CandleFocus

SAND token is up 80% as bulls target $1

Author: Content Editor
The native token of decentralized virtual reality world, The Sandbox (SAND), has seen a significant increase in price, rising over 150% in the past month. The token reached a high of $0.82, but has since dropped to around $0.62. Despite this, analysts believe that the token could rebound and reach key resistance levels above $1. The price gains coincide with a rally in cryptocurrencies and major gaming and metaverse tokens. The recent increase in price also comes as The Sandbox celebrates its 5th anniversary, with several milestones reached, such as over 27,000 unique LAND owners and a total map value surpassing $1 billion. Top brands including South China Morning Post, Binance, Atari, Warner Music Group, and Socios own LAND in The Sandbox.

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