You may ask that when will the Sandbox (SAND) hit $10, $100, or $1000? Or can the sandbox hit a $10 cap in 2021? In this article, we will try to analyze the future price of this trending coin.
The live The Sandbox price today is $6.97 USD with a 24-hour trading volume of $6,622,930,526 USD. The current SAND CoinMarketCap ranking is #37, with a live market cap of $6,219,737,783 USD.
What is The Sandbox (SAND) Crypto?
The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
The sandbox crypto has a circulating supply of 892,246,119 SAND coins and a max. supply of 3,000,000,000 SAND coins.
Will The Sandbox (SAND) Hit $10, $20 in 2021?
There is no doubt that the sandbox can hit $10 cap soon. However, with the regular buying and selling trends, we can see that the SAND price trading at an average value of $5.52 can hit a new all-time high before the end of 2021. It can be around $10.56.
If the network successfully achieves the planned updates as per their whitepaper, then the price may hit $20.15 by the starting month of 2022.
Why The Sandbox (SAND) Price is going high?
The Sandbox is up 31.28% in the last 24 hours. The unique system of Sand comes under the NFT and Metaverse category that is a trending subject today so it’s one of the main reasons for the spike in The Sandbox price. The NFT gained immense attention in recent times with a gigantic rally along with the Decentraland (MANA) price rally.
However, the asset marched high after The Sandbox announced the launch of a part of its metaverse to players through an event scheduled on November 29. Amid the bullish sentiments surrounding the NFT, the sandbox crypto will hit $20 in 2021 as per some analysts.
When will The Sandbox (SAND) hit $100?
As per some analysts, the NFT token’s social and market activity both witnessed a substantial jump in the past couple of weeks. Many analysts reported earlier that the Sandbox may emerge as the most disruptive token and it’s now all set to explode on the Metaverse.
Collectively, the NFT tokens are range high, being unaffected by the trend of the other traditional cryptos or the DeFi tokens. Once these NFT’s were speculated as finished but the tokens like Decentraland(MANA), Enjin (ENJ), or The Sandbox(SAND) keep up the space high.
If the network successfully achieves the planned updates as per their whitepaper, then the price may hit $100 by the end of 2022. For year-by-year price prediction of the Sandbox Crypto visit The Sandbox Price Prediction 2021, 2022, 2025, 2030.