DOGE and SHIB are currently over 90% below their all-time high (ATH) and their price predictions portend a tough road ahead.
It is widely believed that the GameFi industry has a brighter future than meme coins. GameFi can revolutionize the entire gaming industry, while meme coins don’t do much. Therefore, the price predictions for Dogecoin and Shiba Inu are less optimistic than for Metacade, a new platform that could change the game forever.
Dogecoin and Shiba Inu price predictions are likely to provide investors with gains, but it is unclear if the two meme coins will ever reach their previous highs. DOGE peaked at $0.74 in 2021, while SHIB hit $0.000088 around the same time.
Explosive price action ensued during this period, as both meme coins peaked at the peak of the bubble in 2021. DOGE and SHIB, however, saw severe price declines in 2022.
GameFi’s new Metacade platform, on the other hand, has a very different future ahead of it. The MCADE token recently launched its pre-sale, raising over $3.5 million in fundraising over nine weeks. Now, Metacade could become one of the major players in the Blockchain gaming space.
Will DOGE Reach $1?
DOGE is expected to reverse its downward trend in the coming years, as the broader crypto market recovers from the current bear market. However, the utility of the DOGE ecosystem is not comparable to that of other major altcoins, which could wipe out the token’s profits.
DOGE may find it difficult to break the resistance at $0.31, which challenges the $1 long-term price target. If DOGE manages to break through, it can target its previous all-time high at $0.74.
Will SHIB Reach $0.0001?
The Shiba Inu price prediction shows that SHIB is a long way from $0.0001. The token is facing stiff resistance at $0.000021 and $0.000035, so there is still work to be done before it can reach its previous ATH of $0.000088.
However, if SHIB can break these levels, according to the Shiba Inu price prediction, it could hit $0.0001 in the next few years, especially if the Shibarium upgrade is successful, and the project expands the number of dApps available on the market. ecosystem.
Will MCADE Reach $5?
Metacade has great growth potential in the coming years. Contrary to Dogecoin and Shiba Inu price predictions, Metacade will enter price discovery once the pre-sale is complete. In the early years, there will be little resistance to MCADE, as new cryptocurrencies often make incredible early-stage gains.
After the pre-sale, not only will the project gain momentum, but the broader crypto market will pick up around the same time. Therefore, Metacade has the potential to skyrocket in 2023 and beyond, reaching $5 by 2025.
In conclusion, Metacade is likely to be a great buy in 2023, but investors need to be quick to get the best possible price. The value increases from $0.008 to $0.02 over the course of the event, with each funding round expected to be completely depleted.
By Audy Castaneda
