 3, which indicates that the value of Metacade’s utility token and native currency coin is set to surge in the short term, with potentially enormous long-term gains to be realized in the coming years. Beginning at $0.008 per token in the beta phase, MCADE’s value is set to rise to $0.02 by the end of the ninth and final presale stage.

Long-Term Potential & Explosion In GameFi Sector

Expectations are that price could leap once MCADE becomes available to public markets due to its ambitious white paper outlining long-term potential combined with wider projected explosionin GameFi sector over next five years and plans place themselves center crypto gaming for years come means has potential achieve 10X gains this year how high reach?

MCADE Set To Launch On DEXs After Final Presales Stage

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• 60% of institutional investors are bullish on Ethereum and believe it has a better growth outlook in 2023.
• Bitcoin is also seen as a potential investment, while other coins that are attracting institutional investors are Polkadot, Cardano, and XRP.
• Speculative interest and exposure to distributed ledger technology are two main reasons for the increased interest in Ethereum.

Institutional investors are increasingly seeing Ethereum as a viable investment option in 2023. The second largest cryptocurrency by market cap, worth nearly $190 billion, is gaining traction as more investors are viewing it in a positive light. This is evidenced by a survey published by digital assets manager CoinShares in January 2023, which revealed that 60% of respondents from major wealth majors, family offices, hedge funds, and financial advisors believe Ethereum will be a better investment in 2023 than was the case going into the third quarter last year.

A comparison of the survey results from January 2023 with those published by CoinShares in October 2022 shows that the bullish sentiment around Ethereum has increased by 20%. This increase in interest is mainly attributed to speculative interest and exposure to distributed ledger technology. Ethereum is the most popular platform for developing decentralized applications (dApps) and is the most widely used blockchain technology in the world.

Bitcoin is also seen as a potential investment, with its market cap as of 27 January 2023 standing at over $482 billion. Other coins that are attracting institutional investors are Polkadot, Cardano, and XRP. Polkadot is an interoperable blockchain network, Cardano is a smart contracts platform, and XRP is a digital asset designed for payments and money transfers.

The increasing interest in Ethereum is a sign that the cryptocurrency is being taken more seriously by institutional investors. This could lead to further growth for the cryptocurrency in the coming months and years, as more investors are likely to be attracted to its potential. Moreover, the increased interest in Ethereum could also lead to increased interest in other cryptocurrencies, such as Bitcoin, Polkadot, Cardano, and XRP.

• Axie Infinity (AXS) has hit a high of $13.83 today, making it today’s top gainer.
• The increased gaming activity on the Axie Infinity blockchain is largely behind the ongoing bullish price action.
• Axie Infinity is a blockchain-based battling game owned and operated by players around the world.

The cryptocurrency market has been on a rollercoaster ride in recent months, with wild swings in prices of digital assets. Today, however, one digital asset has bucked the trend and shot up by an impressive 40%. Axie Infinity (AXS) has hit an impressive four-month high of $13.83, making it today’s top gainer.

What is driving this impressive price surge? After a period of consolidation, the increased gaming activity on the Axie Infinity blockchain is largely behind the ongoing bullish price action. Axie Infinity is a blockchain-based battling game owned and operated by players around the world. Inspired by such games as Tamagotchi and Pokémon, and the ability of players to collect, breed, raise, battle, and trade token-based creatures the Axie Infinity ecosystem has grown rapidly over the past year.

The token has gone from trading below $12 since mid-September to a high of $13.83 today. It has also seen a steady recovery since the start of 2023, leading to today’s price surge. Players have seen the potential of the game and have been playing it in droves, resulting in a surge in the token’s price.

The Axie Infinity community is growing rapidly and the team behind the project are committed to the success of the game. They have been hard at work developing new features, optimizing the user experience and expanding the game’s reach. This has resulted in more players joining the game and has had a positive effect on the token’s price.

The team has also been working to integrate the game with other blockchain projects, such as the recent integration of Axie Infinity with the Ethereum-based decentralized finance (DeFi) project Aave. This has made it easier for users to use the token for trading and investing purposes.

Axie Infinity is also a great example of how a game can be used to generate real value. With the token’s price soaring, more players are drawn to the game, leading to further appreciation of the token. It is an example of how a game can be successful and rewarding at the same time.

The team behind the project have also been working to make the game more accessible to new players. They have developed an easy-to-use interface, allowing even novice players to join the game. This has led to further growth of the game, resulting in an increase in the token’s price.

It is clear that the Axie Infinity token has a bright future ahead. With the team working hard to improve the game and make it more accessible to new players, it is likely that the token’s price will continue to rise in the coming weeks and months. As the game continues to grow, more players will join the game and the value of the token will continue to grow.

• Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion.
• Veteran trader and markets analyst Peter Brandt has shared his prediction for Bitcoin price in 2023.
• Bitcoin is up more than 22% in the past seven days, with BTC currently showing resilience above the $20,000 support level.

Bitcoin price broke through the $21,440 mark on major cryptocurrency exchanges for the first time since the FTX implosion. This surge in the crypto market was driven largely by retail investors, as it mirrored the stock market’s Friday surge. This surge in Bitcoin’s price has been followed by a corresponding surge in other altcoins such as Ethereum, which has broken above $1,500, Solana, which has seen its value jump to highs of $24, and Dogecoin, which has risen to as high as $0.088.

The rise in crypto prices has been attributed to the US inflation rate slowing further in December, which suggests that the Federal Reserve may be altering its stance. Veteran trader and markets analyst Peter Brandt has also shared his prediction for Bitcoin price in 2023, highlighting the potential for Bitcoin to reach even higher prices.

Brandt has stated that if the market can consolidate above the psychological level of $20,000 then the potential for Bitcoin to go even higher is immense. Brandt has also predicted that Bitcoin could hit $25,000 by March of this year, suggesting that the bullish trend will continue.

The on-chain data also supports this narrative, as it indicates that the majority of the buying pressure is coming from retail investors rather than institutional investors. This suggests that the surge in Bitcoin’s price is driven primarily by speculation and optimism in the cryptocurrency market.

It remains to be seen if Bitcoin can hold on to its current levels, or if the price will eventually decline. However, the current bullish trend in the crypto market is undeniable, and investors are confident that Bitcoin can reach its all-time highs of $20,000 in the near future. With the right fundamentals, the cryptocurrency market could experience a rapid surge in prices over the next few months.

• Binance coin (BNB/USD) has recaptured crucial support at $266 after a crash caused by adverse publicity.
• The cryptocurrency was previously weighed down by reports of US federal prosecutors investigating Binance for violations of the US Bank Secrecy Act.
• A recovery above $266 sets BNB to the next resistance at $295.

Binance coin (BNB/USD) has seen a remarkable recovery in recent weeks, recapturing crucial support at $266 after a crash caused by adverse publicity. On Tuesday, BNB traded at $274, slowing from a monthly high of $282 the previous day. This recovery comes after the cryptocurrency had lost crucial support at $266 due to the collapse of FTX.

The latest cryptocurrency news suggests that US federal prosecutors have started to investigate the crypto exchange. According to reports, several American firms have been issued subpoenas for their communications with Binance. The exchange is reportedly being probed for violations of the US Bank Secrecy Act, which mandate financial entities to verify their clients in a bid to curb money laundering. BNB price is yet to react to the potential litigation.

The recovery of BNB above $266 sets it up to the next resistance at $295. The cryptocurrency has been able to regain its support level, but it remains to be seen how it will hold up in the face of ongoing uncertainty. The ongoing investigation could potentially weigh down BNB price, and the cryptocurrency may need to break out of the $295 resistance for it to continue its upward momentum.

Investors should be cautious when investing in BNB and continue to monitor the situation. Binance’s woes may not be over yet, and the market could still react negatively to the news of further investigations. It is important to stay up to date with the latest cryptocurrency news and developments in order to make informed decisions.

• Chainlink cofounder Sergey Nazarov believes that crypto could do better than almost all other assets if there is a global recession.
• Nazarov states that crypto has been floated and driven by cheap money created by quantitative easing and federal funds and interest rates that are extremely low.
• Crypto is an anti-inflation hedge, and if there is a recession, it will outperform other assets due to its purpose of creating an alternative financial system.

The world of finance has seen a lot of changes over the past year due to the global pandemic. In an effort to stay afloat, governments have implemented quantitative easing and low federal funds and interest rates. This has had a huge impact on the crypto market, allowing it to flourish and attract more investors than ever before.

Chainlink cofounder Sergey Nazarov believes that crypto could do better than other assets if there is a global recession. Nazarov stated that crypto has been floated and driven by cheap money created by quantitative easing and low federal funds and interest rates. He believes that the macro indicators that made big tech attractive will make crypto attractive unless there is a large global recession.

In such an event, Nazarov believes that crypto is an anti-inflation hedge and will outperform other assets due to its purpose of creating an alternative financial system. This system is designed to be resilient to any potential failures that may arise from a global economic downturn, making it a safer and more attractive investment option.

Nazarov also noted that the recent rally in crypto coins such as Bitcoin, Ethereum, and Solana is likely to be sustainable. He believes that the macro indicators that made big tech attractive will make crypto attractive, as well as its anti-inflationary qualities.

It is clear that Nazarov is bullish on the future of crypto, and his views suggest that it could outperform other assets if there is a global recession. This could be a great opportunity for investors to capitalize on the potential of crypto, as it could be a safe and attractive investment option in an uncertain economic environment. Only time will tell if Nazarov’s predictions will come true, but it is clear that the crypto market has a lot of potential moving forward.

• Litecoin (LTC/USD) began 2023 on a strong footing, gaining nearly 13% in the past week.
• The network ended 2022 with a record number of transactions, leading to speculation of further gains.
• However, Litecoin must overcome a key resistance level at $80 before further gains can be made.

The beginning of 2023 has been a positive one for Litecoin (LTC/USD). In the past week, the cryptocurrency has gained 13%, showing that it is well on its way to becoming one of the top performers in the crypto market. This comes at a time when the network ended the previous year with a record number of transactions.

This has led to speculation that further gains are on the horizon. Investors are hopeful that this will be the case, although Litecoin must first overcome a crucial level of resistance at $80 before further gains can be made. This is a key level that Litecoin must break through before it can continue its bullish trend.

One of the reasons why Litecoin has been able to gain traction is because of its successful testing of new technologies. According to Abra CEO Bill Barhydt, Litecoin is the only p2p decentralised payment ecosystem that has outlived 10 years of uptime. Analysts expect the token to return up to 100% heading into LTC’s halving event.

The price of Litecoin has already been reacting to these important developments. On the daily chart, LTC is testing a resistance zone around $77-$80. The price has been trading in a range since mid-December and is now at risk of a breakout. If the bulls manage to break above this key level, then further gains could be in store.

Overall, Litecoin remains bullish, but it must first break through the key level of $80 for further gains to be made. If this happens, then the cryptocurrency could be in for a profitable 2023. Investors will be keeping a close eye on this situation as the year progresses.

• Bonk is a meme coin launched on Solana that has surged close to 2,500% since Christmas Day
• The token has been issued on the Solana blockchain, which has been struggling with outages, top projects fleeing, and its association with Sam Bankman-Fried
• Our analyst warns that this is not the climate for memecoin hysteria

The crypto world is abuzz this week with the talk of Bonk, a doggy token on the Solana blockchain. Bonk was launched on Christmas Day and has since surged close to 2,500%. The token’s price surge in the last hour alone has been 150%. This remarkable rise has come against a backdrop of Solana’s struggles.

In the last few months, Solana has been beset by outages, with many top projects fleeing the blockchain and its association with Sam Bankman-Fried dragging down its price. The price of Solana briefly dipped to as low as $8 last week, but has since bounced back to over $13 due to the surge in Bonk’s price.

The sudden rise of Bonk has intrigued the crypto community. There is something nostalgic in the sudden re-emergence of meme tokens, and one can’t help but think back to 2020 when the likes of Dogecoin were popular. However, our analyst warns that this is not the climate for memecoin hysteria. The volatility of the market and the instability of Solana means that investors should be wary of the potential risks involved.

Ultimately, only time will tell what the future holds for Bonk and Solana. Although the short-term prospects of Memecoin appear to be rosy, there could well be a downturn in the near future. It is important for investors to be aware of the risks and make sure to do their own research before investing in any token.