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Market Cap
$ 1,273,281,218
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Total Volume
$ 164,166,274
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24 Hour
0.45%
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7 Day
-0.35%
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The Sandbox Price Prediction, will SAND’s price hit $1.31?

The Sandbox price prediction, SAND’s price has pumped by 0.45% in the last 24 hours
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The Sandbox
Price Prediction
The Sandbox, SAND could hit $1.31 in 2023
The Sandbox’s price prediction for the most bearish scenario will value SAND at $0.57 in 2023
The Sandbox’s previous All Time High was on 25th November 2021 where SAND was priced at $8.40

The Sandbox’s price at the same time last week was $0.72. It has moved by -0.35% in the past week and is currently at $0.72. Infact, in the past 24 hours, SAND has pumped by 0.45%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and SAND could hit $2.50 in 2024.

The total circulating supply of The Sandbox as of writing this article was $1759532026.22 and the marketcap of SAND remains at $1,273,281,218.

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

About The Sandbox

The Sandbox: An Overview

 

The Sandbox is a virtual world where players can build, own, and monetize gaming experiences. It is an Ethereum-powered metaverse game that lets users buy virtual land and customize it with playable games and experiences.


The gaming platform is best known for a sensational hit of its mobile app (first launched in 2011) that generated 40 million+ downloads across iOS and Android.


By providing the creators 'true ownership in the form of Non-Fungible Tokens (NFTs), The Sandbox seeks to create a ground-breaking gaming experience for its users. These rewards for participating in its ecosystem have created a good incentive for players and creators to keep engaging with the game.


In 2017-18, Pixowel, its developer, decided to introduce 3D gaming while launching the game to Ethereum's blockchain. The developer decided to bring this successful User Generated Content (UGC) gaming IP and a community of creators from mobile to the blockchain ecosystem.


In essence, the blockchain gaming platform combines the following three products to provide a comprehensive experience for UGC production:

  • VoxEdit -powerful free 3D voxel modeling and NFT creation package for PC/Mac allowing users to create and animate 3D objects such as humans, animals, vehicles, foliage, tools and items.
  • Marketplace -enables users to upload, publish, and sell their NFT creations made with VoxEdit. 
  • Game Maker -simply allows anyone to build 3D games for free without the need to code.

Tokens

In the Sandbox universe, there are several tokens alongside its use cases for the players and creators. 

 

SAND: It is an ERC-20 token typically used as an in-game currency and is central to the ecosystem's transactions and interactions.

 

LAND: The Sandbox has over 1,66,000 blocks of land. It is basically a digital piece of real estate in The Sandbox metaverse. Each LAND is a unique (non-fungible) token lying on the public Ethereum blockchain (ERC-721).
 

ASSETS: They are creation elements in The Sandbox Game Maker. It harnesses the ERC-1155 standard and is created by the players who build UGC.
 

Since its launch, SAND has marked consistent growth as it kept flipping its resistance levels to support over the last two years. Facebook's rebranding to 'Meta' added fuel to its bullish inclinations as the investors and users saw potential in its metaverse. Consequently, SAND reached its ATH on 25 November 2021.

 

But owing to an over 70% correlation with Bitcoin on average, SAND depreciated alongside most cryptos in the market.

 

This decline propelled a retest of its yearly support in the $0.8 zone. With the press time macroeconomic conditions not being favorable for risky assets, the sellers could aim to constrict the buying rallies in the short-medium term.

 

Can SAND tap into its potential?

  • GROWTH OF THE METAVERSE

As per a recent Mckinsey & Company report, Global spending in the metaverse could reach $5 trillion by 2030. This report goes on to expand the value creation prospects in the metaverse. It goes on to state:

 

“It has the potential to impact everything from employee engagement to the customer experience, omnichannel sales and marketing, product innovation, and community building”
 

Furthermore, Citi Bank's analysts identified investment opportunities after acknowledging the Metaverse's potential in its recent report. It predicts the Metaverse-related economy to be as much as $13 trillion. On the flip side, the bank also cautions about the potential risks and barriers associated with early-stage technology.


All in all, these outcomes could ultimately put The Sandbox in an excellent position to capture a sizeable portion of the increasing market. Even after extrapolating the projected growth on a yearly basis, SAND's growth potential for the coming months seems quite promising.

  • DEVELOPMENT ACTIVITY, USERS

The 'crypto winter' entailed a remarkable fallout as it heightened the market-wide fear sentiment, propelling people to panic and sell. Not surprisingly, the token's daily active users saw a gradual plunge since the start of 2022.

The declining active users indicated highlighted the decreasing user interest. Nonetheless, improved market conditions in the coming times can change this narrative.


Similarly, the development activity within the network plunged compared to its March 2022 levels. However, it has marked a gradual uptick since August. Should the price action follow, SAND could see an uptick in its price.     

  • OTHER DEVELOPMENTS

In March, Hong-kong based HSBC Bank made its first purchase in the metaverse. The bank acquired its first plot of digital land in the Sandbox metaverse. 

Brands such as Gucci and Adidas own digital property in The Sandbox, but HSBC is the first global financial service provider to hop onto its bandwagon.


Additionally, Both LAND and SAND are fully supported on Polygon’s network. Thus, users can interact with all the Sandbox tokens in a single place.

The Sandbox (SAND) Price Analysis

Like other metaverse tokens, SAND registered a solid growth on its charts during 2020-21. The buyers induced a rally above the 20 EMA (red) and the 50 EMA (cyan) and flipped them to support. As a result, the coin touched its ATH on 25 November 2021 in the $8.4 zone.

 

SAND Weekly Chart

After the broader market decline, SAND was down by over 90% from its ATH as it fell toward the $0.8 support level. The token now exhibited plateauing tendencies over the last few weeks.


Also, the bearish rally chalked out a descending broadening wedge on the weekly chart. The token was yet to prove its mettle as it strived to breach the upper trendline of the wedge. Post this, the 20 EMA and the 50 EMA could pose recovery barriers.


An eventual break above the $1 resistance could open doorways for near-term growth. In this case, potential targets would lie in the $1.2-$1.7 range (near the 20/50 EMA) before a likely bearish rebuttal.


However, a break below the $0.8 support would fuel the bearish fire while driving the token to test the $0.58 support before a trend-commital move.


The Relative Strength Index (RSI) displayed a robust selling edge after consistently hovering in the bearish region since April 2022. A plausible break above the 43-mark resistance could affirm chances of recovery in the coming times.


Interestingly, the CMF marked higher troughs and bullishly diverged with the price action. The investors must wait for a close above the -0.08 level to gauge the recovery chances.


Should you consider buying SAND?

With the metaverse seemingly proving its potential to the brands as well as the users, SAND could capitalize on resulting opportunities to attract increased user interest in the coming years.


However, from this year’s perspective, the altcoin still needs to find renewed buying pressure to escape the shackles of its descending broadening wedge. The buyers could look for the entry triggers and targets as discussed above.

The Sandbox Price Prediction

The Sandbox has had an eventful 2021. To simplify the latest SAND price prediction, we have divided up the prediction by short term The Sandbox price prediction and long term The Sandbox price prediction. As of writing this article, SAND had a trading volume of $164,166,274. The Sandbox has gone up by 58.76% in the past 30 days.

According to our analysis in the short term, The Sandbox price prediction for April 2023 shows the average price of SAND at $0.81 and the highest possible price for April 2023 would be $0.87.

Further, according to our analysis in the long term, The Sandbox price prediction for August 2023 shows the average price of SAND at $0.95 and the highest possible price for August 2023 would be $1.02.

The Sandbox's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
8 Feb 2023$0.73$0.68$0.78
9 Feb 2023$0.73$0.68$0.78
10 Feb 2023$0.72$0.67$0.77
11 Feb 2023$0.71$0.66$0.76
16 Feb 2023$0.72$0.67$0.77
21 Feb 2023$0.73$0.68$0.79
3 Mar 2023$0.76$0.71$0.81
April 2023$0.81$0.75$0.87
May 2023$0.84$0.78$0.9
June 2023$0.88$0.82$0.94
July 2023$0.91$0.85$0.98
August 2023$0.95$0.88$1.02
September 2023$0.98$0.91$1.06
October 2023$1.02$0.95$1.09
November 2023$1.06$0.98$1.13
December 2023$1.09$1.01$1.17

The Sandbox price prediction 8 Feb 2023: The Sandbox’s price for 8 Feb 2023 according to our analysis should range between $0.68 to $0.78 and the average price of SAND should be around $0.73.

The Sandbox price prediction 9 Feb 2023: The Sandbox’s price for 9 Feb 2023 according to our analysis should range between $0.68 to $0.78 and the average price of SAND should be around $0.73.

The Sandbox price prediction 10 Feb 2023: The Sandbox’s price for 10 Feb 2023 according to our analysis should range between $0.67 to $0.77 and the average price of SAND should be around $0.72.

The Sandbox price prediction 11 Feb 2023: The Sandbox’s price for 11 Feb 2023 according to our analysis should range between $0.66 to $0.76 and the average price of SAND should be around $0.71.

The Sandbox price prediction 16 Feb 2023: The Sandbox’s price for 16 Feb 2023 according to our analysis should range between $0.67 to $0.77 and the average price of SAND should be around $0.72.

The Sandbox price prediction 21 Feb 2023: The Sandbox’s price for 21 Feb 2023 according to our analysis should range between $0.68 to $0.79 and the average price of SAND should be around $0.73.

The Sandbox price prediction 3 Mar 2023: The Sandbox’s price for 3 Mar 2023 according to our analysis should range between $0.71 to $0.81 and the average price of SAND should be around $0.76.

The Sandbox price prediction April 2023: The Sandbox’s price for April 2023 according to our analysis should range between $0.75 to $0.87 and the average price of SAND should be around $0.81.

The Sandbox price prediction May 2023: The Sandbox’s price for May 2023 according to our analysis should range between $0.78 to $0.9 and the average price of SAND should be around $0.84.

The Sandbox price prediction June 2023: The Sandbox’s price for June 2023 according to our analysis should range between $0.82 to $0.94 and the average price of SAND should be around $0.88.

The Sandbox price prediction July 2023: The Sandbox’s price for July 2023 according to our analysis should range between $0.85 to $0.98 and the average price of SAND should be around $0.91.

The Sandbox price prediction August 2023: The Sandbox’s price for August 2023 according to our analysis should range between $0.88 to $1.02 and the average price of SAND should be around $0.95.

The Sandbox price prediction September 2023: The Sandbox’s price for September 2023 according to our analysis should range between $0.91 to $1.06 and the average price of SAND should be around $0.98.

The Sandbox price prediction October 2023: The Sandbox’s price for October 2023 according to our analysis should range between $0.95 to $1.09 and the average price of SAND should be around $1.02.

The Sandbox price prediction November 2023: The Sandbox’s price for November 2023 according to our analysis should range between $0.98 to $1.13 and the average price of SAND should be around $1.06.

The Sandbox price prediction December 2023: The Sandbox’s price for December 2023 according to our analysis should range between $1.01 to $1.17 and the average price of SAND should be around $1.09.

The Sandbox's Long Term Price Prediction

The Sandbox’s long term Price Prediction below is a look at SAND’s future prospect with regards to price. The Sandbox was last seen at $0.72, with a market cap of $1,273,281,218 and trading volumes of $164,166,274. SAND’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2023$1.09$0.87$1.31
2024$2.08$1.67$2.50
2025$2.60$2.08$3.12
2026$3.25$2.60$3.90
2027$4.07$3.25$4.88
2028$5.08$4.07$6.10
2029$6.36$5.08$7.63
2030$7.94$6.36$9.53
2031$9.93$7.94$11.92
2032$12.41$9.93$14.90
2033$15.52$12.41$18.62
2034$19.40$15.52$23.27

The Sandbox price prediction 2023: The Sandbox’s price for 2023 according to our analysis should range between $0.87 to $1.31 and the average price of SAND should be around $1.09.

The Sandbox price prediction 2024: The Sandbox’s price for 2024 according to our analysis should range between $1.67 to $2.50 and the average price of SAND should be around $2.08.

The Sandbox price prediction 2025: The Sandbox’s price for 2025 according to our analysis should range between $2.08 to $3.12 and the average price of SAND should be around $2.60.

The Sandbox price prediction 2026: The Sandbox’s price for 2026 according to our analysis should range between $2.60 to $3.90 and the average price of SAND should be around $3.25.

The Sandbox price prediction 2027: The Sandbox’s price for 2027 according to our analysis should range between $3.25 to $4.88 and the average price of SAND should be around $4.07.

The Sandbox price prediction 2028: The Sandbox’s price for 2028 according to our analysis should range between $4.07 to $6.10 and the average price of SAND should be around $5.08.

The Sandbox price prediction 2029: The Sandbox’s price for 2029 according to our analysis should range between $5.08 to $7.63 and the average price of SAND should be around $6.36.

The Sandbox price prediction 2030: The Sandbox’s price for 2030 according to our analysis should range between $6.36 to $9.53 and the average price of SAND should be around $7.94.

The Sandbox price prediction 2031: The Sandbox’s price for 2031 according to our analysis should range between $7.94 to $11.92 and the average price of SAND should be around $9.93.

The Sandbox price prediction 2032: The Sandbox’s price for 2032 according to our analysis should range between $9.93 to $14.90 and the average price of SAND should be around $12.41.

The Sandbox price prediction 2033: The Sandbox’s price for 2033 according to our analysis should range between $12.41 to $18.62 and the average price of SAND should be around $15.52.

The Sandbox price prediction 2034: The Sandbox’s price for 2034 according to our analysis should range between $15.52 to $23.27 and the average price of SAND should be around $19.40.

A Historical look at The Sandbox, SAND’s price:

SAND/USD Pair

SAND
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USD
7 February 2021
0.12
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SAND
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USD
7 February 2022
4.68
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3631.61
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SAND
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USD
7 February 2023
0.72
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15.48
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SAND/EUR Pair

SAND
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EUR
7 February 2021
0.1
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SAND
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EUR
7 February 2022
4.08
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3820.91
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SAND
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EUR
7 February 2023
0.67
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16.59
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FAQs about The Sandbox

What is price of The Sandbox as of today 7th February 2023?

The Sandbox’s current price is $0.72 and witnessed a 0.45% increase in the past 24 hours. SAND/BTC pair saw a -0.27% decrease in the past 24 hours.

Is SAND a good investment?

Investing in The Sandbox, SAND will purely depend on your personal risk appetite. As you can see over the past 24 hours The Sandbox’s price has witnessed a 0.45% increase and over the past 30 days The Sandbox has increased by 58.76%. So it all depends on if this investment will hit your trading goals.

How high can The Sandbox’s price go this year in 2023?

According to our latest The Sandbox Price prediction for 2023, SAND should vary between $1.31 and $0.87 Please keep in mind that the crypto market is very volatile and this The Sandbox price prediction does not account for extreme wild swings in price.

How much will The Sandbox be worth in 2023?

As per the The Sandbox price prediction undefined model above, SAND’s price for undefined should range between $undefined to $undefined with the average price for undefined being $undefined.

How much will The Sandbox be worth in 2024?

According to the The Sandbox Price Prediction model above, SAND’s price in 2024 would be $2.08. This price would however would range from $2.50 and $1.67.

How much will The Sandbox be worth in 2025?

According to the The Sandbox Price Prediction model above, SAND’s price in 2025 would be $2.60. This price would however would range from $3.12 and $2.08.

How much will The Sandbox be worth in 2026?

According to the The Sandbox Price Prediction model above, SAND’s price in 2026 would be $3.25. This price would however would range from $3.90 and $2.60.

How much will The Sandbox be worth in 2027?

According to the The Sandbox Price Prediction model above, SAND’s price in 2027 would be $4.07. This price would however would range from $4.88 and $3.25.

How much will The Sandbox be worth in 2028?

According to the The Sandbox Price Prediction model above, SAND’s price in 2028 would be $5.08. This price would however would range from $6.10 and $4.07.

How much will The Sandbox be worth in 2029?

According to the The Sandbox Price Prediction model above, SAND’s price in 2029 would be $6.36. This price would however would range from $7.63 and $5.08.

How much will The Sandbox be worth in 2030?

According to the The Sandbox Price Prediction model above, SAND’s price in 2030 would be $7.94. This price would however would range from $9.53 and $6.36.

How much will The Sandbox be worth in 2031?

According to the The Sandbox Price Prediction model above, SAND’s price in 2031 would be $9.93. This price would however would range from $11.92 and $7.94.

How much will The Sandbox be worth in 2032?

According to the The Sandbox Price Prediction model above, SAND’s price in 2032 would be $12.41. This price would however would range from $14.90 and $9.93.

How much will The Sandbox be worth in 2033?

According to the The Sandbox Price Prediction model above, SAND’s price in 2033 would be $15.52. This price would however would range from $18.62 and $12.41.

How much will The Sandbox be worth in 2034?

According to the The Sandbox Price Prediction model above, SAND’s price in 2034 would be $19.40. This price would however would range from $23.27 and $15.52.

What was the highest price of The Sandbox?

The highest price for The Sandbox was recorded in 25th November 2021 during which SAND hit an All Time High of $8.40

What is the price of 1 The Sandbox?

The price of 1 The Sandbox according to current market rate is $0.72