- In a week The Sandbox (SAND) price climbs up over 270%.
- SAND the price was gained from $0.85 to $3.01 in a week.
- On November 3rd, SAND has reached its new all-time high (ATH) at $3.45.
One of the leading blockchain-based metaverses, The Sandbox, the utility token is SAND. In a week The Sandbox (SAND) price climbs up over 270%.
Accordingly, The Sandbox is a community-driven platform where creators can monetize digital assets and gaming experiences on the blockchain. Throughout the ecosystem, SAND is the utility token of The Sandbox. SAND is the utility token built on the Ethereum blockchain.
More so, The Sandbox is a unique platform because it introduces blockchain technology to the world of gaming. The gaming industry is a massive untapped market, to the adoption of blockchain tech, and Pixowl. Moreover, by building a universe where gamers can create and collect blockchain-based assets. The main aim is to revolutionize the market.
Furthermore, recently The Sandbox has secured $93 million in the latest funding round led by SoftBank’s Vision Fund 2. The other investors who participated in the funding round are Animoca Brands, True Global Ventures, Liberty City Ventures, Polygon Studios, Samsung Next, Galaxy Interactive. After this Funding round, SNAD price was moving high, and this might be one of the reasons for the price surge.
SAND Current Market Status
According to the CoinMarketCap, The Sandbox (SAND) price was trading at $3.01 with a 24-hour trading volume of $4,657,848,845. In the last 24-hour SAND price has surged over 7%. The circulating supply of SAND is 892,246,119.22 SAND. It can be traded in crypto exchanges such as Binance, Mandala Exchange, OKEx, FTX, and CoinTiger.
Henceforth, the chart depicts the strong bullish trend of SAND for the past 7 days. In a week SAND’s price climbs up over 270%, the price was gained from $0.85 to $3.01. On November 3rd, SAND has reached its new all-time high (ATH) at $3.45. Therefore, if this bullish trend continues we can expect The Sandbox (SAND) to reach more heights.
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