If you’re short on time and looking for a summary of this SAND (Sandbox) price prediction, we have you covered! Experts and technical analysts predict that the price of SAND could surpass a minimum price of $70.
Sounds dramatic? Not really. In 2021, Sandbox skyrocketed to more than 24,000% in value in 12 months. Sandbox has revolutionized the world of decentralized video games. It has amassed a significant following of fans and dedicated partners in its short history.
The world of modern video games is unrecognizable when you compare it to the era of PacMan and Tetris. When you add the blockchain concept into the mix, things only get wilder.
Thanks to the decentralization that comes with blockchain technology, its implementation in the global gaming industry has secured unprecedented technological advances. Few examples personify this better than the decentralized gaming experience of Sandbox.
It has seen phenomenal price surges and incredible advances in recent months. But is the future looking even brighter for Sandbox? Or will it phase out and be overtaken by other video game projects?
Our in-depth price prediction leaves no stone unturned as we will provide an accurate, easy-to-follow, honest and unbiased Sandbox price prediction for this innovative gaming creation!
What is Sandbox (SAND)?
Table of Contents
- What is Sandbox (SAND)?
- SAND Price History in 2021
- Technical Analysis
- Expert opinions on the SAND price prediction
- The SAND Coin Price Prediction From Crypto Never Sleeps
- The Art of Marketing Sandbox Price Forecast
- The Sandbox Price Forecast From Crypto Yard
- Final Thoughts On This Sandbox Price Forecast
- Where to buy Sandbox (SAND)
- Sandbox FAQ
- Can SAND reach $1,000 per token?
- Who is behind Sandbox?
- How Do You Use Sand Tokens?
- Where Do People Buy SAND tokens?
Before going into the Sandbox price prediction, let’s look a little deeper into how it all works. The Sandbox world is not the first nor the last decentralized gaming asset that takes advantage of the blockchain. However, it is innovative, to say the least, and holds a powerfully unique position in gaming.
For decades, the powerful corporations and platforms have been dominating the conventional gaming platform. Any content generated by their gamer clients is the property of said corporations and platforms. As a result, in-game creators have limited rights to their creations. With Sandbox, everything is different.
The humble beginnings of Sandbox started in 2012 in the form of a downloadable mobile game. Following the success of the game and the millions of downloads that followed, the creators of Sandbox crafted a new project called the Sandbox Metaverse in 2018. Their mission was to create a 3D multiplayer gaming experience where gamers could earn an income from in-game creations.
Thanks to its decentralized characteristics, the Sandbox Metaverse provided an innovative chance for gamers to take advantage of an immersive virtual world where one could craft an abundance of virtual assets that can sell for profit.
To pay for in-game interactions and interact with the various features of this virtual world, Sandbox created the native SAND token. With this, gamers could buy virtual land, take part in competitions, or buy them to speculate on the value and hopefully turn a profit.
Like Bitcoin, the SAND token has a capped supply (3 billion), giving it an aspect of scarcity. It is hosted on the Ethereum blockchain with a $6 billion market cap. The more SAND a user owns, the more say they have over the running of the Sandbox network as it also functions as a government token.
In its short history, Sandbox has amassed many users and high-profile partners. The value of the native SAND token has surged to incredible highs as a result. Just take 2021, for example. As historical price data is a great tool to use in any Sandbox price prediction, let’s delve into that next!
SAND Price History in 2021
At the start of 2021, the price of the SAND token was sitting somewhere around $0.040. After a few months of stagnating around this price, the Sandbox cryptocurrency price rose to $0.84 in March.
Naturally, this saw many SAND holders sell their holdings to collect profits. As a result, the price dropped to $0.20 in June.
But for savvy investors who saw the potential in SAND, this was an unmissable opportunity to buy a position in the price dip. In August, the SAND price had skyrocketed to $0.97 per coin and narrowly missed the $1 milestone.
By November, the subsequent price rise put SAND’s performance in August firmly in the shade. The price of SAND rose to over $3.20 giving early investors some serious return on investment.
If people thought SAND was a good investment at this point, there was a shock in store later in the year; when it reached a new all-time high of $8.40 before experiencing a price drop to an average trading price of under $5 towards the end of the year in mid-December.
Most people assumed that this was the last high price performance for the year. But many were pleasantly surprised by a late Christmas present from SAND when the price rose once more to $6.76 before dropping to an average trading price of around $4.63 following an investor sell-off.
Technical analysis for the future Sandbox (SAND) token price is looking bright indeed. In 2021, the native token of Sandbox demonstrated immense abilities when it surged by over 24,000%, from $0.04 to its highest price of $8.50. The rewards were enormous for early investors who believed in the capabilities of the Sandbox coin.
When it came to the performance of Sandbox (SAND), the concept of missing out on price opportunities seemingly didn’t exist. Even during a crypto winter when many investors expected the price to stagnate, the value of the SAND coin price surged by more than 1,000%.
Although Bitcoin and many other major cryptocurrencies have experienced a price correction in recent months, the price of SAND did the opposite. It provided a significant investment that many expert traders used to ride out the crypto winter with a diversified portfolio.
Overall, the technical analysis of this Sandbox price prediction predicts that the average price of SAND could quickly rise again to challenge its previous all-time high. But what do the experts of the crypto industry think about the potential of the future average forecast price? Let’s hear their thoughts next.
Expert opinions on the SAND price prediction
Cryptocurrency and the global gaming community often overlap with similar interests. Naturally, Sandbox and the performance of its native SAND token have attracted the attention of crypto experts around the world. In this section of our Sandbox price prediction, let’s see what they say!
The SAND Coin Price Prediction From Crypto Never Sleeps
The popular crypto Youtube channel called Crypto Never Sleeps released a particularly bullish Sandbox price prediction. They analyzed various expert analyses on the future of SAND to predict a possible future price. They concluded that SAND could reach a minimum price of $30 and a maximum price of $74 per coin between now and 2025 with an average price of somewhere in between.
The Art of Marketing Sandbox Price Forecast
The Art of Marketing Blog has made a name for itself due to its insightful cryptocurrency price predictions. In a recent SAND price forecast, they made a sensible prediction that, based on the Sandbox price today, the price of SAND tokens could hit a minimum price of $25 in the next few years with a positive change to its market cap as a result.
The Sandbox Price Forecast From Crypto Yard
Crypto Yard recently released a SAND price prediction that rapidly grew in popularity. Based on the current price of SAND, they assessed the opinions of multiple crypto experts to conclude with an exceptionally bullish SAND price prediction that evaluated the possibility of a minimum price of $150 to a maximum Sandbox price equal to $300.
Final Thoughts On This Sandbox Price Forecast
To round off, this Sandbox price prediction has assessed some of the most powerful insights and tools to get a price forecast as accurate as possible. From expert opinions and historical price data to technical analysis and the overall journey of SAND, we’ve left no stone unturned to provide cutting-edge insight into what the future may hold for Sandbox’s native token.
Sandbox has introduced some seriously revolutionary blockchain additions to the world of conventional gaming. It provides gamers with more freedom, more incentives to be creative, and financial rewards in return for their virtual efforts.
Alongside its rapidly expanding userbase, Sandbox has successfully achieved a promising portfolio of promising partnerships with significant gaming figures seeking to capitalize on its incredible range of use cases. Amongst its partners are the likes of Square Enix and even Atari.
This combined has allowed SAND to surge by over 24,000% in value and outperform significant digital assets like Bitcoin and Ethereum. Will the future be even brighter? Only time will tell, but things are looking positive.
Where to buy Sandbox (SAND)
Naturally, any cryptocurrency that has surged by thousands of percent in value summons one persistent question from new and old investors alike: Where is the best place to invest in SAND?
Due to this exemplary performance, they listed SAND on some of the world’s best crypto exchanges. However, this is not a beginner-friendly option by any means. For those new to investing, it is heavily advised to use a trusted and well-regulated brokerage with a wide range of trading tools like eToro.
Not only does eToro provide an ideal and beginner-friendly option to buy SAND, but it also boasts demo trading accounts, stop-loss tools, and social trading features. As a result, it provides a phenomenal trading experience for new and experienced traders.
The revolutionary changes that Sandbox has brought to conventional gaming have brought up some very valid questions. As we end this SAND price prediction, let’s answer some of the most frequently asked questions from our readers.
Can SAND reach $1,000 per token?
In recent months, the SAND token has seen increases of over 24,000%. As a result of it holding a niche corner of the decentralized gaming sector and building a wealth of successful partnerships with mainstream gaming companies, many believe SAND can reach $1,000 sometime in the future.
Who is behind Sandbox?
The minds behind the Sandbox platform are a team of gaming enthusiast creators at the global gaming company called Pixowl. When it comes to player-focused gaming environments with the ability to build worlds, Pixowl is considered a leading expert.
How Do You Use Sand Tokens?
The native token of the Sandbox can be used as a governance token whereby users can utilize SAND to vote on critical changes to the Sandbox platform. In addition, it is also used to interact with the various features of the virtual world and make in-game transactions. Of course, it is also used by a wide range of investors seeking to make a good investment by speculating on its value.
Where Do People Buy SAND tokens?
The most common way for people to earn SAND tokens is by completing games or challenges within the Sandbox ecosystem. But for those simply seeking to make a good investment out of it on the crypto market, a trusted brokerage like eToro is a standard buying method.