![]() ![]() ![]() At the start of June 2023 the price will be around $0.0000 USD. June 2023 The Sandbox (SAND) to USD predictions. The Sandbox price forecast at the end of May 2023 $0.0000, change for May 2023 -15%. The average The Sandbox price for the month of May 2023 is $0.0000. A Maximum price of $0.0000, minimum price of $0.0000 for May 2023. At the start of May 2023 the price will be around $0.0000 USD. May 2023 The Sandbox (SAND) to USD predictions. The Sandbox price forecast at the end of April 2023 $0.0000, change for April 2023 5%. The average The Sandbox price for the month of April 2023 is $0.0000. A Maximum price of $0.0000, minimum price of $0.0000 for April 2023. At the start of April 2023 the price will be around $0.0000 USD. The Sandbox price forecast at the end of March 2023 $0.0000, change for March 2023 6%.Īpril 2023 The Sandbox (SAND) to USD predictions. The average The Sandbox price for the month of March 2023 is $0.0000. A Maximum price of $0.0000, minimum price of $0.0000 for March 2023. At the start of March 2023 the price will be around $0.0000 USD. March 2023 The Sandbox (SAND) to USD predictions. The Sandbox price forecast at the end of February 2023 $0.0000, change for February 2023 12%. The average The Sandbox price for the month of February 2023 is $0.0000. A Maximum price of $0.0000, minimum price of $0.0000 for February 2023. At the start of February 2023 the price will be around $0.0000 USD. The Sandbox Price Prediction For 2023, 2024, 2025, 2026, 2027įebruary 2023 The Sandbox (SAND) to USD predictions. These are our The Sandbox price predictions for The Sandbox's future. This makes The Sandbox the world's 1260th largest crypto project. The post Sandbox (SAND) price prediction: Something big is about to happen appeared first on CoinJournal.The Sandbox (SAND) Price Prediction Curent Price: $0.8049Īs of February 2023 The Sandbox has a market cap of 1.42B and it is trading at around $0.8049. This view will be confirmed if it rises above the important resistance at $0.98. Therefore, despite the bearish view of the cliff unlock, there is a likelihood that the coin will have a bullish breakout in the near term. Sandbox crypto is also slightly above the 25-day and 50-day moving averages. Still, the coin seems to be forming a cup and handle pattern, which is usually a bullish sign. So, is it safe to buy The Sandbox? Turning to the daily chart, we see that the SAND crypto price pulled back slightly below the resistance point at $0.9800 (November 5 high). It is unclear what the partnership will do but there is a likelihood that the government will take a stake in the company. For example, on Wednesday, Sandbox announced a major partnership with Saudi Arabia Digital Government Authority. In such cases, this dilution happens because the developers usually publish positive news to counterbalance the news. In other cases, such as with dYdX, companies tend to postpone their cliff unlock. For example, in January, Axie Infinity’s AXS token surged even after the cliff unlock introduced more tokens in its ecosystem, as I wrote here. However, in some instances, cryptocurrencies tend to rise when it happens. In theory, the SAND price should decline ahead and after this dilution. Therefore, introducing new tokens will dilute existing holders. Sandbox now has a total market cap of over $1.17 billion and a diluted value of $2.34 billion. The next cliff unlock will happen on Monday and will see over 372 million tokens valued at over $292 million being unlocked.Īs a result, the total number of SAND tokens in circulation will rise to 2.1 billion tokens. The locked ones are currently valued at over $1 billion. A cliff unlock is a situation that is baked in the tokenomics that increases the number of tokens in circulation.ĭata by Token Unlocks shows that just 56% of all SAND tokens are now in circulation, with the remaining 44% being locked. Cliff unlock nearsĬrypto tokens have a mechanism known as tokenomics, which defines the distribution of initial tokens. The SAND/USDT price retreated to a low of $0.7797, which was lower than this week’s high of $0.937. The Sandbox price crashed for two straight days as the cliff unlock date nears and as a risk-off sentiment prevailed.
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