SAND Token Rises 40% in a Month: The Sandbox's Potential Comeback Sparks Excitement
Dec 26, 2023
SAND, The Sandbox's native token, has surged by over 40% in the past month, reaching $0.61, driven by a broader market rebound. Initially popular during the 2020-2021 pandemic, SAND's value had declined alongside the broader crypto industry in late 2021. However, recent data suggests that SAND might be in a 'depression' phase, potentially signalling a favourable moment for a market upswing. Analyst Ali Martinez highlights that this phase could be an opportunity for investors as sellers leave the market, enabling asset accumulation at lower prices. The Sandbox also has ambitious expansion plans, aiming to make India its largest market.