Avalanche Price Prediction Positive, But Is Metacade’s Crypto Presale a Better Investment?

On the lookout for some crypto gains in 2023? Avalanche has been attracting plenty of attention in recent weeks, but more savvy investors are turning to Metacade’s crypto presale instead. In this article, you’ll learn where experts are placing their Avalanche price predictions for 2023 and why investors are flocking to Metacade for a chance to reap significant rewards. 

Avalanche (AVAX) Is a Strong Ethereum Competitor

Avalanche is a leading layer-1 network that aims to rival the leading smart-contract blockchain, Ethereum, promising high throughput and lightning-fast transaction speeds. It aims to be the go-to solution for dApps and DeFi protocols, using its innovative Avalanche consensus mechanism. This allows Avalanche to process up to 6,500 transactions per second (TPS), but in theory, it can scale up to millions of TPS using subnets. 

AVAX, Avalanche’s native token, plays a crucial role in securing the network, staking, and rewarding validators. Avalanche’s staking rewards, for example, currently run as high as 8.96% (Staking Rewards), which has helped to attract thousands of users to its network. 

A recent Messari report has demonstrated this fact. It states that Avalanche’s daily transactions grew by 85% in Q4 2022, while average transaction costs fell a whopping 26.8% from Q3 to Q4, costing just $0.10 per transaction. This is a fraction of Ethereum’s and has helped to push Avalanche price predictions higher for the rest of 2023. 

Avalanche (AVAX) Price Prediction

While many Avalanche price predictions for 2023 originally saw it breaking beyond the $30 barrier, around double its current price of $15.70, analysts have begun to project that AVAX investors may be in for much higher gains. Several Avalanche price predictions now sit at $56 for the end of the year, while some even think it could challenge its 2022 high of approximately $103.

This target is ambitious but certainly achievable. If these Avalanche price predictions prove correct, then today’s investors could be up 550%+. 

Metacade (MCADE) Rages in Presale

Despite Avalanche’s bullish price forecasts, many investors have chosen to invest in Metacade’s ongoing presale. This comes after significant FOMO in anticipation of multiple big-name exchange listings once the MCADE crypto presale comes to an end.

But why exactly are investors so hyped about…