The Sandbox (SAND), a blockchain-based virtual world allowing users to create, own, and monetize their gaming experiences, has been making significant strides. With a valuation in excess of $1 billion following a fundraising round of $20 million, the platform's
SAND token saw a price surge of 4.5%. The
platform also recently launched The Sandbox DAO with a 25M SAND Treasury. In the GameFi sector, SAND is a significant player, along with Immutable X. It has been speculated that the Sandbox's price could potentially reach a new all-time high by 2024, even as it experiences a few dips along the way. Meanwhile, the Bahamas continues to display confidence in its Sand Dollar CBDC, insisting on bank support while marking a circulation of 0.5% cash in three years. The marketplace for meme coins sees expansion within The Sandbox, now supporting DOGE, PEPE, and SHIB. The platform has experienced significant interest and partnerships with major brands and artists, contributing to its resurgence, even though analysts predict a potential decline for SAND as Bitcoin experiences sell pressure. It's worth noting, however, the alt-season's performance lead by GameFI tokens like GALA, AXS, and SAND.
SAND Coin News Analytics from Wed, 04 Oct 2017 07:00:00 GMT to Tue, 10 Sep 2024 06:21:51 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
