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.
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.
SAND Overview
Sandbox Overview
Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
---|---|---|---|---|---|---|---|
SAND | $ 2.84 | $ 3.20 B | 2.73% | 1.12 B | $ 427.42 M |
The Sandbox Technical Analysis
Sandbox price is exceptionally bullish for 2021 as it rose by massive amounts this year. However, the token started in August at $0.05 and $0.07 in the same month. A bearish downtrend followed a price drop below $0.03 in Jan 2021. However, by the end of January, the SAND coin was above $0.08.
Following a similar bullish pattern, the price of the SAND coin reached $0.8 by the end of March 2021. The price increase accompanied a bearish trend wherein the entire crypto market fell to lower levels. The SAND price fell back to $0.1, further rallying to$0.7 in August. By the time August ended, SAND was at $0.9.
Sandbox price finally reached $1 starting September, generating a new ATH. However, this was followed by a bearish trend to $0.6. By later October and early November, SAND rallied to $3, dropping to $2.2 by mid-November. Bulls once again took the token for a ride as SAND made a new all-time high at $8.4 by the end of November.
As seen in the daily Sandbox price chart below, The Sandbox token goes through a bearish phase after reaching a new ATH. The Bollinger Band was extremely narrow, but the prices have turned bullish since November. This bullish outburst of the SAND token led to multiple breaches from the upper end of the Bands.
The 50-day and 100-day price actions continue to remain below the price movement. These levels are essential to support zones for the price action. Today’s Sandbox price is also bearish, down by 31.43% from ATH. On the other hand, the coin’s current price rests below $6.
Source: Trading View
SAND’s current price is below the 50-day and 100-day Moving average. SAND’s current price needs to break through the $3.50 trendline to resume its uptrend. In addition to this, its technical indicators indicate that SAND is in a strong sell zone.
SAND will rise by 11.49% and reach $ 3.17 by 14 March 2022 according to CoinCodex. According to their technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing Extreme Fear. The Sandbox recorded 11/30 (37%) green days with 17.85% price volatility over the last 30 days. Additionally, they believe that it’s now a bad time to buy SAND.
SANDBOX Price Prediction 2022
SAND will reach a minimum price level of $4.06 and a maximum price of $4.74, with an average trading price of $4.21. Based on the available data, SAND may see a slight increase in the price, thus making it a good investment for this year.
Year | Minimum price | Average price | Maximum price |
Mar-22 | $ 2.86 | $ 3.17 | $ 3.26 |
Apr-22 | $ 3.14 | $ 3.29 | $ 3.41 |
May-22 | $ 3.27 | $ 3.42 | $ 3.55 |
Jun-22 | $ 3.41 | $ 3.56 | $ 3.72 |
Jul-22 | $ 3.48 | $ 3.63 | $ 3.89 |
Aug-22 | $ 3.62 | $ 3.74 | $ 4.04 |
Sep-22 | $ 3.73 | $ 3.85 | $ 4.23 |
Oct-22 | $ 3.85 | $ 3.97 | $ 4.38 |
Nov-22 | $ 3.93 | $ 4.05 | $ 4.58 |
Dec-22 | $ 4.06 | $ 4.21 | $ 4.74 |
Source: PricePrediction.net
SANDBOX Price Prediction 2023
SAND will have a noticeable price increase in 2023 but not as high as to be distinctive from 2022.
Year | Minimum price | Average price | Maximum price |
Jan-23 | $ 2.82 | $ 3.32 | $ 4.15 |
Feb-23 | $ 2.87 | $ 3.38 | $ 4.22 |
Mar-23 | $ 2.91 | $ 3.42 | $ 4.28 |
Apr-23 | $ 3.00 | $ 3.48 | $ 4.35 |
May-23 | $ 3.00 | $ 3.53 | $ 4.41 |
Jun-23 | $ 3.04 | $ 3.63 | $ 4.48 |
Jul-23 | $ 3.08 | $ 3.58 | $ 4.54 |
Aug-23 | $ 3.13 | $ 3.68 | $ 4.61 |
Sep-23 | $ 3.18 | $3.74 | $ 4.67 |
Oct-23 | $ 3.22 | $ 3.79 | $ 4.73 |
Nov-23 | $ 3.26 | $ 3.84 | $ 4.80 |
Dec-23 | $ 3.31 | $ 3.89 | $ 4.86 |
Source: Trading Beast
SANDBOX Price Prediction 2024
According to the data provided below, SAND price continues in a bullish trend in 2024. Furthermore, the SAND price will continue in a bullish momentum and attempt to create new highs. The token price could reach a maximum of $5.6.
Year | Minimum price | Average Price | Maximum Price |
Jan-24 | $ 3.35 | $ 3.94 | $ 4.92 |
Feb-24 | $ 3.40 | $ 4.00 | $ 4.90 |
Mar-24 | $ 3.43 | $ 4.04 | $ 5.05 |
Apr-24 | $ 3.48 | $ 4.09 | $ 5.11 |
May-24 | $ 3.52 | $ 4.13 | $ 5.17 |
Jun-24 | $ 3.56 | $ 4.19 | $ 5.24 |
Jul-24 | $ 3.60 | $ 4.23 | $ 5.30 |
Aug-24 | $ 3.64 | $ 4.23 | $ 5.36 |
Sep-24 | $ 3.69 | $ 4.33 | $ 5.42 |
Oct-24 | $ 3.73 | $ 4.38 | $ 5.48 |
Nov-24 | $ 3.77 | $ 4.43 | $ 5.54 |
Dec-24 | $ 3.81 | $ 4.48 | $ 5.60 |
Source: Trading Beasts
SANDBOX Price Prediction 2025
SANDBOX price prediction 2025 depicts that the token will experience a change of 69.85% and trade at a maximum value of $6.29 by the end of the year 2025. Furthermore, the price prediction shows a bullish momentum in 2025.
Year | Minimum Price | Average Price | Maximum Price |
Jan-25 | $ 3.85 | $ 4.53 | $ 5.65 |
Feb-25 | $ 3.89 | $ 4.58 | $ 5.71 |
Mar-25 | $ 3.93 | $ 4.61 | $ 5.77 |
Apr-25 | $ 3.97 | $ 4.67 | $ 5.83 |
May-25 | $ 4.01 | $ 4.71 | $ 5.88 |
Jun-25 | $ 4.05 | $ 4.76 | $ 5.94 |
Jul-25 | $ 4.08 | $ 4.80 | $ 6.00 |
Aug-25 | $ 4.12 | $ 4.84 | $ 6.06 |
Sep-25 | $ 4.16 | $ 4.90 | $ 6.11 |
Oct-25 | $ 4.20 | $ 4.94 | $ 6.17 |
Nov-25 | $ 4.24 | $ 4.98 | $ 6.23 |
Dec-25 | $ 4.27 | $ 5.03 | $ 6.28 |
Source: Trading Beasts
SANDBOX price prediction 2026 and beyond
It is essential to know that SAND’s prediction indicated that the token is profitable in 2022 and beyond. However, you need to know that this is not financial advice, and all investors and cryptocurrency enthusiasts are encouraged to do their research before making any financial decision.
The available information regarding the price prediction of SAND in 2026 and beyond showcases that the token can achieve significant growth.
Furthermore, the available data indicates that SAND price prediction for 2026 will be at the lowest possible level of $16.37 in 2026. As per the findings, the SAND price could reach a maximum price of $16.37 in 2026.
In 2027, the average price of SAND would be around $24.26. In 2028, SAND price prediction is projected to have an average price of $35.59. Also, in 2029, we expect the average price of SAND to be $49.25. We hope for the same momentum in 2030 as we should see SAND’s average price at $105.01.
SAND is a good investment considering the token rose by more than 332% in November 2021. As per the graph below from DigitalCoinPrice, SAND will breach all the current resistance levels and make a new ATH very soon.
If you had bought one SAND token 90 days earlier when the coin was at $0.5833 (as per data from CoinMarketCap) and sold it at the all-time high of 8.51 USD, you would’ve increased your holdings by 1458.9%.
SAND Price Prediction by Industry Experts
The Sandbox announced on Twitter this week about its release of Alpha Season 2 in the metaverse. This will allow more experienced improved Play&Earn. With announcements like this and more developments in its ecosystem — including its involvement in the metaverse— SAND is positioned for more growth.
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.
Further fuel was provided via high-profile partnerships, including Gucci, Warner Music Group, and Snoop Dogg (offering shopping experiences, virtual concerts, and playable avatars, respectively). Particularly exciting going forward is the focus on user-generated content. Objects and interactive games can be created and sold on the marketplace. With the internet increasingly focused on content creation (YouTube, TikTok etc), ATH above $8 could be achievable in the next year or two. However, that will depend on the wider crypto market.
Dan Ashmore
Conclusion
Due to the benefits and immense prospect of SANDBOX, holding it for an extended period is profitable. Also, the tech behind it – including recent partnerships and its involvement in the metaverse can also drive more adoption to this digital asset. However, you need to always consider that projections like these are not the most important factors.
As said earlier, it is essential to always do your research before you think about investing in any cryptocurrency.
FAQs about SAND
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.
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.
Source: https://www.cryptopolitan.com/the-sandbox-price-prediction/