The Sandbox is presently trading at $1.26, according the most recent data gathered. The Sandbox has a market capitalization of $1,589,749,907 and a circulation supply of 1,258,626,081.
The Sandbox’s price has increased significantly over the past 24 hours by 7.3 percent thanks to an increase in its trading volume and market value.
The SAND saw a nice rising trend over the previous 7 days and gained by 18.69 percent. Recently, The Sandbox has demonstrated very high potential; now would be a good time to jump in and make an investment.
Sandbox Price Today in India is ₹ 99.73 with a 24-hour trading volume of ₹39,87,89,16,335. In the last 24 hours, SAND-INR price has increased by 5.65%. Sandbox CoinMarketCap rank is 37. The circulation supply of Sandbox is 1,26,42,90,508.2233226SAND coins, with maximum circulating supply being unlimited.
Share your thoughts on the Sand Price Prediction on BuyUcoin’s Twitter handle.
Latest news on The Sandbox in India July 2022
SAND: Positive price movement, but is it the whole picture?
The market capitalization of all cryptocurrencies increased by 5% in the previous day as a result of gains made by many cryptoassets. SAND, the native token of Sandbox, was one of the top assets to have a price increase during this time. The leading metaverse token’s price increased by 15% over the previous day, according to data from CoinMarketCap.
What you need to know about the token’s 24-hour performance is provided below.
Gains from ‘SAND’
The trading session started on July 4 with the price of a SAND token set at $1.058. The SAND token, however, started a rise as a result of the positive bias that was sweeping the cryptocurrency market as a whole. At the time of publication, each SAND token cost $1.20, a 15% increase. The token’s market capitalization increased by 13% within the same time frame. At the time of publication, the estimate was $1.51 billion.
As the token’s trading volume increased by more than 120 percent over the course of the previous day, investors were seen profiting from the upward price rise. At the time of writing, the SAND token was accumulating significantly, with the Money Flow Index (MFI) standing at 74.48. The Relative Strength Index (RSI), which was in an ascending trend, was 54.98 at the time of publication. The placements of these important indicators showed that there had been substantial purchasing pressure in the previous day.
Hold on, there’s more
According to Santiment data, the coin had some growth in important measures over the previous day. The exchange flow balance showed a positive value of 1.41 million at the time of publication. This statistic was at a negative 609.92k as of July 4. This adjustment demonstrated that more SAND tokens were sent into exchanges in the previous day than were removed. In circumstances like this, a further price increase is pending.
The number of unique addresses using the SAND token to transact has decreased, despite the possibility of a future price bubble. This has decreased by 68% in the past 24 hours.
Additionally, throughout the time period under consideration, there was a 22% decrease in the number of new addresses created on the SAND network.
In the past 24 hours, the number of whale trades has also decreased. A 44 percent drop for transfers of more than $100,000 was seen. but for whale purchases over $1 million, this fell by 100% in the previous day.