The post The Sandbox Price Prediction 2024, 2025, 2030: Will The SAND Price Surge This Year? appeared first on Coinpedia Fintech News
Story Highlights
The live price of Sandbox is $ 0.25620642.
SAND price could hit its potential high of $0.61 during 2024.
Sandbox price with a potential surge could go as high as $3.58 by 2030.
The crypto sphere turned over a leaf of its directory in the bygone year. The new leaf from the directory boasts diverse sectors such as NFTs, blockchain games, and the metaverse in the crypto market. The digital assets from the sectors have portrayed impeccable returns.
Decentraland and Axie Infinity are said to be the top competitors of the Sandbox market in terms of technology.
The Sandbox has been enticing not just gamers but marketers from the broader fraternity. Are you one of those who considers Sandbox tokens in your investment portfolio? Look no further, as we decode the possible Sandbox price prediction 2024 – 2030 and the years to come.
Table of contents
Story HighlightsOverviewSAND Price Prediction September 2024The Sandbox Coin Price Prediction 2024The SAND Price Prediction 2025 The Sandbox Price Prediction 2026 – 2030The SAND Crypto Price Prediction 2027The Sandbox Price Prediction 2028The SAND Token Price Prediction 2029The Sandbox Price Prediction 2030Market AnalysisCoinPedia’s Price PredictionFundamental AnalysisFactors Affecting The Price Of SandboxWhat Is The Sandbox? Historic Market Sentiments 2020- 2022FAQs
Overview
CryptocurrencyThe SandboxTokenSANDPrice $ 0.25620642 -2.41% Market cap $ 598,557,663.4486Circulating Supply 2,336,232,126.2233Trading Volume $ 52,475,108.5869All-time high $8.44 on 25th November 2021All-time low $0.02894 on 04th November 202024 High $ 0.000024 Low $ 0.0000
SAND Price Prediction September 2024
The Sandbox crypto has continued displaying a bearish price action by dropping 6.28% within the past week and 24.96% over the past month. Moreover, it has recorded a Year-to-Date (YTD) return of -56.99%. This indicates a long-term bearish sentiment in the crypto space.
If the bears continue dominating the crypto market, the SAND price will plunge toward its crucial support level of $0.20 during the upcoming weeks. However, a bullish reversal could push the Sandbox price toward its high of $0.4050.
MonthPotential LowPotential AveragePotential HighSeptember$0.2000$0.3025$0.4050
The Sandbox Coin Price Prediction 2024
Learning from the graphical representation, the count of holders and cruisers has been rising steadily. That of traders has been on a decline. Successively, the rise of long-term investors could push SAND’s price to $0.61.
On the flip side, the sand token could take the minimum level to $0.20. Successively, considering the bullish and bearish targets the average price might find its base at $0.40.
YearPotential LowPotential AveragePotential High2024$0.20$0.40$0.61
The SAND Price Prediction 2025
It is known to the masses that the crypto-verse has been taking giant strides towards diverse sectors. NFTs, blockchain-based games, and metaverse have thrived over the years. The Sandbox would glorify further. Moreover, if the planned updates materialize as per the whitepaper. Then the price could hit its potential high of $0.79, by the end of 2025.
On the contrary, if the network fails to captivate the traction of the user base. And falls prey to widespread conjectures, the bears may easily take over. In such a case the SAND price may plummet to $0.32. That said, with regular buy and sell orders the price could settle at $0.54.
YearPotential LowPotential AveragePotential High2025$0.32$0.54$0.79
Also, read our Decentraland (MANA) Price Prediction 2024-2030
The Sandbox Price Prediction 2026 – 2030
YearPotential Low ($)Average Price ($)Potential High ($)20260.470.771.0820270.621.101.5920280.771.442.1220290.991.892.7920301.232.403.58
The Sandbox Price Prediction 2026
According to our analysts, SAND Crypto Price for the year 2026 could range between $0.47 to $1.08 and the average price of Sandbox could be around $0.77.
The SAND Crypto Price Prediction 2027
According to our analysts, Sandbox price for the year 2027 could range between $0.62 to $1.59 and the average price of SAND could be around $1.10.
The Sandbox Price Prediction 2028
According to our analysts, SAND Coin Price for the year 2028 could range between $0.77 to $2.12 and the average Sandbox price could be around $1.44.
The SAND Token Price Prediction 2029
According to our analysts, Sandbox crypto price for the year 2029 could range between $0.99 to $2.79 and the average SAND price could be around $1.89.
The Sandbox Price Prediction 2030
According to our analysts, the SAND coin price for the year 2030 could range between $1.23 to $3.58 and the average price of Sandbox could be around $2.40.
Market Analysis
Firm Name202420252030Wallet Investor$0.0688$0.0643–priceprediction.net$0.7881$1.10$7.94DigitalCoinPrice$1.30$1.72$5.27
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Price Prediction
The SAND seems to be unstoppable with a series of events lined up for launch. This NFT-based platform is the best-suited investment in the current uncertain market scenario. According to CoinPedia’s formulated The Sandbox price prediction.
If the network launches updates such as liquidity mining, staking, and game maker, the price could propel to $0.61.
That said, if the network fails to execute its plan, then the price could sink to $0.20 by the end of 2024. If the digital asset continues to trade as usual without any major swings. The price could settle at an average level of $0.40.
YearPotential LowPotential AveragePotential High2024$0.20$0.40$0.61
Also, read our Axie Infinity (AXS) Price Prediction 2024-2030
Fundamental Analysis
The Sandbox was launched in the year 2011 by Pixowl company. There are two co-founders of the platform Arthur Andres Madrid and Sebastien Borget. As per their whitepaper, the vital goal of the platform is to revolutionize the mainstream gaming space with blockchain-backed technology.
Furthermore, the platform released the Alpha update in December 2018. And allocated creator funds to incentivize developers to develop items on its blockchain. Initial funding happened in May 2019, the platform has confirmed a $4.5 million seed round. From reputed tech firms including True Global Ventures, Square Enix, and Hashed.
In December 2019, the ecosystem confirmed its first LAND sale featuring a total of 2.5% of the estate. Further, the platform released a Beta version of VoxEdit in February 2020. To drag the traction of a larger user base. The liquidity mining and staking program was launched in September 2020.
Factors Affecting The Price Of Sandbox
Supply and Demand: A spike in supply and demand can help surge the price of this coin to new highs.
Inflation of fiat currencies: Hyperinflation could drive people and governments towards Cryptocurrencies as an alternative.
Governments: Regulations by the government and the Central Bank Digital Currencies (CBDCs) could impact the crypto industry greatly.
What Is The Sandbox?
The Sandbox is a blockchain-backed virtual space where users can play, create, buy, sell, and monetize their gaming experiences. The motive of the platform is to unleash players’ creativity by allowing them to build the platform of their vision.
The Sandbox metaverse world has been deployed on top of the Ethereum blockchain. It makes use of the PoS (Proof-of-Stake) consensus mechanism. However, the platform has its own native token SAND, a classic version of the ERC-20 token.
The Sandbox metaverse facilitates a digital piece of real estate called LAND. The key goal behind the idea is to enable game developers and creators to design and monetize their virtual experiences. In particular, players are allowed to lease and stake their LANDs. One needs to have SAND in their wallet in order to make purchases.
Historic Market Sentiments 2020- 2022
The Sandbox entered the market in September. The SAND price was almost stable and hovered around $0.04 throughout the year.
The Sandbox price had kickstarted the year with a gradual rise from $0.04064. The price maintained a steady uptrend up to $0.8491 surging more than 500% within three months. As bears took over control, the SAND price took a steep fall to $0.1899 by early June.
The second quarter commenced on a bullish note, SAND took a gradual rise to $0.831 by late September.
The announcement of Facebook’s rebranding to Meta and other announcements helped SAND surge over 500% to its ATH of $8.36 by November 25th.
However, bearish trends and increased volatility led to the year’s closure on the 15th of December. After a rebound to $6.90 on the 26th of December, SAND closed its $5.936.
CoinPedia has dedicated a team of expert analysts to cover possible crypto price predictions and sum them all up in one place, just for you!
FAQs
The SAND coin could be a profitable investment for the long term, with the future of blockchain traversing across diverse sectors.
The price of SAND crypto could hit a potential high of $0.61 by the year-end.
The all-time high of SAND stands at $8.44, which was hit on the 25th of November 2021.
The digital asset might surge as high as $0.79 by the end of 2025.
SAND is available for trade across prominent cryptocurrency exchange platforms such as Binance, KuCoin, Huobi Global, and FTX.
According to CoinPedia’s Price Prediction, Sand price with a potential surge the price can go as high as $3.58 by the end of 2030.
At the time of writing, the price of the Sand token was $0.2561.