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The Sandbox (SAND) - USD

Mkt. Cap.
$ 828.19 M
Vol. 24H
SAND 1.26 M ($ 344.06 k)
Open 24h
$ 0.2699
Low/High 24h
$ 0.2690 - $ 0.2807

CryptoCompare Index The Sandbox (SAND) - USD Historical Price

CryptoCompare Index The Sandbox (SAND) - USD

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JavaScript chart by amCharts 3.21.150.2650.2700.2750.280 Price
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Details Token Sale Historical Price Platforms Details Token Sale Historical Price Platforms
Whitepaper
Launch Date
2019-10-29
Max Supply
3,000,000,000.00
Total Supply
3,000,000,000.00
Circulating Supply
2,538,289,190.22
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
SAND is a decentralized cryptocurrency on the Ethereum blockchain, integral to The Sandbox, a blockchain-based gaming platform. Users can create, rent, and monetize virtual worlds using SAND, which is used for buying land, resources, and virtual items like avatars. It also rewards players, developers, and content creators. The Sandbox is a collaboration between Pixowl and Animoca Brands, leveraging their gaming and blockchain expertise. Co-founders Arthur Madrid (CEO) and Sébastien Borget (COO) are instrumental in its development. Madrid's strategic insight and passion for gaming and blockchain have driven the platform's growth, while Borget's operational knowledge and focus on teamwork ensure its success.

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SAND's Bullish Outlook: New ATH in Sight by Q1 2025

-Potential Rally Ahead: The Sandbox (SAND) shows promising signs of hitting a new all-time high (ATH) by Q1 2025.
-Strategic Consolidation: Currently in a consolidation phase, SAND focuses on enhancing its ecosystem and expanding its user base.
-Metaverse Momentum: Growing global interest in metaverses supports a bullish trajectory for The Sandbox.
-Leverage Insights: $9.08M in short liquidations at $0.7628 versus $6.67M in long liquidations at $0.6212 highlights investor optimism.
-Positive Sentiment: Despite current volatility, long-term sentiment towards SAND remains favorable.
-Building for the Future: Strategic developments position The Sandbox for sustained growth in the evolving metaverse space.

The crypto market has expanded to include sectors like NFTs, blockchain games, and the metaverse.
Digital assets in these sectors have shown impressive returns.

Key Competitors:

- Decentraland and Axie Infinity are significant competitors to The Sandbox in terms of technology.

Investment Consideration:

- Are you considering adding Sandbox tokens (SAND) to your investment portfolio? Here’s a breakdown of the price prediction for 2024-2030.

Recent Performance:

- SAND recorded a daily increase of 7.61%.
- Over the past week, it has declined by 10.28%.
- In the last month, the price dropped by 12.36%.
- Year-to-Date (YTD), the return is -57.45%, indicating a long-term bearish sentiment.

Price Predictions:

- If bearish trends continue, SAND may fall to a crucial support level of $0.20 in the upcoming weeks.
- A bullish reversal could push the price up to a high of $0.4050.

Holder Trends:

- The number of long-term holders is increasing, while the number of traders is declining.
- This trend could potentially increase SAND’s price to $0.61.

Average Price Projection:

- Considering both bullish and bearish scenarios, the average price may stabilize around $0.40.

https://coinpedia.org/price-prediction/sandbox-sand-price-prediction/

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