Will SAND Price Hit $1.75 Soon?

  • Bearish Sandbox (SAND) price ranges from $0.7022 to $0.9108 within the past seven days.
  • Analysis suggests that the SAND price might reach above $1.75 soon.
  • The SAND bearish market price prediction for 2023 is $0.5585.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, The Sandbox (SAND) is one of them.

The Sandbox is an Ethereum-based software that manages a decentralized virtual game universe. At its core, The Sandbox is a game in which players may purchase digital parcels of land (known as LAND) and build shared experiences on top of them. The Sandbox is an example of a blockchain-based metaverse similar to Decentraland (MANA).

If you are interested in the future of SAND and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!

The Sandbox (SAND) Market Overview

NameThe Sandbox
Symbolsand
Rank#42
Price$0.726748
Price Change (1h)-0.13397 %
Price Change (24h)-10.00417 %
Price Change (7d)-2.87333 %
Market Cap$1279393347
All Time High$8.4
All Time Low$0.02897764
Circulating Supply1759532026.22 sand
Total Supply3000000000 sand

What Is Sandbox (SAND)? 

The Sandbox is a blockchain-powered virtual world where users may develop, construct, purchase, and exchange game-based digital assets. Combining the capabilities of decentralized autonomous organizations (DAO) with non-fungible tokens, The Sandbox creates a decentralized game platform (NFTs).

According to the official whitepaper, the primary objective of The Sandbox platform is to integrate blockchain technology with popular games efficiently. The platform’s primary purpose is to encourage a creative “play-to-earn” strategy that allows users to be both producers and players concurrently. The Sandbox employs blockchain technology by generating the SAND utility token, streamlining platform transactions.

The Sandbox is a one-of-a-kind platform since it integrates blockchain technology into the gaming industry. Pixowl recognized in 2011 that the gaming sector has vast unexplored potential for implementing blockchain technology. The Sandbox seeks to change the industry by allowing players to build and gather blockchain-based goods within a virtual realm, and it carves out a space for itself in the worldwide gaming sector.

The Sandbox develops a metaverse of interested participants contributing to the platform’s ongoing growth by focusing on user-generated content. In addition, by introducing the SAND token, the Sandbox encourages decentralized governance and enables users to voice their thoughts on the project’s evolution. In blockchain-based initiatives, decentralized governance is becoming a necessity due to the development of technology.

The Sandbox virtual world is based on the Ethereum blockchain, so the proof-of-stake (PoS) consensus mechanism protects it. The SAND token is an ERC-20 token with the standard version; thus, its owners may stake it and get staking rewards.

In contrast to the proof-of-work (PoW) consensus process utilized by the Bitcoin blockchain, proof-of-stake (PoS) does not necessitate massive quantities of electrical or computational resources to confirm transactions; it depends on those with the highest SAND token holdings. The PoS consensus technique enables a wide variety of applications while maintaining the safety of staked assets.

Analysts’ View on The Sandbox

Saudi Arabia has joined forces with The Sandbox to embark on groundbreaking cryptocurrencies and Metaverse initiatives.

Another analyst tweeted that the collaboration between Saudi Arabia and #SAND has sparked a frenzy in the crypto world, causing #SAND to shoot up the ranks and become one of the top 10 tokens snapped up by the largest 1k #ETH holders.

The Sandbox (SAND) Current Market Status

According to CoinMarketCap, The Sandbox (SAND) is hovering over $0.7999 at the time of writing, with a total of 1,499,470,108 SAND in circulation. SAND has a 24-hour trading volume of $492,729,837, a 50.69% decrease. And during the past 24 hours, the price of SAND decreased by 8.83%. 

The most popular exchanges to trade The Sandbox (SAND) are Binance, OKX, ByBit, BingX, and BTCEX. Let’s continue with our SAND price research for 2023.

The Sandbox (SAND) Price Analysis 2023

By market capitalization, SAND ranks 44th on CoinMarketCap’s list of the biggest cryptocurrencies. Will The Sandbox’s most recent improvements, additions, and modifications help the SAND price rise? First, let’s focus on the charts in this article’s SAND price forecast.

The Sandbox (SAND) Price Analysis – Keltner Channel

SAND/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

When volatility bands are positioned on either side of an asset’s price, it is possible to determine a trend with the Keltner Channel. The Sandbox (SAND) price can be predicted using the Keltner Channel indications for SAND/USDT. The price is touching the first half of the channel, meaning people are accumulating SAND. For a better risk-free scenario, we should wait for a downturn or a better entry point to improve the reward-to-risk ratio.

The Sandbox (SAND) Price Analysis – Relative Strength Index

SAND/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

During uptrends, the RSI tends to remain more stable than during downtrends. It makes sense, considering that the RSI tracks gains and losses. The value of the 1-Day chart is 57.26, if more buyers are starting to accumulate SAND, we can expect SAND to reach another resistance level and higher in 2023.

The Sandbox (SAND) Price Analysis – Moving Average

SAND/USDT 4-Hour Chart Showing 200-MA and 50-MA (Source: TradingView)

Above is a 1-day The Sandbox (SAND) 200-day and 50-day Moving Averages (MAs) chart. Looking at the chart above, SAND is now running sideways for an extended period. The SAND 50-day MA is above the 200-day MA, indicating that the market is gaining bullish momentum.

However, the distance between the two moving averages is still narrow. But the candlesticks are slowly reversing back to 50-day MA, meaning that the price is heading for a pullback, but we need to consider that it’s still above 200-day MA. For an excellent risk-to-reward ratio, it is better to wait for a few reversal patterns for crypto investors. 

The Sandbox (SAND) Price Prediction 2023

SAND/USDT 4-Hour Chart  (Source: TradingView)

Looking at the daily chart of SAND/USDT, the SAND price was swinging from $0.7022 to $0.9108 within the past seven days. Bouncing back from the 200-MA, SAND finally broke out of the wedge and now trading above it. However, it cannot break its weak high and falls back to the previous trendline.

Meanwhile, our long-term SAND price prediction for 2023 is bullish if it cannot break the support level. We can expect SAND to reach above $1.5 this year.

MonthMinimum PriceAverage PriceMaximum Price
January 20230.87660.90000.9254
February 20230.92870.95210.9775
March 20230.96970.99311.0185
April 20231.03181.05521.0806
May 20231.08391.10731.1327
June 20231.12491.14831.1737
July 20231.18701.21041.2358
August 20231.23911.26251.2879
September 20231.28011.30351.3289
October 20231.34221.36561.3910
November 20231.39431.41771.4431
December 20231.43531.45871.4841

The Sandbox (SAND) Price Prediction – Resistance and Support Levels

SAND/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of SAND has decreased in the past few months. It might be breaking its $0.9177 resistance 1 level, however, but retracing back to under it. 

If SAND cannot break the $0.9177 resistance 1 level, the bears may seize control and dethrone SAND to a downtrend stance. In simple terms, the price of SAND might fall to almost $0.5539, indicating a negative signal from the previous support level.

The Sandbox (SAND) Price Prediction 2024

There will be a Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect SAND to trade at a price not below $2 by the end of 2024.

MonthMinimum PriceAverage PriceMaximum Price
January 20241.47341.49681.5222
February 20241.52551.54891.5743
March 20241.56651.58991.6153
April 20241.62861.65201.6774
May 20241.68071.70411.7295
June 20241.72171.74511.7705
July 20241.78381.80721.8326
August 20241.83591.85931.8847
September 20241.87691.90031.9257
October 20241.93901.96241.9878
November 20241.99112.01452.0399
December 20242.03212.05552.0809

The Sandbox (SAND) Price Prediction 2025

We should expect the price of SAND to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, SAND could end 2025 by trading at around $3.

MonthMinimum PriceAverage PriceMaximum Price
January 20252.07022.09362.1190
February 20252.13542.15882.1842
March 20252.20952.23292.2583
April 20252.28572.30912.3345
May 20252.37092.39432.4197
June 20252.47032.49372.5191
July 20252.54662.57002.5954
August 20252.64182.66522.6906
September 20252.72702.75042.7758
October 20252.82642.84982.8752
November 20252.90262.92602.9514
December 20252.99783.02123.0466

The Sandbox (SAND) Price Prediction 2026

Since the maximum supply of SAND is approached by 2026, the bearish market that follows a SANDid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of SAND could break the usual trend and trade at $4.5 by the end of 2026.

MonthMinimum PriceAverage PriceMaximum Price
January 20263.19593.21933.2447
February 20263.26113.28453.3099
March 20263.33523.35863.3840
April 20263.51143.53483.5602
May 20263.57663.60003.6254
June 20263.75073.77413.7995
July 20263.92693.95033.9757
August 20263.99224.01564.0410
September 20264.12964.15304.1784
October 20264.30584.32924.3546
November 20264.37104.39444.4198
December 20264.54514.56854.5939

The Sandbox (SAND) Price Prediction 2027

Investors expect a bullish run next year, 2028, due to the Bitcoin halving. Hence, the price of SAND could consolidate the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, SAND could trade at $6.21 by the end of 2027. Also, SAND is likely to break its ATH value.

MonthMinimum PriceAverage PriceMaximum Price
January 20274.84474.86814.8935
February 20274.90994.93334.9587
March 20274.98405.00745.0328
April 20275.16025.18365.2090
May 20275.22545.24885.2742
June 20275.39955.42295.4483
July 20275.57575.59915.6245
August 20275.64105.66445.6898
September 20275.77845.80185.8272
October 20275.95465.97806.0034
November 20276.01986.04326.0686
December 20276.19396.21736.2427

The Sandbox (SAND) Price Prediction 2028

In 2028, there will be a Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. The Sandbox (SAND) could hit $8 by the end of 2028. 

MonthMinimum PriceAverage PriceMaximum Price
January 20286.67476.69816.7235
February 20286.73996.76336.7887
March 20286.81406.83746.8628
April 20286.99027.01367.0390
May 20287.05547.07887.1042
June 20287.22957.25297.2783
July 20287.40577.42917.4545
August 20287.47107.49447.5198
September 20287.60847.63187.6572
October 20287.78467.80807.8334
November 20287.84987.87327.8986
December 20288.02398.04738.0727

The Sandbox (SAND) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after the Bitcoin halving, could surge the price of SAND to $10.9 by the end of 2029. 

MonthMinimum PriceAverage PriceMaximum Price
January 20298.57478.59818.6235
February 20298.73998.76338.7887
March 20298.81408.83748.8628
April 20298.99029.01369.0390
May 20299.25549.27889.3042
June 20299.42069.44409.4694
July 20299.79479.81819.8435
August 20299.97109.994410.0198
September 202910.236210.259610.2850
October 202910.401410.424810.4502
November 202910.775510.798910.8243
December 202910.951710.975111.0005

The Sandbox (SAND) Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of The Sandbox (SAND) to trade at around $14.25 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

MonthMinimum PriceAverage PriceMaximum Price
January 203011.249811.273211.2986
February 203011.515011.538411.5638
March 203011.889111.912511.9379
April 203012.065312.088712.1141
May 203012.330512.353912.3793
June 203012.495712.519112.5445
July 203012.869812.893212.9186
August 203013.246113.269513.2949
September 203013.511313.534713.5601
October 203013.676513.699913.7253
November 203014.050614.074014.0994
December 203014.226814.250214.2756

The Sandbox (SAND) Price Prediction 2040

According to our long-term The Sandbox price estimate, SAND prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $34.2004 by 2040. If the market becomes bullish, the price of SAND may increase beyond our 2040 forecast.

Minimum PriceAverage PriceMaximum Price
23.940334.200438.5684

The Sandbox (SAND) Price Prediction 2050

According to our SAND forecast, the average price of The Sandbox in 2050 might be above $75. If more investors are drawn to SAND between these years, the price of SAND in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
5275.241078

Conclusion

SAND might reach $1.5 in 2023 and $14 by 2030 if investors decide that it is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is The Sandbox (SAND)?

The Sandbox is a blockchain-powered virtual world where users may develop, construct, purchase, and exchange game-based digital assets. Combining the capabilities of decentralized autonomous organizations (DAO) with non-fungible tokens, The Sandbox creates a decentralized game platform (NFTs).

According to the official whitepaper, the primary objective of the Sandbox platform is to integrate blockchain technology with popular games efficiently. The platform’s primary purpose is to encourage a creative “play-to-earn” strategy that allows users to be both producers and players concurrently. The Sandbox employs blockchain technology by generating the SAND utility token, streamlining platform transactions.

How to buy SAND tokens?

SAND can be traded on many exchanges like other digital assets in the crypto world.  Binance, OKX, ByBit, BingX, and BTCEX are currently the most popular cryptocurrency exchanges for trading SAND. 

Will SAND surpass its current ATH?

Since SAND provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2029. Notably, SAND has a high possibility of surpassing its current ATH in 2028.

Can SAND reach $10 soon?

SAND is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, SAND might break through $5 and reach as high as $10. Of course, if the current market favoring crypto continues, it will likely happen.

Is SAND a good investment in 2023?

SAND is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that SAND is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of SAND?

The lowest SAND price is $0.02894, attained on November 4, 2020, according to CoinMarketCap.

Which year was SAND launched?

SAND was initially launched in 2011.

Who are the co-founders of SAND?

Arthur Madrid co-founded SAND.

What is the maximum supply of SAND?

The maximum supply of SAND is 3,000,000,000 SAND.

How do I store SAND?

SAND can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the SAND price in 2023?

SAND price is expected to reach $1.4 by 2023.

What will be the SAND price in 2024?

SAND price is expected to reach $2 by 2024.

What will be the SAND price in 2025?

SAND price is expected to reach $3 by 2025.

What will be the SAND price in 2026?

SAND price is expected to reach $4.5 by 2026.

What will be the SAND price in 2027?

SAND price is expected to reach $6.21 by 2027.

What will be the SAND price in 2028?

SAND price is expected to reach $8 by 2028.

What will be the SAND price in 2029?

SAND price is expected to reach $10.9 by 2029.

What will be the SAND price in 2030?

SAND price is expected to reach $14.25 by 2030.

What will be the SAND price in 2040?

SAND price is expected to reach $34 by 2040.

What will be the SAND price in 2050?

SAND price is expected to reach $75 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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