The post The Sandbox Crypto Price Prediction 2023 – 2025: Will The SAND Price Go Up? appeared first on Coinpedia Fintech News
The cryptosphere turned over a leaf of its directory in the bygone year. The new leaf from the directory boasts the diverse sectors such as NFTs, blockchain games, and the metaverse in crypto market. The digital assets from the sectors have portrayed impeccable returns. One such crypto asset is The Sandbox token, which boasts an ROI of 10021.82%.
With to many price fluctuations past few days in market the current price of Sand token is traded between $0.42 – $0.47 per trade. Decentraland and Axie infinity are said to be the top competitors of Sandbox market in terms of technology.
The Sandbox has been enticing not just gamers but marketers from the broader fraternity. Are you one of those who considers Sandbox token in your investment portfolio? Look no further, as we decode the plausible SandBox price prediction 2023 – 2025 and the years to come.
Table of contents
- Overview
- The Sandbox (SAND) Price Prediction 2023 – 2030
- SAND Coin Price Prediction 2023
- The Sandbox Coin Price Prediction 2024
- The Sandbox (SAND) Price Prediction 2025
- CoinPedia’s SAND Price Prediction
- Market Analysis
- What Is The Sandbox (SAND)?
- Fundamental Analysis
- Historic Market Sentiments 2020- 2021
- FAQs
Overview
Cryptocurrency | The Sandbox |
Token | SAND |
Price | $ 0.4647 |
Market cap | $ 0.0000 |
Circulating Supply | 0.0000 |
Trading Volume | $ 0.0000 |
All-time high | $ 0.0000 Jan 1, 1970 |
All-time low | $ 0.0000 Jan 1, 1970 |
The Sandbox (SAND) Price Prediction 2023 – 2030
If they manage to establish themselves more in gaming market, this can result the price of Sandbox price prediction for 2023 could range from $0.612 to $0.972 for the year.
SAND Coin Price Prediction 2023
If The Sandbox picks up 2023 with a positive note, and sees growing user base from the launch of its mobile version in virtual world. Followed by more games, partnerships, and land sales, the price could rise to its maximum value of $0.9723.
Whilst usual buy and sell orders could take the price to average price target of $0.7924. Negative social sentiments and volatility in the market could drag the minimum price to $0.6125.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.612 | 0.792 | 0.972 |
The Sandbox Coin Price Prediction 2024
The composition of addresses by time held is as follows. Presently, SAND is held the most by cruisers (1 – 12 M), the count of cruisers stands at 120.17k addresses. This is followed by traders (<1 M), with 10.34k addresses. And then by hodlers (1Y+) at 9.07k addresses.
Learning from the graphical representation, whilst the count of hodlers and cruisers has been rising steadily. That of traders has been on a decline. Successively, the rise of long-term investors could push SAND’s price to $1.5138.
On the flip side, the sand token could take the minimum level to $0.9768. Successively, considering the bullish and bearish targets the average price might find its base at $1.2453.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.976 | 1.245 | 1.513 |
The Sandbox (SAND) Price Prediction 2025
It is known to the masses that the crypto-verse has been taking giant strides towards diverse sectors. As NFTs, blockchain based games, and metaverse thrives over the years. The Sandbox would glorify further. Moreover, if the planned updates materialize as per the whitepaper. Then the price could hit its potential high of $1.8364, by the end of 2025.
On the contrary, if the network fails to captivate the traction of the user base. And falls prey to widespread conjectures, the bears may easily take over. In such a case the SAND price may plummet to $1.2276. That said, with regular buy and sell orders the price could settle at $1.5320.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 1.227 | 1.532 | 1.836 |
The Sandbox (SAND) Price Prediction 2026 – 2030
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 1.616 | 1.966 | 2.284 |
2027 | 1.927 | 2.359 | 2.712 |
2028 | 2.306 | 2.706 | 3.107 |
2029 | 2.747 | 3.189 | 3.685 |
2030 | 3.189 | 3.724 | 4.246 |
CoinPedia’s SAND Price Prediction
The SAND seems to be unstoppable with a series of events lined up for launch. This NFT based platform is the best-suited investment in the current uncertain market scenario. According to CoinPedia’s formulated The Sandbox price prediction. If the network launches the updates such as liquidity mining, staking, and game maker, the price could propel to $0.972.
That said, if the network fails to execute its plan, then the price could sink to $0.612 by the end of 2023. If the digital asset continues to trade as usual without any major swings. The price could settle at average levels of $0.792.
Market Analysis
2023 | 2024 | 2025 | |
Wallet Investor | $0.0494 | $0.0342 | $0.0112 |
DigitalCoinPrice | $0.83 | $1.05 | $1.38 |
Trading Beasts | $0.505 | $0.521 | $0.650 |
*The aforementioned targets are the average targets set by the respective firms.
What Is The Sandbox (SAND)?
The Sandbox has been a blockchain-backed virtual space where users can play, create, buy, sell and monetize their gaming experiences. The motive of the platform is to unleash players’ creativity by allowing them to build the platform of their vision.
The Sandbox metaverse world has been deployed on top of the Ethereum blockchain. It makes use of the PoS (Proof-of-Stake) consensus mechanism. However, the platform has its own native token SAND, a classic version of the ERC-20 token.
The Sandbox metaverse facilitates a digital piece of real estate called LAND. The key goal behind the idea is to enable game developers and creators to design and monetize their virtual experiences. In particular, players are allowed to lease and stake on their LANDs. One needs to have SAND in their wallet in order to make purchases.
Company Details
sandbox
- Gaming / E-Sports
- Metaverse
The Sandbox is a blockchain-backed virtual space where users can play, create, buy, sell, and monetize their gaming experiences. The purpose of the platform is to unleash players’ creativity by allowing them to build the platform of their vision. The project was launched in 2011 by Pixowl, which was founded by Arthur Madrid and Sebastien Borget. Successively, as per the whitepaper, the vital goal of the platform is to revolutionize the mainstream gaming space with blockchain-backed technology. The metaverse project has been deployed on top of the Ethereum blockchain. It makes use of the PoS (Proof-of-Stake) consensus mechanism. However, the platform has its own native token, SAND, a classic version of the ERC-20 token. The Sandbox metaverse facilitates a digital piece of real estate called LAND. The objective behind the idea is to enable game developers and creators to design and monetize their virtual experiences. Players can lease and stake on their LANDs in particular. One needs to have sand in their wallet in order to make purchases.
Fundamental Analysis
The Sandbox was launched in the year 2011 by Pixowl company. There are two co-founders of the platform Arthur Andres Madrid and Sebastien Borget. As per their whitepaper, the vital goal of the platform is to revolutionize the mainstream gaming space with blockchain-backed technology.
Furthermore, the platform released the Alpha update in December 2018. And allocated creator funds to incentivize developers for developing items on its blockchain. Initial funding happened in May 2019, the platform has confirmed a $4.5 million seed round. From reputed tech firms including True Global Ventures, Square Enix, and Hashed.
In December 2019, the ecosystem confirmed its first LAND sale featuring a total of 2.5% of the estate. Further, the platform released a Beta version of VoxEdit in February 2020. To drag the traction of a larger user base. The liquidity mining and staking program was launched in September 2020.
Historic Market Sentiments 2020- 2021
- The Sandbox entered the market in September. The SAND price was almost stable and hovered around $0.04 throughout the year.
- The Sandbox price had kickstarted the year with a gradual rise from $0.04064. The price had maintained a steady uptrend up to $0.8491 surging more than 500% within three months. As bears took over control, the SAND price took a steep fall to $0.1899 by early June. The second quarter commenced on a bullish note, SAND took a gradual rise to $0.831 by late September.
- The announcement of Facebook’s rebranding to Meta and other announcements helped SAND surge over 500% to its ATH of $8.36 by November 25th. However, bearish trends and increased volatility led to the year’s closure at on the 15th of December. After a rebound to $6.90 on the 26th of December, SAND closed its $5.936.
FAQs
SAND could be a profitable investment for the long term, with the future of blockchain traversing across diverse sectors.
The price of SAND could hit its potential high of $0.972 by the end of 2023.
The digital asset might surge as high as $1.8364 by the end of 2025. With a potential surge the price can go as high as $4.246 by the end of 2030.
SAND is available for trade across prominent cryptocurrency exchange platforms such as Binance, KuCoin, Huobi Global, and FTX, amongst others.
The all-time-high of SAND stands at $8.44, which was hit on the 25th of November 2021.
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