SAND Coin, a primary token in The Sandbox metaverse platform, has been experiencing considerable traction lately. The cryptocurrency surged to a 28-month high and ranked as the 2nd top gainer within 24 hours. As per predictions for 2025 to 2030, the platform might target 8,600% growth, and the coin price could reach $2. Broaching key resistance, the price is currently targeting $1.5. An impressive $400 million turned into profits as the price skyrocketed. If an investment of $1,000 was made in January 2021, ramifications would be significantly fruitful today.
SAND and other gaming tokens including IMX and GALA faced a downturn during the Bitcoin crash. However, Sébastien Borget of The Sandbox is optimistic about the future of Web3 Gaming. Furthermore, the SAND coin leads as one of the top 100 gainers even as Bitcoin hovers near $98K. The Bahamas are keen to endorse their 'Sand Dollar' CBDC, actively aspiring to compel banks to offer their support.
Amid this altcoin season, several coins like IOTA, HBAR, VET and ONDO experienced a surge, with SAND advancing over 30%. Recently, over 60M Sandbox coins were transferred out ahead of the anticipated $133M token unlock. This move spells fear of a potential price crash. Despite a dip of 30%, buyers are still keen, although the price may drop down to $3. The platform also eyeing potential collaborations like Adidas, keeping the retail frenzy buzzing.
SAND Coin News Analytics from Wed, 05 Apr 2017 07:00:00 GMT to Sat, 08 Feb 2025 12:27:19 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -1
