The crypto space is buzzing with metaverse projects popping up, and The Sandbox is one of such not-so-new but exciting projects around. The Sandbox is a virtual world that allows players to build, own, and even monetize their gaming experience in the Ethereum blockchain network.
Before becoming a metaverse project, the Sandbox was better known for its two hit mobile games, The Sandbox in 2011 and The Sandbox Evolution in 2016. The success of both games was so remarkable that they generated a total of 40 million downloads on Android and iOS stores.
In likewise manner, its blockchain-based virtual economy has been doing numbers as its native token, $SAND currently trades at $2.53 with a market capitalization of $2.93 billion. Nonetheless, the volatility of cryptocurrencies raises the question of what future sandbox prices would be.
More so, the prevalent bull run in 2022 is weakening buyer sentiments, with many believing that the year may not be the best for crypto enthusiasts. So what does the future hold for The Sandbox, and can it ever reach $10? Read on to find out our Sandbox price for prediction for 2022 and beyond.
Sandbox and SAND Coin: Overview
|FOUNDERS||Arthur Madrid and Sebastien Borget|
|CIRCULATING SUPPLY||1.23B SAND|
|TOTAL SUPPLY||3,000,000,000 SAND|
|ALL TIME HIGH||$8.44|
Sandbox, launched by Pixowl in 2012, is an exciting play-to-earn that mixes non-fungible tokens (NFT) and blockchain technology in a 3D metaverse environment. Well, it was a web2 platform up until 2018, when a Hong Kong-based gaming software set-up, Animoca Brands, acquired Pixowl, integrating The Sandbox into the blockchain ecosystem.
As a metaverse project, users can buy LANDs in the digital real estate environment. Each LAND is an NFT upon which you can build various digital structures. You can also create other forms of NFTs, called ASSETs, while playing the platform’s game.
Whether it’s an ASSET or LAND, you can exchange them on The Sandbox NFT marketplace for Ether (ETH) or SAND.
The game comprises three integrated products—VoxEdit, The Sandbox marketplace, and GAME MAKER—that work together to enable users to create user-generated content (UGC). They also offer users a full and extensive experience while securing copyright ownership for their UGC via smart contracts.
Being the platform’s native currency, the SAND coin token powers the Sandbox virtual economy. Users can earn it by selling ASSETs, owning rentable LAND, or creating and monetizing games via the GAME MAKER function on LANDs that players own.
SAND Crypto Price Prediction In 2021: How Was It?
As of 28th April 2022, the Sandbox coin price is $2.38 and up 1.15%, but what was the Sand crypto price prediction for 2021? While industry experts tipped it to finish the year at around $15, the Sandbox coin price was at one of its lowest figures of $0.040 in January 2021.
Experts advised it was the best time for investors to stock up on the coin. Although it took a while, on November 25th, 2021, the Sand coin price managed to rally to an all-time high of $8.4. This was a surge of over 24,000% from $0.04.
Why Did Sandbox Go Up?
Both analysts and regular crypto investors are curious about the “why did Sandbox go up” question in a bid to offer some sort of Sandbox price prediction. For a start, Ethereum-based Sandbox had its first major peak in March last year, months before Ethereum hit a May high price.
While it hasn’t recovered to its all-time high figure of $8.4, we can attribute recent boosts in the sand coin price to reports that Animoca Brands is hoping to raise $400 million from old and new investors.
A 2021 November Sandbox fundraising round helps answer why Sandbox went up in the month it reached its all-time high with big-name investors like Polygon Studios and Galaxy Interactive.
Real-Time Sandbox Price Chart
What is the current price of Sandbox coin? Check it out here before diving into SAND price predictions.
Sandbox Price Predictions
The Sandbox, like other cryptos, is a risky investment choice regardless of the high returns on investment (ROI) it can give. However, Sandbox coin price has a higher probability of appreciating due to the game’s well-designed tokenomics, good use cases, strong team backing it, and an enthusiastic and active community.
Crypto experts and analysts can use technical tools to forecast future Sandbox prices, but you should always do your research regardless. Here is a look at the Sandbox price prediction for 2022 to 2030.
Sandbox Price Prediction 2022
Sandbox is currently trading at $2.38, but experts use their Sandbox price prediction for 2022 to forecast a positive year for the ERC-20-token. Analysts at Wallet Investor predict a bullish year for Sand crypto price and expect it to reach $6.258 by the year’s end. Others, however, predict Sandbox will reach a new all-time high between $10 and $15.
Sandbox Price Prediction 2025
By 2024, the world will witness another bitcoin halving which should limit the supply of new coins and increase the rise in prices supposing demand remains high. All cryptocurrencies are affected by major events that affect bitcoin, so this could see Sandbox pick up 2025 positively.
In addition to this, a growing user base, more partnerships, and land sales have experts keeping their Sandbox price prediction for 2025 at a high of $25.
Wallet Investor see the SAND coin price reaching $17.456 at the end of the year while Trading Beast holds a bearish price sentiment of $4.11914. The disparity in their analysis shows that there is no clear cut sandbox price prediction, especially because the year in view is apparently far and market volatility can make it swing in any direction.
Sandbox Price Prediction 2030
Following the general success Snadbox has recorded in the interim, we expect it to be one of the major metaverse projects in the next decade. If our expectations come true, then a bullish bullish sandbox price prediction for 2030 is in order. We anticipate an average price of around $30 by 2030 in keeping to the growing crypto market adoption.
Other industry analysts at Wallet Investor also expect a Sandbox crypto price of $28.8, and those at Price Prediction set theirs at a massive $89. Trading Beast maintains a bearish stance on their Sandbox price prediction for 2030 at $2.78874.
Sandbox Price Prediction Reddit
Social media is a place to gauge trader sentiments and draw insights based on ongoing discussions in the crypto space. Reddit is one platform that has a strong and enthusiastic community of metaverse and Sandbox followers.
While they make predictions periodically, their predictions aren’t backed with real technical analysis or logic, they are usually purely sentimental.
Regardless of these sentiment-based predictions, predictions on platforms like Reddit are important because they are capable of driving the market prices in either direction when they go viral. Generally, the Sandbox price prediction on Reddit is bullish, and some users believe that one ETH could sell for as much as $75 to $150 before the end of 2022.
MANA vs. SAND Price Prediction
$MANA is Decentraland’s native crypto token built on the Ethereum blockchain just like SAND, and its holders can use it to buy and sell NFTs and virtual assets. MANA is currently down by 4.15% and trading at $1.72 as of the time of writing.
Cryptocurrency experts predict MANA to have an average price of $4.9 between late 2022 and early 2023. Some are of the view MANA will get to $10.8 in 2025, against SAND’s range of $17.456 and $25. However, by 2030, the MANA vs. SAND price prediction may be $89 vs. $28.8, respectively.
Will Sandbox Reach $10?
The Sandbox crypto is a token with many use cases but can sandbox reach $10? With more upgrades to the SAND ecosystem, new partnerships, and developments, reaching $10 is pretty feasible.
Besides, as per the present bullish trend, $SAND might keep appreciating to a new all time high in little to no time after almost crossing over to the $9 mark last November. It just needs investors to believe it is a good and solid investment in 2022 and beyond.
Where Can I Buy Sandbox Crypto?
With Swapzone, You can swap $SAND at some of the lowest fees on the market with more than 700 cryptos. Head to the website, browse through a comprehensive list of instant cryptocurrency exchange providers, and review their speed, offers, and exchange rates. Follow these steps to swap Sandbox crypto:
- Select SAND in the Send section.
- Enter the amount you wish to swap.
- Next, select the cryptocurrency you’d like to get in the “Get Up To” section.
- Choose an exchange offer.
- Fill in your wallet address to receive your exchanged crypto.
- Send your SAND deposit to a generated address.
- Receive your cryptocurrency