The Sandbox Price Predictions: Where Will A Metaverse Launch Take The SAND Crypto Asset?

Here's where the crypto analysts think about the SAND price predictions

Last Updated March 25th 2022
25 Min Read

Sandbox has been one of the most patronized non-fungible token (NFT) Marketplaces in 2021. This has made its native asset, SAND, one of the most liquid digital tokens in the crypto finance space. 

In this article, Trading Education shares Sandbox Price Predictions from some of the most reputable crypto news and forecasting portals in the space today. 

This will help you know if Sandbox is a good investment and if you should invest in SAND in the short, medium, or long term.

The Sandbox (SAND) is one of the top metaverse-themed cryptocurrencies in 2021. 

The rise in the interest of video games which stretches to the peak periods of the pandemic has brought extensive demand for crypto-based metaverse games such as the Sandbox. 

This has brought huge investor interest in tokens that power NFT Marketplaces directly linked to video games such as SAND. 

At the time of writing, SAND had recorded at least $5 billion in daily trading volume. Since Trading Volume plays an integral role in price forecasts due to the fundamentals and technical analyses that can be derived from them, several experts have shed insights into the future of the cryptocurrency. 

One thing you should know is metaverse-related assets continue to record huge earnings. 

A great example can be attributed to Roblox (an online game platform that allows novice and professional users to try their hands on game development by creating and playing numerous games). Trading on the financial markets as a stock (RBLX), Roblox reported huge earnings in their quarterly reports.

As several employees returned to work, many felt there would be a decline in meta-verse inspired games. They were wrong. 

Based on popular demand, Nvidia (a chip maker) on Friday, 26th November 2021, announced that they are shifting toward the metaverse

According to Chief Executive Officer (CEO), Jensen Huang, “Running simulations in the metaverse can deliver real-world benefits to corporations.” He also stressed why companies are willing to invest in the creation of virtual reality universes. 

Aside from the two corporations, no one can forget about Mark Zuckerberg’s rebranding of Facebook to Meta Platforms in November 2021.    

What this means is that the metaverse has become the new normal in the technology space. 

With the Sandbox having one of the best online blockchain-driven Metaverse games users around the globe can play, it is only right that you as a trader or investor get to know the potential of the coin in the market. 

Before we delve straight into the Sandbox Price Predictions, it will be in your interest to get to know what the Sandbox is, and more importantly, what factors affect the price of SAND?

 

Contents:

What Is The Sandbox (SAND)?

What Factors Affect The Price Of The Sandbox (SAND)?

The Sandbox (SAND) Price Prediction: What Are Experts Saying About The SAND?

Sandbox Price Prediction: Will Sandbox Reach $100?

Sandbox Price Prediction: Will Sandbox Reach $10?

Where To Buy The Sandbox (SAND) / How Do I Invest In SAND?

Is Sandbox A Good Investment?

FAQs

 

What Is The Sandbox (SAND)? 

Founded by Arthur Madrid and Sebastien Borget in 2011, The Sandbox is a blockchain-based virtual world that allows users to build, create, buy, and sell digital assets in a game setting. 

By tapping into the possibilities of decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs), the Sandbox has created a decentralized platform that meets the needs and interests of a growing gaming community. 

Similar to Roblox, the Sandbox users can simultaneously act as users and creators.

The Sandbox functions as 3 separate entities that are interconnected. 

  • The Sandbox Protocol: This is a platform where users create, build, buy, and sell digital assets. 
  • SAND: This is the utility token that facilitates transactions on the Sand Protocol. 
  • The Sandbox Community: This is the community that continues to add more innovative products onto the protocol as well as use them. 

As of Sunday, 28th November 2021, 892,246,119 SAND tokens are circulating on the market from a total and maximum supply of 3,000,000,000 SAND coins. 

There are approximately 30% of tokens in the market today at the time of writing. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox Price Prediction: What Factors Affect The Price Of The Sandbox (SAND)?

You should know that the price predictions you find on the numerous online portals are based on possibilities and not certainties.

They are based on fundamental and more importantly, technical analysis that takes inference from previous price patterns. 

Due to the unpredictable nature of the cryptocurrency market, it would be extremely difficult for analysts to tell you accurately what the future looks like for a particular coin such as SAND. 

This is because several factors pop up daily which contributes to the price patterns of a digital asset.

By doing independent research that helps you understand these factors and how they can impact SAND, you reduce your level of risk. 

As a result, you can take advantage of news that has been priced in the valuation of SAND and take profits when you reach your price ceiling.

Some of the factors that could impact the Sandbox (SAND) in 2022 and beyond are; extensive interest in the Metaverse, NFTs, investor interest which shows the Sand as an attractive investment, and development activity on the platform. 

Extensive Interest in the Metaverse 

Many people ask what exactly is a metaverse? 

Metaverse is an experiential, interconnected, 3D virtual world where people who are located anywhere on the globe engage with one another in real-time to form a persistent, user-owned, internet economy that comprises the physical and digital world. 

According to analyst Jon Swartz at Market Watch, the metaverse is worth approximately $8 trillion. This is possible since it encompasses all aspects of the internet. 

The largest digital asset management firm, Grayscale believes that with the continuing relationship we as humans continue to have with the digital world, the metaverse represents a $1 trillion market opportunity. 

In a report published on Thursday, 25th November 2021, Grayscale estimated Metaverse may compete with Web 2.0 companies that are worth $15 trillion in market value as of November 2021. 

Video games play an integral part in Metaverse. 

Towards the end of 2020, the video game market was worth more than $90 billion, as per a report by the Tech Jury. 

According to a report by Statista that analyzed the Value of the Global Video Games Market 2012-2021, the video market has increased by 5% from $131.23 billion in 2020 to $138.40 billion in 2021

According to a new study by Markets Insider in an article by analyst Carla Mozee, “Nearly 60% of American and UK-based video game developers are starting to use blockchain technology. Game developers were most interested in DeFi or GameFi in terms of blockchain capabilities.” 

In an article by Sensorium that assessed the Best Blockchain Games to Play and earn in 2021, in the list were Axie Infinity, Blankos Block Party, Upland, Mobox, Lightnite, Gods Unchained, CryptoKitties, Splinterlands, Illivium, Cryptopop, and the Sandbox.

With the popularity of blockchain-based games soaring in 2021 coupled with the mania around the Metaverse, and video games in general, there is a huge chance that the Sandbox will see huge user demand. 

Because of the usage of the SAND as a governance token that also oversees transactions on the platform, there is a huge chance that the token will see more liquidity in the future. 

In the long term, the resultant effect will be a positive reflection in the price of the cryptocurrency to reach new milestones.

➣ The rise in the Popularity and Demand for Non-Fungible Tokens 

What Are Non-Fungible Tokens? 

Non-Fungible Tokens or NFTs are digital assets that serve as a representation of tangible and intangible items that are unique such as collectible sports cards, virtual real estate, and digital sneakers. Technically, NFTs are cryptographic assets that run on blockchain technology and possess unique codes of identification and metadata that distinguish them from one another.

To many analysts, Ethereum (ETH) and Solana’s (SOL) value and market capitalization are highly reflective of the impacts of having NFTs on their respective platforms. 

According to Business Insider, the NFT market is worth $7 billion, as of November 2021. 

Aside from this, the same platform reports that half of the nearly 60% of American and UK-based video game developers that have started using blockchain technology is incorporating NFTs into their games. 

NFTs have been on the rise in 2021 thanks to CryptoKitties, NBA Top Shot, Beeple’s record sale of its Everydays (The First 5000 Days for $69.3 million), Jack Dorsey’s first tweet, RTFTK selling virtual sneakers, and Kings of Leon Band selling an album in a series of tokens

Although only one-fifth of the United States population is familiar with NFTs, more than 4 million people have purchased or sold an NFT in the last 3 years. 

What’s more, according to a study by Statista that assessed the number of video gamers worldwide 2015-2023, they found that there were more than 1.5 billion video gamers globally in 2020.

As an NFT-based open metaverse, the Sandbox already has partnerships with over 165 brands which include CryptoKitties, Atari, The Walking Dead, Snoop Dogg, Care Bears, and The Smurfs. According to CoinTelegraph, these partnerships help the brands “to create voxelized versions of their world and characters on the platform.”  

Considering several developers have started choosing blockchain technology to create video games, there could be an increment in the number of blockchain-based video gamers in the long term. Since in-game purchases play an integral role in how powerful your avatar or player could become, there could be a rise in the number of NFTs bought and sold daily. 

Since the Sandbox is at the forefront of blockchain-based game creation, there is a huge chance that several developers will create, build, buy, and sell digital items on the platform. 

As the demand for the platform goes up, several investors will automatically demand its native asset, SAND. 

From our basic knowledge in the law of Economics, when more of an asset is demanded, there is an increase in the price of that asset, in this case, SAND.

Read Also: What Are The Best NFTs To Buy?

➣ The Sandbox (SAND) is an Attractive Investment

A digital asset can only be considered an attractive investment if it has a positive reserve risk. 

In reserve risk analysis, if investor confidence in an asset is greater than the price of the asset, we can say that a particular digital asset is an attractive investment

On the other hand, if investor confidence in an asset is low although the price of the asset is high, we can conclude that a particular digital asset is an unattractive investment

Investor Confidence can be sourced from trading volume. 

As of Sunday, 28th November 2021, the trading volume for SAND was $5.9 billion

Aside from that, the crypto trading asset has recorded a daily volume of $400 million since 1st November 2021. 

This is a relatively higher trading volume than the $3.9 million recorded on 1st January 2021. 

Such volumes have contributed to the substantial increase in the price of the SAND from a small-cap digital asset to a medium-cap digital asset in terms of market capitalization. 

The trading volumes of SAND in November and 2021, in general, do not reflect the price of the token. 

Therefore, we can all agree that the novel token behind the Sandbox Protocol is highly undervalued.

At a price, less than $10, a $1,000 investment could get you 100 SAND tokens. Should SAND cross new milestones to reach $50 or $100 someday, your initial investment will increase by 5 or 10 times.

➣ Development Activity on the Sandbox

As of November 2021, development activity in the last 30 days up to the time of writing (29th October to 28th November 21) for NFT Marketplaces is largely dominated by Flow, Decentraland, LUKSO, Aavegotchi, Enjin, Bounce, Monavale, Muse, Phantasma Protocol, NFTX Hashmasks Index, Punk, Font, Alien Worlds, Illuvium, Stater, Dogs of Elon, and Axie Infinity

On 2nd November 2021, the Sandbox raised $93 million to expand its NFT Metaverse. 

As the popularity of the Sandbox soars, it will be able to pull up in the rankings. 

Once several developers believe in the potential of the Sandbox Platform, there will be news of gaming platforms launching virtual games and digital assets. 

Whatever happens, such information will be positively priced-in in the market valuation of the SAND crypto.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox (SAND) Price Prediction: What Are Experts Saying About The SAND? 

Several analysts and experts have made price forecasts of the Sandbox (SAND). 

These estimates cover Sandbox Price Prediction 2022-2030. 

Let us take a look at some of the top Sandbox Price Predictions by experts. 

According to the analysts at Coin Price Forecast, the Sandbox could trade at $42.78 by the year’s end of 2023, and increase to $56.42 by 31st December 2024. 

Coin Price Forecast further predicts SAND to have the best possible trading prices of $72.27 (2026), $86.28 (2027), $80.97 (2028), $90.50 (2029), $119.02 (2031), $137.47 (2032), and $143.93 (2033).

According to the analysts at the Price Prediction, the Sandbox could trade for a regular price of $11, the lowest possible price of $10.40, and the best possible price of $11.20 by the end of 2022. 

In addition to this, the crypto prediction portal believes SAND could trade for an average price of $14.78, the minimum price of $14.37, and the best maximum price of $17.21 on the last day of 2023. SAND could also increase significantly to an average price of $21.89, the lowest possible price of $21.15, and the best possible price of $24.92 on 31st December 2024. 

Analysts at Price Prediction further expect SAND to have the best possible prices of $53.56 by the end of 2026, $82.02 (2027), $119.51 (2028), and $174.31 on the last day of 2029.

According to analysts at Gov.Capital, the Sandbox (SAND) could trade for an average price of $20.211, the minimum price of $17.17935, and the maximum price of $23.24265 on the last day of 2023. 

In addition to this, Gov. Capital foresees SAND trade for a regular price of $30.842, the lowest possible price of $26.2157, and the best possible price of $35.4683 by 31st December 2024. 

The crypto forecasting portal further estimates the Sandbox to have an average trading price of $58.197, a minimum price of $49.46745, and the maximum price of $66.92655 by December 2026.

According to analysts at Wallet Investor, SAND could reach a regular price of $7.902, a minimum price of $7.147, and the maximum price of $8.634 on the last day of 2023. 

Moreover, the technical analysis-backed forecasting portal estimates SAND to reach an average price of $9.731, the lowest possible price of $8.755, and the best possible price of $10.714 by the end of 2024. 

By November 2026, the Sandbox could be worth an average price of $13.305, the lowest possible price of $11.515, and the best possible price of $15.072. 

Sandbox Price Prediction 2022 - What Will Sandbox Be Worth in 2022? 

According to the analysts at Coin Price Forecast, SAND could trade for $27.83 by June and consolidate to $26.47 by the end of 2022.

Price Prediction estimates SAND to reach a regular price of $10.27, the lowest possible price of $9.92, and the best possible price of $11.74 by the year’s end of 2022.

According to analyst Elena R at CoinPedia, the Sandbox crypto could trade for an average price of $10.56, could reach $16.54 in the middle of the year, and reach the best possible price of $25 by the end of 2022.

Gov. Capital predicts SAND could reach a regular price of $11.879, the lowest possible price of $10.09715, and the best possible price of $13.66085 by the end of 2022.

Analysts at the Wallet Investor are not so bullish about the future of the Sandbox. The analysts believe SAND could trade for an average price of $6.034, the lowest possible price of $5.405, and the best possible price of $6.668 by the end of 2022.

According to analyst Torsten Hartmann at Captain Altcoin, SAND could reach $21.60 by December 2022.

Sandbox Price Prediction 2025 - What Will Sandbox Be Worth in 2025? 

Coin Price Forecasts thinks SAND could trade for $51.43 by June ending and increase slightly to $53.67 to close out 2025.

Price Prediction estimates the Sandbox could have an average trading price of $32.12, the lowest possible price of $31.24, and the best possible price of $36.90 by the end of 2025.

Analyst Elena R at CoinPedia predicts SAND to trade for a minimum price of $20.145 and the maximum price of $50.15 by the end of 2025.

Gov.Capital expects SAND to trade for a regular price of $44.353, the lowest possible price of $37.70005, and the best possible price of $51.00595 by the end of 2025.

Wallet Investor forecasts SAND to reach an average price of $11.610, the minimum price of $10.261, and the maximum price of $13.085 by the end of 2025.

Analysts at Digital Coin Price believe that SAND could reach a new all-time high price of $23.49 by the end of December 2025. 

Torsten Hartmann at Captain Altcoin thinks that SAND could reach $52.97 in 2025.        

Sandbox Price Prediction 2030 - What Will Sandbox Be Worth in 2030? 

Analysts at Coin Price Forecasts believe SAND could trade for $147.09 and close the year with a trading price of $143.93. 

Experts at Price Prediction think the Sandbox (SAND) could trade for the average trading price of $214.11, the lowest possible price of $208.16, and the best possible price of $245.47 on 31st December 2030.

Sandbox Price Prediction: Will Sandbox Reach $100?

According to Coin Price Forecast, the Sandbox (SAND) could reach $100 in 2030. 

According to Price Prediction, SAND could be worth $100 in 2028.

Sandbox Price Prediction: Will Sandbox Reach $10?

According to analysts at Price Prediction, the Sandbox (SAND) could reach $10 by the end of 2022.

According to analyst Elena R at CoinPedia, the Sandbox (SAND) could hit the $10 mark price by the end of 2022. 

According to the experts at Gov.Capital, the Sandbox (SAND) could reach $10 by July 2022. 

According to the experts at the Wallet Investor, the price of  Sandbox (SAND) could hit $10 level by the end of 2022.

Where To Buy The Sandbox (SAND) / How Do I Invest In SAND? 

There are several best ways to buy SAND in 2022 and beyond. Some of the best places and ways to buy SAND include but are not limited to Binance, KuCoin, Huobi Global, OKEx, Bitvavo, Kraken, Uniswap V2, Indodax, Upbit, Uniswap V3, BKEX, and Hotbit

Although cryptocurrency exchanges perform the same functions, they differ in several ways. 

This is the primary reason why as an e-learning organization, we would urge you to take regulation, insurance, geographical restriction, limits, security, speed, customer service, payment methods, ease of use, liquidity, insurance, and reputation into consideration before selecting an exchange. 

Among others, the exchange we would like to recommend for you based on regulation, liquidity, speed, and security is the Binance Exchange. 

To trade and invest in the Sandbox (SAND) on Binance or any other exchange of your choice, you will go through the following process. 

The first step is to create an account. 

On exchanges, kindly input details of your full legal name, authentic details of your residential and email address, and an active contact number. You should know that as part of the verification process, your email address and phone number will be verified first. 

The second step is to verify your account. 

Using government-issued identification cards that have your signature embossed, you can verify your identity. 

In addition to this, you will be required to upload a bank statement, credit card statements, or utility bills that can prove your residence. Depending on how cooperative you are as a customer, the verification process can take hours to days. 

The third step is to deposit funds into your account. 

Without fiat currency, it would be impossible to buy or invest in the Sandbox (SAND). Choosing from a variety of payment methods the one that suits your needs, you can upload funds in the accepted forms of United States Dollars, Great Britain Pound, and Euro

The fourth step is to navigate to the Sandbox (SAND) Page. 

On this page, you can order several SAND tokens and they would be calculated, processed, and added to your account.

 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Sandbox Price Prediction: Is Sandbox A Good Investment? 

As per the price forecasts by analysts and experts, the Sandbox (SAND) is a digital asset you should consider investing in.  The experts believe SAND is a good investment when compared to other cryptos. 

Despite all the ups and downs in the Sandbox crypto’s trading history, analysts believe that SAND’s price could grow further in the long term. 

With that said, you should know that most investment decisions come down to two factors. They are risks and rewards. 

As a trader or investor, you should always ask the question, do the potential rewards of investing in the Sandbox (SAND) outweigh the possible consequences of the risks of such an investment? 

Sandbox certainly has some factors. 

It happens to be fighting for the same virtual numbers as Decentraland and Axie Infinity of the Ethereum Network in the blockchain-based video games space. 

In addition to this, SAND is still a long way from challenging main market rivals such as Uniswap (UNI), Maker (MKR), Compound (COMP), Yearn Finance (YFI), and Axie Infinity among others. 

Aside from these, SAND trades for an infinitesimal value when compared to mainstream cryptocurrencies Ether (ETH), Binance Coin (BNB), Litecoin (LTC), Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), and Monero (XMR), among others.

On the other hand, the Sandbox Platform with the popularity and mainstream acceptance of the Metaverse will only increase in usage. Aside from this, its novel token, SAND, has the backing of some of the largest cryptocurrency exchanges by daily trading volume. 

Also, the current price of SAND is a low barrier of entry for new traders and investors who do not have large sums of money to risk. The SAND also provides a great opportunity for sophisticated traders and investors to diversify their portfolios without risking large sums of money. 

To put it simply, the Sandbox is a great platform with lots of potential rewards. 

So, should I invest in the Sandbox (SAND)? The SAND has already made several long-term holders of the coin millionaires and you could be the next. 

Consider adding SAND to your investment portfolio and see where it can take you as per your investment goals.  

eToro – The Best Platform To Buy The Sandbox

eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs

Will the Sandbox Price Go Up?

The Sandbox (SAND) price could go up significantly in the future based on several factors. If the positive crypto market sentiment (bulls) of 2021 is maintained throughout 2022, there are innovative virtual products on the Sandbox platform which could pour more liquidity into the token. The resultant effect will be the Sandbox (SAND) going up substantially in price.    

Is Sandbox Legit / is the Sandbox Safe?

The Sandbox is legit and safe. Although several decentralized applications (DAPPS) continue to be mired in several controversies the Sandbox Platform has steered clear of such cases. What you should know is that the Sandbox Platform is an ERC 20 token on the Ethereum Network. As a result, it is bound by the security features of Ethereum. Ethereum 1.0 uses a proof-of-work (POW) algorithm which means you will need more than 50% of computational power to break into the protocol. This is practically impossible due to the high electricity and equipment costs associated with the POW system. When Ethereum becomes fully functional on their 2.0 Network, there will be the introduction of sharding on the proof-of-stake (POS) network. With this, users will contribute power to validating and verifying transactions. Therefore, it is practically impossible for DAPPS like the Sandbox to be compromised.    

Is Sandbox an NFT?

The Sandbox is not a non-fungible token. Instead, the Sandbox is a platform that can help you create NFTs and sell them in video games. The Sandbox is an integral part of the NFT Marketplaces and continues to form more partnerships with well-known brands. The primary reason why you should consider using the Sandbox is that you can create in-app purchases in your created video game and sell them as NFTs to buyers on the platform. In the process, you can make passive income by creating and selling NFTs on the Sandbox.