The price of SAND hit a new all-time high of $3.42 earlier today after the Sandbox announced the launch of Metaverse Alpha. This launch is highly anticipated, having been in development for 4 years. SAND has been on a meteoric surge in 2021, gaining 8,663.5% over the past 12 months.
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What is SAND?
The Sandbox is a blockchain-based virtual world that allows users to develop, create, and trade digital assets in the form of a game. It creates a decentralized platform for a thriving gaming community by combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs).
Should I buy SAND today?
With the Metaverse gaining momentum, SAND might be a good investment. Obviously, you shouldn’t buy right after an ATH because that’s always followed by a decline.
SAND price prediction
According to Coinpedia, next year might start with a two-digit value for SAND if the metaverse token smashes positive highs by the end of 2021. We might see SAND changing hands at an average value of $10.56 by the end of next year with regular buying and selling pressures.
SAND on social media
$SAND 4 Hour Chart. Building support above 5EMA/ConverisonLine(2.86), lower support KumoCloud(2.71). RSI uptrend, BB% Bullish, StochRSI Low 4Hour/1Day, Bullish momentum building for pump back to ATH🚀Resistance(3.07), Break above 3.29 and new ATH next. Will update✍️#sandusdt https://t.co/2jvQ2u9CRY pic.twitter.com/ww0v4DfeKf
— KevinCrates (@kevincrates_) November 15, 2021