The new virtual universe inspired by Sandbox has opened towards NFT auctions, where several pieces have been sold, including the mega yacht. According to announcements from the crypto company, the non-fungible token piece opened with a valuation of 63.9 Ethereum, but in a few hours, it increased in price.
After bottoming in June, SAND has gone on a run of more than 5,000% (from top to bottom). There is no surprise as they have big partners, such as Snoop Dogg and Adidas, helping to provide fundamental value to the coin.
As you can see below, since the bottom in June, SAND has only been outperformed by Axie Infinity (AXS) which is another metaverse game token. You can see that there is a clear trend here starting in Dec 2021. The question is if the trend will continue?
We can remember that Since Facebook announced changing its parent company’s name to Meta, the gaming platform’s native token, SAND, has been previously strongly bullish. Perhaps the current blip can be attributed to the Omicron variant and the resulting dip in most cryptocurrency prices.
How does The Sandbox work?
Pixowl has created three products that people can use on the platform, which empowers their experience by giving them ownership of the content they produce. The first product is the VoxEditor which allows Windows or MC users to create 3D models ranging from humans to animals.
Furthermore, these 3D models can be imported from the VoxEditor to The Sandbox marketplace, and now, these are the ASSETS that a player can use. On the other hand, the second product is the native marketplace of The Sandbox, a major center of attraction for players.
The marketplace allows people to upload, sell, and publish all the NFTs they create for capitalization. Moreover, these uploads pass through to IPFS to offer decentralized storage and accessibility where the ‘ownership’ part comes in.
The Ethereum blockchain records the data and allows the creator to prove ownership; owners can sell their creations after uploading via the marketplace with the help of an initial sale offer.
Lastly, The Sandbox offers The Sandbox Game Maker. It offers developers worldwide or game enthusiasts the to create a game of their own choice on a blockchain without any coding skills. The Game Maker can quickly help people create 3D games, a truly majestic and creative tool from the platform.
What is SAND?
SAND is the native in-game currently of The Sandbox platform and is one of the essential tools to get a whole Metaverse experience. This token helps users buy and sell LAND and ASSETS, making it the basis of every transaction on the platform.
SAND has a supply of 3 billion SAND tokens and is an ERC-20-based token. It trades on all the major crypto exchanges like Gemini, FTX, and Binance.
The Sandbox was launched in 2011 by Pixowl, a games studio. This blockchain-based platform combines two of the hottest things in the world right now, cryptocurrencies and gaming, with a surprise mix of non-fungible tokens.
The users of The Sandbox platform will be able to create and build land following their desire for a gaming world. It is one of the most prominent virtual world ecosystems wherein over a million users are active over a single month.
Arthur Madrid, the co-founder and CEO at Pixowl, is the central authority behind The Sandbox, and Sebastien Borget is also a co-founder at Pixowl and serves as the COO of the company.
Sandbox has collaborated with major brands such as Atari, Binance, Adidas, The Smurfs, DeadMau5, and Bored Ape Yacht Club. With Sandbox, data platforms such as Realm have been motivated to develop non-expendable collections such as “Fantasy Island” that mint 100 virtual islands.
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
||SAND||$ 1.31||$ 1.60 B||0.66%||1.23 B||$ 269.46 M|
SAND Technical Analysis
There is an identical situation as with bitcoin; Wave 4 is anticipated to finish shortly and finish at the provided objectives; after that, we anticipate Wave 5 to begin.
Also, $SAND is attempting to bounce from support since the level of $1 support is presently being held. If we are able to maintain the $1 support, then we may see $2.10 (a move of 100 percent from here).
Below $1, the outlook is quite pessimistic, and we should prepare for a test (price drop) of $0.5 and $0.2 (we should anticipate a drop of more than 50 percent below $1). After starting any transaction, you should place a stop-loss order since the market is quite volatile.
Where to buy SAND
SAND is available in major trading platforms, including Gemini, Crypto.com, and Binance. Gemini and Crypto.com both have great apps on iOS and Android. You need to sign up for an account on one of these exchanges to trade SAND if you don’t already have one. Before proceeding, you may want to read our reviews on crypto exchanges.
Sandbox Price Predictions 2022 to 2030
According to current statistics, The Sandbox (SAND) and perhaps its market environment has been in a bullish cycle for the last year (if exists). According to Wallet Investor’s Ai cryptocurrency expert, there will be a positive trend in the future, and the SAND may be a smart investment to make money. We advocate using this virtual currency in your portfolio since it has a bright outlook. Trading in bull markets is always simpler, therefore you may wish to favor these currencies in the present conditions, but if you are new to trading, always read up on ideal investment tactics.
If The Sandbox starts 2023 on a strong note and grows its mobile user base. The price might reach $21.773 with additional games, collaborations, and property sales.
Buy-and-sell orders might average $18.266. Social feelings and market volatility might push the price to $16.139.
The crypto-verse has made huge progress in several domains. NFTs, blockchain-based gaming, and metaverse thrive. The sandbox would be praised. If the whitepaper’s changes materialize. In five years, the price might reach $50.15.
If the network fails to capture user traction. According to popular belief, bears might easily take over. SAND may drop to $39.87 if this happens. Regular buy-and-sell orders might settle at $45.34
The Sandbox price predictions/SAND forecast was generated by doing an in-depth artificial intelligence-assisted technical analysis of The Sandbox’s historical price data and Sandbox price today. We make every effort to collect as much historical data on the SAND coin as possible, which includes many characteristics such as previous price, The Sandbox market cap, The Sandbox volume, and a few more. If you want to invest in digital cryptocurrency and get a high return on your investment, read these forecasts.
Sandbox Price Prediction 2022
According to our in-depth technical analysis of previous SAND price data, the price of The Sandbox is expected to reach a low of $1.37 in 2022. With an average trading price of $1.41, the SAND price may reach a maximum of $1.60.
Sandbox Price Prediction 2023
The Sandbox’s price is expected to fall to a minimum of $2.00 in 2023. The Sandbox price might reach a maximum of $2.36 with an average price of $2.05 in 2023.
Sandbox Price Prediction 2024
According to the forecast price and technical analysis, the price of The Sandbox is expected to reach a low of $2.79 in 2024. With an average trading price of $2.87, the SAND price may reach a maximum of $3.40.
Sandbox Price Prediction 2025
In 2025, the SAND price is predicted to fall to a minimum of $4.05. Throughout 2025, the SAND price might reach a high of $5.02 with an average price of $4.17.
Sandbox Price Prediction 2026
The SAND price is expected to fall to as low as $6.02 in 2026. According to our research, the SAND price might reach a high of $7.07, with an average expected price of $6.23.
Sandbox Price Prediction 2027
According to our in-depth technical analysis of previous SAND price data, the price of The Sandbox in 2027 is expected to be about $8.81. The Sandbox has a maximum price of $10.34 and an average trading value of $9.06 USD.
Sandbox Price Predictions 2028
In 2028, the price of The Sandbox is expected to fall to a low of $12.58. Throughout 2028, The Sandbox price might reach a high of $15.22, with an average trading price of $13.03.
Sandbox Price Prediction 2029
According to the projection and technical analysis, the price of The Sandbox is anticipated to reach a low of $17.92 in 2029. The SAND price has a maximum value of $22.06 and an average value of $18.57.
Sandbox Price Prediction 2030
The SAND coin price prediction expects prices to fall to a minimum of $25.02 by 2030. The Sandbox price might reach a high of $31.22 with an average trading price of $25.95 by 2030.
Sandbox Price Prediction by Industry Experts
Popular crypto influencer Yuya Hasegawa said that comments on the Sandbox metaverse from financial institutions like Bank of America and JP Morgan and sales of collaborative items with celebrities and popular brands are attracting investors, which could boost its price to greater heights.
Another famous crypto analyst and influencer, Dan Ashmore, believes that SAND could reach $8 this year. According to him, SAND managed to piggyback off the broader boom in the metaverse caused by Facebook rebranding to Meta in October 2021.
Keeping SANDBOX for a good investment because of its numerous advantages and promising future. Because of recent agreements and its participation in the metaverse, this digital asset may see an upsurge in usage. There are a number of things to keep in mind when looking at these kinds of estimates.
Before considering an investment in any cryptocurrency, it is vital to always do your own research beforehand.
FAQs about The Sandbox
What is the highest SAND predicted price for 2022?
The price of SAND is predicted to peak at $1.60 by the end of 2022.
Is The Sandbox (SAND) a good buy?
The value of the Sandbox is projected to climb further as scarcity encourages price increases. Please keep in mind that each investment involves some risk. Simply invest in what you can do before drawing any judgments and conducting as much research as possible.
How far can SAND exchange rate rise?
By the end of the year, the average price of The Sandbox (SAND) might be $1.41. According to the five-year forecast, the coin will easily hit the $6.23 threshold.
What will the value of The Sandbox be in 2030?
In terms of pricing, The Sandbox has the potential to soar to new heights. It is expected that the value of SAND will rise. According to specialized specialists and business analysts, The Sandbox might reach a peak of $43.24 by 2030.
What exchange sell/buy sand?
Binance, KuCoin, Huobi Global, and FTX, among others, trade SAND.
Is SAND a high-yield investment?
SAND is a long-term investment because blockchain’s future spans several industries. SAND increases investment returns.
How much has SAND risen in a year?
At the time of writing, SAND’s YTD returns were 377.1%.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend your research and consultation with a qualified professional before making any investment decisions.