- Sandbox: A Quick Overview
- Sandbox’s Partnerships
- Uniqueness Of The Sandbox
- Sandbox Price Prediction 2030: Technical Analysis And Price History
- Sandbox Price Prediction: Experts’ Opinions
- Is Sandbox A Good Investment? When Should You Enter?
SAND’s price has been fluctuating near its previous 52-week high. After the breakout in June 2021, Sandbox looked as if it was ready to surge, but it failed to continue the momentum and reached its 50-day exponential moving average recently. From our Sandbox price prediction 2030, it will make a clear path for investors on whether to invest in it or not.
Sandbox: A Quick Overview
High volatility is not a new thing in the crypto space, but the Sandbox network is getting enough media attention. It currently ranks in the world of cryptocurrencies at 120, with the last 24-hour trading volume near $57 million. The Sandbox has opened a new virtual universe inspired by Metaverse gaming.
The Sandbox is an Ethereum-based community-driven platform where creators can earn money from their voxel assets and gaming experiences on the blockchain. Players can build, own, and monetize their gaming experiences in this virtual world using SAND tokens, the platform’s native tokens. This token helps players buy and sell LAND and assets, making it the root of every transaction on the platform. In 2011, The Sandbox was launched by Pixowl, a gaming studio. This blockchain-based platform integrates two of the hottest things in the world right now, cryptocurrencies and gaming, with a surprise addition of non-fungible tokens (NFT). The participants of The Sandbox platform will have the authority to create and build land following their desire for a gaming world. Sandbox is one of the leading virtual world ecosystems, with over a million users active over a month. Arthur Madrid, the co-founder and CEO at Pixowl is the central authority behind the project Sandbox, and Sebastien Borget is also a co-founder at Pixowl and serves as the COO of the company. Let’s look at the current details of this coin.
|Price Change 24H||+5.49%|
|Price Change 7D||-0.39%|
|Circulating Supply||1,284,059,808 SAND|
|The Sandbox ROI||+15492.29%|
Sandbox has recently signed BrandShield (BRSD), an online threat detection company, to guarantee the safety of crypto wallets and non-fungible tokens (NFTs) in its marketplace. Moreover, Sandbox has secured more than 50 partnerships to enhance the content on the platform, including brands like Shaun the Sheep, investors such as Square Enix, and iconic companies like ATARI. Sandbox has also collaborated with popular brands like Binance, Bored Ape Yacht Club, and Adidas. Recently Sandbox has partnered with KEB Hana Bank to provide banking services in its Metaverse. These partnerships will help the Sandbox network to gain more attention, growth, and market value.
Uniqueness Of The Sandbox
The Sandbox is unique mainly because it implemented blockchain technology in the world of gaming. Today, the gaming industry is a huge billion-dollar market. The founders aimed to create a universe in which the gamers would be able to create and collect blockchain-based digital assets; essentially, this will revolutionize the gaming market. All in-game assets in the Sandbox are represented by NFTs, which secure the authenticity of players and collectors. The users have also shown interest by buying the virtual world’s LAND in the first round of presales in December 2019.
The Sandbox will also allow the SAND token holders to participate in the governance decisions of the platform via DAO mechanisms, where the participants will be able to exercise their voting rights on key elements of the Sandbox ecosystem. Furthermore, the CERTIK firm authenticates Sandbox’s smart contracts, further expanding trust in the Sandbox ecosystem and digital assets. Each LAND in the Sandbox Metaverse is a unique token on the Ethereum blockchain (ERC-721). The ASSET is a token minted by the players using the ERC-1155 standard. This can be further traded on the marketplace with the main motive to serve the Sandbox Game Maker.
Sandbox Price Prediction 2030: Technical Analysis And Price History
The Sandbox price has continued its bearish rally after hitting an all-time high last year. No high-volume spikes were witnessed, pushing the price up significantly. The SAND coin price was trading in a range-bound area till last November. However, since the beginning of November 2021, the coin had a tremendous spike, taking its price to the all-time high of $8.44. Later, the Sandbox coin faced rejection and dropped below $3 by January 2022.
Later, the SAND coin price again suddenly spiked upwards but couldn’t manage to overtake $5. After that, the coin again faced rejection and dropped to $2.6. The SAND prices were trading sideways till April. Later, the Sandbox price corrected downwards significantly, which took the coin price near $0.90. However, Since May, the coin has been reflecting a flattish trend and trades around $1.2. Today’s Sandbox price is trading around $1.36, below its 50-day and 200-day Moving Averages.
The William Alligator suggests a bullish momentum soon. The immediate resistance level is $1.5, and the Bollinger band’s upper limit is $2.4. It is expected that SAND will break this soon in the upcoming months. Conversely, $1.14 is an immediate support level; if it is broken, then we can see the price level of $0.73, another crucial support level.
By the end of 2022, we can see SAND’s average trading price in the crypto market will reach a high price of $1.37 and a low price of $1.60. In Metaverse, Sandbox plays an essential role in marketing and expansion, so we can expect a price range of $4.05 to $5.02 by 2025. Looking at the fundamentals and growing Metaverse gaming market, we can predict a price of $25.05 to $31.2 by the end of 2030.
Sandbox Price Prediction: Experts’ Opinions
According to Wallet Investor’s analysis, a long-term increase is expected, and the price prognosis for 2027-07-24 is 9.846 US Dollars. With a 5-year investment, the revenue is expected to be around +621.85%. So your current $100 investment may be up to $721.85 in 2027.
Trading Beast forecasts that the Sandbox price is going to increase. Now the Sandbox price is $1.36000, but by the end of 2023, the average Sandbox price is expected to be $1.73267.
Is Sandbox A Good Investment? When Should You Enter?
Yes! Sandbox is an excellent investment by looking at its price history and fundamentals. There is a perfect chance that the Sandbox will be a profitable investment option in the long run. The Sandbox proved to be one of the most talked about and hyped coins in the crypto space. A price of $1.14 can be a good entry point for an astronomical return.
The Sandbox Season 3 will be live soon, and we expect it to bring a new immersive experience for creators and players. SAND has only been outperformed by Axie Infinity (AXS) since the bottom in June 2021. Axie Infinity is another Metaverse game. Snoop Dogg has shaken hands with the Sandbox to give it a new high in the market. The Sandbox ecosystem is actively growing with new users daily and brand partnerships; it is expected to remain viable in the long term. Due to its innovative and underlying principles, the Sandbox has attracted the attention of experienced investors, and it has all of the resources it requires to succeed in the future. However, we advise conducting experts’ opinions and in-depth research before investing in the market.