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The Sandbox Price Prediction 2022-2031: HODL or DUMP?

the sandbox

The new virtual universe inspired by Sandbox has opened towards NFT auctions, where several pieces have been sold, including the mega yacht. According to announcements from the crypto company, the non-fungible token piece opened with a valuation of 63.9 Ethereum, but in a few hours, it increased in price.

After bottoming in June, SAND has gone on a run of more than 5,000% (from top to bottom). There is no surprise as they have big partners, such as Snoop Dogg and Adidas, helping to provide fundamental value to the coin. 

Since the bottom in June 2021, SAND has only been outperformed by Axie Infinity (AXS) which is another metaverse game token. You can see that there is a clear trend here starting in Dec 2021. The question is if the trend will continue? Will you HODL or DUMP now that we’re in the middle of a “maelstrom”?

We can remember that Since Facebook announced changing its parent company’s name to Meta, the gaming platform’s native token, SAND, has been previously strongly bullish. Perhaps the current blip can be attributed to the Omicron variant and the resulting dip in most cryptocurrency prices.

Cryptopolitan’s latest SAND price analysis has deduced that the bears control the market with the massive opportunity for further bearish activity. Although the market appears to show potential for a reversal, we can’t be sure if it will happen. However, the breakout could be a silver lining for the SAND cryptocurrency as they have their market engulfed in bearish dominion. The bulls could be the new victors of the market in the near future. This could happen in the coming week as the Metaverse has strong supporters.

Today’s The Sandbox price today is $1.03 with a 24-hour trading volume of $344,874,798. The Sandbox is down 6.38% in the last 24 hours. The current CoinMarketCap ranking is #36, with a live market cap of $1,290,701,694. It has a circulating supply of 1,258,626,081 SAND coins and a max. supply of 3,000,000,000 SAND coins.

Also Read: The Sandbox price analysis: SAND continues higher, set to discover $3 today?

How does The Sandbox work?

Pixowl has created three products that people can use on the platform, which empowers their experience by giving them ownership of the content they produce. The first product is the VoxEditor which allows Windows or MC users to create 3D models ranging from humans to animals.

Furthermore, these 3D models can be imported from the VoxEditor to The Sandbox marketplace, and now, these are the ASSETS that a player can use. On the other hand, the second product is the native marketplace of The Sandbox, a major center of attraction for players.

The marketplace allows people to upload, sell, and publish all the NFTs they create for capitalization. Moreover, these uploads pass through to IPFS to offer decentralized storage and accessibility where the ‘ownership’ part comes in.

The Ethereum blockchain records the data and allows the creator to prove ownership; owners can sell their creations after uploading via the marketplace with the help of an initial sale offer.

Lastly, The Sandbox offers The Sandbox Game Maker. It offers developers worldwide or game enthusiasts the to create a game of their own choice on a blockchain without any coding skills. The Game Maker can quickly help people create 3D games, a truly majestic and creative tool from the platform.

What is SAND?

SAND is the native in-game currently of The Sandbox platform and is one of the essential tools to get a whole Metaverse experience. This token helps users buy and sell LAND and ASSETS, making it the basis of every transaction on the platform.

SAND has a supply of 3 billion SAND tokens and is an ERC-20-based token. It trades on all the major crypto exchanges like Gemini, FTX, and Binance.

The Sandbox was launched in 2011 by Pixowl, a games studio. This blockchain-based platform combines two of the hottest things in the world right now, cryptocurrencies and gaming, with a surprise mix of non-fungible tokens.

The users of The Sandbox platform will be able to create and build land following their desire for a gaming world. It is one of the most prominent virtual world ecosystems wherein over a million users are active over a single month.

Arthur Madrid, the co-founder and CEO at Pixowl, is the central authority behind The Sandbox, and Sebastien Borget is also a co-founder at Pixowl and serves as the COO of the company.

Sandbox has collaborated with major brands such as Atari, Binance, Adidas, The Smurfs, DeadMau5, and Bored Ape Yacht Club. With Sandbox, data platforms such as Realm have been motivated to develop non-expendable collections such as “Fantasy Island” that mint 100 virtual islands.

SAND Overview

Sandbox Overview
CoinSymbolPriceMarketcapChangeLast 24hSupplyVolume (24h)
the-sandbox
The Sandbox
SAND
SAND$ 1.03$ 1.29 B0.06%1.26 B$ 151.43 M

The Sandbox Technical Analysis

The Sandbox’s current price is $1.03, a bearish trend. The recent low of $0.96 on the Sandbox price chart indicates a support level. The price is currently testing this support level. If the price breaks below this support level, it would signal a further decline in the price of The Sandbox. The closest levels of resistance are at $1.12 and $1.18.

The technical indicator are indicating the SAND/USD pair is bouncing off the long-term support level. A rise to resistance at $1.1 is possible.

The RSI (relative strength index) is an indicator that measures the strength of a price movement. The RSI for The Sandbox / USD is currently at 42. This indicates that the market is currently in neutral territory.The Sandbox Price Prediction 2022-2031: HODL or DUMP? 1

The MACD (moving average convergence divergence) is an indicator that measures the difference between two moving averages. The MACD for The Sandbox / USD is currently at -0.021. This indicates that the market is currently in bearish territory.

The CCI (commodity channel index) is an indicator that measures the current price relative to the historical average price. The CCI for The Sandbox / USD is currently at -115.34. This indicates that the market is currently in oversold territory.

The Sandbox Price Prediction by Authority Sites

Wallet Investor

At Wallet Investor, they give a bullish short-term Sandbox price prediction for 2020 as they believe that the SAND price will go up to $2.1 by December 2022. They also give more conservative long-term price predictions, with The Sandbox forecast to reach $2.857 by 2025. A long-term increase is expected, and the price prognosis for 2027 is 11.663.

TechNewsLeader

Technews leader believes The Sandbox price will reach up to $2.52 by one year, according to price history and market analysis. They also give a bullish long-term Sandbox price prediction, with the virtual world project forecast to reach $7.5 by 2025. The Sandbox is expected to reach $48.3 by 2031.

Price Prediction net

The Sandbox price prediction for 2022 by price-prediction.net is bullish as they believe that the SAND price will go up to $1.60 by the end of 2022 and $5.02 by December 2025. Their long-term forecast is even more optimistic, with The Sandbox predicted to reach $43.24 by 2030.

The Sandbox price prediction for 2022 is bullish as the price is expected to rise to $1.60 by the end of the year. The long-term forecast is even more optimistic, with The Sandbox predicted to reach an average price of $43.24 by 2030 and the prices may fall to a minimum price of $1.37.

Cryptopolitan

The Sandbox Price Prediction 2022

The Sandbox price prediction for 2022 is bullish as the price is expected to rise to $1.60 by the end of the year. The long-term forecast is even more optimistic, with The Sandbox predicted to reach an average price of $43.24 by 2030 and the prices may fall to a minimum price of $1.37.

The Sandbox Price Prediction 2023

Sandbox’s price prediction for 2023 indicates the prices might reach a maximum price of $2.36 and a minimum price of $0.032. The average price for the year is expected to be $1.11.

The Sandbox price prediction 2024

The Sandbox’s price prediction for 2024 suggests that the prices might reach a maximum price of $3.40 and a minimum price of $2.79. The average price for the year is expected to be $2.87.

The Sandbox Price Prediction 2025

The Sandbox’s price prediction for 2025 is bullish as the prices are expected to rise to $5.02 by the end of the year. The long-term forecast is even more optimistic, with The Sandbox predicted to reach an average price of $4.17 and a minimum price of $4.05.

The Sandbox Price Prediction 2026

The year 2025, however, will see The Sandbox’s price rise to an average of $6.23 with a minimum price of $6.02 and a maximum price of $7.07.

The Sandbox Price Prediction 2027

By the year 2027, crypto adoption will have increased and The Sandbox’s price is expected to hit an average of $9.06 with a maximum price of $10.34 while the prices might retrace to a minimum trading price of $8.81.

The Sandbox Price Prediction 2028

The long-term price predictions also have The Sandbox’s price reaching a minimum price value of $12.58 by the year 2028. In 2028, SAND is expected to reach an average price of $13.03with a maximum price of $15.22.

The Sandbox Price Prediction 2029

The year 2029 will see The Sandbox’s price retrace to a minimum trading value of $17.92 before resuming an uptrend and reaching a maximum price of $19.14. The average price for the year is expected to be $22.06.

The Sandbox Price Prediction 2030

By 2030, The Sandbox’s price is expected to have reached an all-time high, with a maximum trading value of $31.22 and an average price of $25.95. The minimum price for the year is expected to be $25.02.

The Sandbox Price Prediction 2031

By 2031, the average price is expected to be $36.27 with a maximum price of $43.24 and a minimum price of $34.97.

Sandbox Price Prediction by Industry Experts

Popular crypto influencer Yuya Hasegawa said that comments on the Sandbox metaverse from financial institutions like Bank of America and JP Morgan and sales of collaborative items with celebrities and popular brands are attracting investors, which could boost its price to greater heights.

5 Working Examples for How to Interview Industry Experts [Infographic] -  Business 2 Community

Another famous crypto analyst and influencer, Dan Ashmore, believes that SAND could reach $8 this year. According to him, SAND managed to piggyback off the broader boom in the metaverse caused by Facebook rebranding to Meta in October 2021. 

Conclusion

Keeping SAND is a good investment because of its numerous advantages and promising future. Because of recent agreements and its participation in the metaverse, this digital asset may see an upsurge in usage. There are a number of things to keep in mind when looking at these kinds of estimates.

The SAND  price is expected to increase in the future as the project continues to develop and gain adoption. The long-term price predictions are optimistic. By 2031, the average price is expected to be $36.27 with a maximum price of $43.24 and a minimum price of $34.97. The Sandbox (SAND) is one of the most fascinating cryptocurrencies, in part because of its ground-breaking ideas and underlying principles. Experienced investors have taken notice of it.

Before investing, we urge you to complete as much research as possible. In addition, keep an eye out for the latest industry trends and forecasts from experts.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend your research and consultation with a qualified professional before making any investment decisions.

FAQs

What is the highest predicted price for SAND in 2022?

The price of SAND is predicted to peak at $1.60 by the end of 2022.

Is The Sandbox (SAND) a good buy?

The value of the Sandbox is projected to climb further as scarcity encourages price increases. Please keep in mind that each investment involves some risk. Simply invest in what you can do before drawing any judgments and conducting as much research as possible.

Where can I buy/sell SAND?

Binance, KuCoin, Huobi Global, and FTX, among others, trade SAND.

Is SAND a high-yield investment?

SAND is a long-term investment because blockchain's future spans several industries. SAND increases investment returns.

How much has SAND risen in a year?

At the time of writing, SAND's YTD returns were 377.1%.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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