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The Sandbox (SAND) Crypto Price Prediction 2022, 2023, 2024, 2025: Will The SAND Price Go Up?

7 Oct, 202212 min readAnalytics
The Sandbox (SAND) Crypto Price Prediction 2022, 2023, 2024, 2025: Will The SAND Price Go Up?

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. The digital assets from the sectors have portrayed impeccable returns. One such crypto asset is The Sandbox’s SAND, which boasts an ROI of 10021.82%.

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The Sandbox has been enticing not just gamers but marketers from the broader fraternity. Are you seeking guidance on investments in SAND? Look no further, as we decode the plausible price predictions of SAND crypto for 2022 and the years to come.

Overview

The Sandbox (SAND) Price Prediction

The Sandbox Crypto Price Prediction For Q4

The fourth quarter could remain crucial for the altcoin, as the social sentiments of marketers would be at the optimistic end. Resulting which the price of SAND could end the annual trade at its potential high of $1.1581. On the flipside, stiffer competition, fight of mainstream cryptocurrencies and negative criticism could drag the price to $0.8024. That said, a steady momentum could land the price at $0.9949.

SAND Coin Price Prediction For 2023

If The Sandbox picks up 2023 with a positive note, and sees growing user base from the launch of its mobile version. Followed by more games, partnerships, and land sales, the price could rise to its potential high of $2.0315.

Whilst usual buy and sell orders could take the price to average target of $1.5317. Negative social sentiments and volatility in the market could drag the price to $1.05157.

The Sandbox Coin Price Prediction For 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 $3.32175. On the flip side, it could take a plunge to $1.72463. Successively, considering the bullish and bearish targets the regular price might find its base at $2.4605.

The Sandbox (SAND) Price Prediction For 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 $5.4174, 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 $2.79962. That said, with regular buy and sell orders the price could settle at $4.0993.

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 $1.15.

That said, if the network fails to execute its plan, then the price could sink to $0.80 by the end of 2022. If the digital asset continues to trade as usual without any major swings. The price could settle at average levels of $1.

Market Analysis

*The aforementioned targets are the average targets set by the respective firms.

Click here to read our price prediction of Decentraland’s MANA!

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 andres madrid at troon golf [email protected] Followers : 0 View profile and sebastien borget sebastien borgetco-founder and ceo at SandboxSebastien Borget is a driven businessman who co-founded The Sandbox, serves as its COO, and serves as president of the Blockchain Gaming Alliance. He views himself to be an entrepreneur and the father of mobile gaming because he has 11 years of expertise in mobile gaming and 14 years of experience creating startups. Additionally, he serves as the sandbox game's COO, which is currently owned by Anima Brands. In the year 200, he was elected president of the non-profit blockchain game alliance, which consists of 250 influential business people. He has a variety of skills, including serving as co-founder and COO at Pixowl, a company that uses gamification, blockchain, and AI technologies and was bought by Animoca Brands. He previously served as COO at Wixi Inc., where he was in charge of the management of every day-to-day business. Currently under development are games like Addams Family Mystery Mansion, Peanuts: Snoopy's Town Tale, Goosebumps Horror Town, etc. for iOS and Android. He has experience with decentralised online gaming. NFTs and blockchain in gaming are being promoted by the president of the blockchain game Alliance.He was a gaming counsellor as well as a co-founder of PIXOWLINC and TSB GAMING LTD. He had positions as project manager at 1-Click Media Networks and chief operating officer at Wixi.com, which was created in 2007. received a Master's degree in Computer Systems Networking and Telecommunications from The Chinese University of Hong Kong, where I also gained extensive knowledge in a variety of other fields. These included game design, mobile devices, business development, management, telecommunications, software project management, and many more. With each successive testing phase, he anticipates continuing to put in significant effort to enhance the Sandbox [email protected] Operations OfficerPresident Followers : 0 View profile . 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:

  • The Sandbox entered the market in September. The SAND price was almost stable and hovered around $0.04 throughout the year.
  • 2021:

  • 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 was 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.
  • To read our in-depth price forecast of Ethereum click here!

    Comparison

    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 $1.1581 by the end of 2022.

    The digital asset might surge as high as $5.4174 by the end of 2025.

    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.

    Source

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