SAND Coin has proved its dominance as the
metaverse token recently, hitting a 28-month high and becoming the second top gainer within 24 hours. The bullish price action is credited to the integration with metaverse projects and brand partnerships, such as Adidas, Snoop Dogg, and Warner Music, which have resulted in substantial trading volumes.
The Sandbox, the game that issues the SAND token, has made significant strides, like partnering with major brands and artists, introducing protocol staking and DAO, launching in India, and expanding globally with a
$20 million raise. Predictions for the coin's future performance are mixed. However, three reasons could cause the coin to rally further, according to some experts. Despite these advancements, some negative sentiment still rises; some analysts advise against holding
SAND Coin due to
anticipated token unlocks and potential reclassification as security by the SEC. As the market eagerly awaits the outcome of these events, developers continue to encourage adoption of the SAND token within its gaming ecosystem.
SAND Coin News Analytics from Fri, 21 Feb 2020 08:00:00 GMT to Wed, 04 Dec 2024 17:01:00 GMT -
Rating 6
- Innovation 3
- Information 4
- Rumor -2
