The Sandbox’s SAND Token Stands Out From Rest of Emerging Market!

The Sandbox’s SAND Token Stands Out From Rest of Emerging Market!

One metaverse cryptocurrency has greater potential than other crypto assets in the market, according to a well-known analyst and host of the famous Coin Bureau channel.

The Sandbox, a virtual reality game, has strong fundamentals, despite its price action having been unimpressive for many months, says Guy, a pseudonymous analyst with 2.07 million followers, in a recent video update.

“SAND token is reportedly rallying because tech giants came together to see standards for the metaverse earlier this week. Now I would say this is bearish rather than bullish for crypto, but it seems that SAND holders disagree. It’s too bad that the SAND-castle has collapsed, and by that, I mean SAND’s price. 

It’s a good thing that SAND has some actual fundamentals unlike most of the other metaverse cryptos out there. Not naming names.”

The foundation of a “Metaverse Standards Forum,” which intends to develop international interoperability standards for the open metaverse, was announced last week by a sizable group of IT giant and multinational organizations. Huawei, Meta, and Microsoft are a few of the firms collaborating.

Last week, The Sandbox also revealed a collaboration with media behemoth TIME that aspires to replicate Times Square in Manhattan, New York, inside its digital universe.

“We are thrilled to now tap into that community as we seek to find the architect to design TIME Square in the metaverse, as we create an immersive experience with The Sandbox that provides a natural bridge between the virtual community of TIMEPieces, the historical coverage and global relationships of TIME, the unique IP coming from TIME Studios, TIME for Kids, and our real-life IRL events,” TIME CEO Keith Grossman said.

Over the past seven days, The Sandbox (SAND) has beaten the majority of the cryptocurrency markets. SAND, which is trading at $1.18 and is down 7% on the day as of this writing, but still up 38% on the week.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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