- Metacade’s native token, MCADE, surged more than 20% in the past 24 hours and 106% over the week.
- This rise coincides with strong player interest ahead of Metacade’s long-awaited mainnet launch.
- The team has announced several major partnerships, highlighting growth since the token’s presale.
Charts show Metacade’s price had been capped by long-term resistance near $0.007 on November 18. Today it trades at roughly twice that level, holding up despite negative sentiment across the crypto market.
MCADE appears positioned for a bullish breakout amid growing enthusiasm as Metacade pushes to become one of the largest platforms in the crypto gaming ecosystem.
With the team delivering the roadmap promised during the successful presale, investors are recognizing value and following the token higher.
Metacade price jumps 106% this week
Metacade’s native token MCADE climbed sharply as the community prepared for the platform’s major mainnet roll-out. Amid excitement over the platform’s early launch today, MCADE rose about 20% in a single day.
On the Bitget exchange—one of the first major platforms to list the token—MCADE traded at $0.014986, close to its daily high of $0.01500 reached earlier. A surge in platform users contributed to a weekly gain of roughly 106%.
CoinGecko data shows the token’s listings across major exchanges rose approximately 162% over the past 30 days.
Metacade mainnet launch is here
Metacade’s price also reacted to market turbulence following the shock resignation of Binance CEO Changpeng Zhao, which impacted broader crypto markets.
While many top altcoins slid to key support levels, MCADE traded at its highest level since June 30. That suggests strong investor confidence in Metacade’s potential, with a key phase of the project kicking off now.
According to the project’s official X account, Metacade opened early access to founding members, issuing exclusive access codes on its website. This early release, ahead of the mainnet, offers founding members a unique in-platform gaming experience.
Metacade announces blockbuster partnerships
Investor sentiment has strengthened around the flurry of announced gaming partnerships, supporting a bullish outlook for MCADE.
Metacade’s team revealed five major partnerships, and CEO Russell Bennett noted in a YouTube update that the company secured 25% more collaborations ahead of the anticipated mainnet launch.
One recent announcement paired Metacade with Galaxia Studios, a fully on-chain games platform that will bring hyper-casual yet addictive titles like Aquatic Wars, Frens On Chain, and Rabbits vs. Turtles to Metacade.
💎 NEW PARTNERSHIP REVEAL 💎
We’re thrilled to welcome @Galaxia3Studios to the Metacade family! 🎮
Get ready for hyper-casual but addictive fun with Aquatic Wars, Frens On Chain, and Rabbits vs Turtles – all listing on our platform!💥
📲Explore: https://t.co/hcXxVD4KFa 🚀🐢 pic.twitter.com/cM2SFliHoh
— Metacade 🎮 (@Metacade_) November 22, 2023
Recent high-profile deals also include a collaboration with Hatchyverse, a play-to-own metaverse game on Avalanche; Re: Anima Game, a free-to-play RPG on Arbitrum; and OBS World, a title aimed at automotive gaming enthusiasts.
What does this mean for MCADE?
The Metacade mainnet launch will formally introduce one of the largest community-driven projects, bringing gaming dApps and in-platform transactions to the public. The full mainnet rollout, expected around November 28, will add more game titles, including releases from the MetaStudio team.
Increased liquidity is another positive as more users engage with the platform; MCADE powers network activity and will see higher utility as adoption grows. With 30 of 40 partners already active on the platform during the early launch, interest could expand further as new users join Metacade.
Allowing game development and content feeds on the platform will also help drive overall token utility and adoption.