The GameFi sector continues to generate excitement among blockchain investors, with 3D games in the metaverse being a particularly hot topic. Two platforms that have been making headlines recently are The Sandbox and Metacade.
While The Sandbox price has struggled to recover from a year-long slump, Metacade’s hugely successful token presale indicates that it could be the next big thing in the GameFi sector. The MCADE token has continued to gain momentum since its launch, rising by more than 2x in the space of a week. It has also just been listed on two primary exchanges.
Metacade is a community-driven blockchain arcade that aims to offer many different play-to-earn arcade games in a single location. Players can earn cryptocurrency rewards while enjoying various gameplay experiences. The platform also plans to become a central hub for the blockchain community by introducing several unique earning mechanisms and offering a range of on-chain services.
The Sandbox, on the other hand, is a blockchain-based virtual gaming world where players can create, share, and monetize their gaming experiences. With its unique combination of user-generated content and P2E mechanics, The Sandbox offers a new frontier for gamers to explore and connect.
While The Sandbox remains one of the top 3D games in Web3, its reduced price of $0.60 is 92% down from the all-time high of $8.50. However, price analysts have highlighted a key resistance area for The Sandbox price at the $3.50 level, indicating that it still has the potential to rise significantly in the future.
Metacade’s MCADE token has extensive utility on the platform and deflationary tokenomics, leading price analysts to forecast significant returns from the current price of $0.027. Long-term investors are buying the token ahead of a future crypto bull market, which could see the price rise even further.
Ultimately, both Metacade and The Sandbox are expected to rise significantly from their current levels, with the potential for both tokens to reach high price forecasts in the future. However, as a brand new platform in the GameFi sector, Metacade could be preparing for massive action over the coming years, making it an interesting investment opportunity for those looking to enter this market.