Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors

Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors

Sandbox has become one of the most important Metaverse cryptocurrencies to keep an eye on this year.


Sandbox (SAND) is currently selling at $1.31, an increase of 20% based on data from CoinMarketCap.


The rally occurs just days after Microsoft and Meta, among other technology giants, announced the founding of the so-called “Metaverse Standards Forum.”


Other facets of virtual reality are also being researched, as the Sandbox environment has expanded into much more than a gaming platform.


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Sandbox (SAND) Lights Up 7 Straight Green Candles

As shown on the SAND chart, the daily time frame chart obtained seven consecutive green candles.


Near the $1.11 mark, the SAND price confronts severe supply pressure, with intraday trading volume reaching $386 million, suggesting a 3.22 percent decline.



Source: Tradingview

Friday night’s bulls blasted over the 10-day horizontal boundary, propelling the price of SAND cryptocurrency well above the bearish’ critical hedging level of $0.90.


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