Metacade price bullish as the release of Apple’s new virtual reality headset nears

• The native tokens of metaverse projects saw a significant price surge after news of Apple venturing into mixed reality.
• Apple is expected to release its highly-anticipated mixed-reality headset in the coming weeks.
• The development is causing another surge in metaverse tokens among them Metacade’s MCADE token.

Metacad (MCADE) price has surged by 20% today as the hype on the much anticipated Apple mixed-reality headset.

Apple is expected to release its new mixed-reality headset in the coming weeks, something that some believe could breathe fresh life into the metaverse industry.

What does the new mixed reality mean for Metacade?

When news first broke in January this year, about Apple’s plans to release a mixed-reality headset, the native tokens of metaverse projects like Decentraland and Sandbox witnessed significant surges in price.

The Metaverse token is once again surging after a bear market that hit the entire crypto market over the past weeks. Metacade is leading the surge with a surge of 20.59% today.

The trend was highlighted by an independent developer Udi Wertheimer, who in a hard-hitting comment pointed out the absurdity of influencer-driven meme coins saying it could be the same case for metaverse tokens following the release of the Apple headset.

CT is completely oblivious to the fact that Apple is about to launch a mixed reality headset in 3 weeks

Metaverse shitcoins are going to pump so hard it’s not even funny

But you morons keep buying influencer coins

Ok

— Udi Wertheimer 🧙‍♂️ (@udiWertheimer) May 15, 2023

eToro’s market analyst Josh Gilbert held a similar view to Udi Wertheimer and in an interview with a popular media outlet said that he believes the new headset will likely set the crypto market ablaze because of Apple’s high-quality, market-shifting products.

Gilbert however cast some doubts that the success of the launch is critical to the revival of metaverse-related cryptocurrencies.

The correlation between virtual reality and metaverse tokens

The majority of crypto participants believe there is a huge correlation between virtual reality and metaverse tokens. That said, it is worth noting that while the Metacade which is just a few months old already started game development on its platform after successfully completing its presale and listing of its MCADE…