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%.

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.

Overview

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 $0.667 to $1.268 for the year.

SAND Coin Price Prediction 2023

With the release of the Sandbox game maker 0.8 a positive uptrend was witnessed in the market. The price of The Sandbox has surged over 44% in the past 7 days. 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 $1.268. While the usual buy and sell orders could take the price to average price target of $0.965. Negative social sentiments and volatility in the market could drag the minimum price to $0.667.

The Sandbox Coin Price Prediction 2024

Learning from the graphical representation, whilst the count of holders 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 $2.266.

On the flip side, the sand token could take the minimum level to $1.361. Successively, considering the bullish and bearish targets the average price might find its base at $1.804. 

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 $3.041, 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 $2.107. That said, with regular buy and sell orders the price could settle at $2.524.

The Sandbox (SAND) Price Prediction 2026 – 2030

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 $1.268.

That said, if the network fails to execute its plan, then the price could sink to $0.667 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 $0.965. 

Market Analysis

*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. 

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.

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