Apple’s venture into mixed reality triggered a major price spike for the native tokens used in metaverse projects.
Apple’s highly anticipated mixed-reality headset is expected to be released in the next few weeks.
The development is causing another surge in metaverse tokens among them Metacade’s MCADE token.

Today, Metacad’s (MCADE) prices have risen by 20 percent as hype builds around the Apple Mixed-Reality Headset.

Apple is expected release its new mixed reality headset in the coming week. This could be a game changer for the metaverse.

What does Metacade’s new mixed-reality headset mean?

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.

After a bearish market which affected the entire crypto-market over the last few weeks, the Metaverse token has once again surged. Metacade’s MCADE is the native token that has the highest surge today, with a gain of 20.59%.

Metacade Price Chart for the Day

Udi Worthheimer, an independent developer, highlighted this trend in a comment that was harsh and pointed out how absurd it is to have influencers create meme coins. He also said the same could apply for the metaverse tokens released after the launch of the Apple headset.

CT has no idea that Apple will launch its mixed reality headset within 3 weeks.

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

Why do you idiots continue to buy influencer coins?

You can now order online.

— 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 cast doubts on the importance of the launch for the revival of cryptocurrency-related metaverse.

Metaverse tokens and virtual reality: a correlation

Most crypto participants think there’s a strong correlation between metaverse tokens and virtual reality. The Metacade is a newer platform that has just a couple of months of existence. They have already launched game development after successfully completing their presale, and listed the MCADE tokens on several popular cryptocurrency exchanges. Decentraland on the other hand is in the process building its VR capabilities.

During the 2021 crypto Bull Run, the popularity of metaverse projects like MANA or SAND exploded.

Gilbert says that the success of metaverse tokens depends on how many users adopt the metaverse.

Metaverse projects are generally well supported by gamers and game developers, who have played a major role in giving metaverse tokens a real-life application. Metaverse projects and their native tokens are very well received by the market.

Metacade for example has seen a huge uptake since it announced the presale. First, the presale was so fast. Uniswap, BitMart, and MEXC Global are popular centralized cryptocurrency platforms that have listed the token. This shows the level of expertise amongst the crypto community.

The hype surrounding the much-anticipated Apple headgear is likely to cause some significant MCADE prices to move, but it is unclear whether this effect will last, as a fully immersive Metaverse experience may still be a ways off, judging by the time between the launch of the iPhone, and the availability apps that fully integrate the hardware.