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RCO NEWS Daily world news agency Based on Dubai, UAE > Blog > Technology > cryptocurrency > The future of sandbox; SAND currency price forecast until 2050
cryptocurrency

The future of sandbox; SAND currency price forecast until 2050

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Last updated: 2024/11/24 at 6:44 AM
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Contents
Future prediction of sandbox price from 2024 to 2050Sandbox price prediction in 2024Sandbox price prediction in 2025Sandbox price prediction in 2026Sandbox price prediction in 2027Sandbox price prediction in 2028Sandbox price prediction in 2029Sandbox price prediction in 2030Sandbox price prediction in 2040Sandbox price prediction in 2050Forecasting the future price of sandbox from the point of view of different analytical websitesTech PediaCoinpediaDigital coin priceKevin Children’sAMB CryptoSandbox currency price history from 2020 until nowSAND currency price trend in 2021SAND currency price trend in 2022SAND currency price trend in 2023SAND currency price trend in 2024What is a sandbox?What factors affect the future price of sandbox?Future sandbox developmentsCollaborations and partnershipsThe growth of the blockchain gaming spaceThe growth of the metaverseCrypto space rules and regulationsThe future of the sandbox project; Roadmap and future plansFrequently asked questionssummary

Sandbox is a blockchain metaverse and gaming platform that was originally built on Ethereum, but now also operates on Polygon. The transaction of its native digital currency, the Sand Token (SAND), is also carried out on the Ethereum, Polygon and Solana networks. Due to the popularity of the sandbox game, the demand for buying its native digital currency has increased. For this reason, it is very important to examine the future price and roadmap of the sandbox project.

To make the right decision about buying and selling sandbox, it is not bad to have a look at the prediction of different analytical websites about the future of this digital currency. In this article, while examining the price history and performance of the SAND token from 2020 until now, we also examine its price forecast for the years 2024 to 2050 and the Sandbox project roadmap for the coming years.

Note that the things mentioned in this article are not a recommendation from Erzdigital to buy or sell the document token and users are responsible for making decisions and conducting full research. Do not forget to use risk management methods to reduce losses.

Future prediction of sandbox price from 2024 to 2050

Analyzes from The future of sandbox indicates that SAND digital currency year 2024 with a high price $0.4 will finish If the market continues to rise, the token price of the document will be up to the year 2025 can to 0.6 The dollar will arrive. Most analysts and analytics websites The price is $1 predict for the sandbox; That in an optimistic state in the year 2026 And in a pessimistic state in the year 2029 or 2030 will be fulfilled

To predict the future price of a digital currency like Sandbox, one should pay attention to various factors such as market sentiments, Bitcoin trend, applications, future plans and other things. The Changelly website has presented its prediction of the future of the sandbox for 2024 to 2050 based on its indicators and algorithms, as follows:

yearPotential price floorAverage price potentialPotential price ceiling
2024$0.246$0.299$0.352
2025$0.249$0.445$0.640
2026$0.5676$0.5878$0.6840
2027$0.8306$0.8541$0.9635
2028$1.21$1.24$1.45
2029$1.75$1.80$2.09
2030$2.56$2.65$3.05
2040$145.55$153.42$176.82
2050$197.86$207.00$223.48

Note, however, that Changelly is known for its optimistic predictions. Other websites and analysts have often predicted lower price targets, which we will also explore below.

Sandbox price prediction in 2024

According to the prediction of Chenali website, the maximum price of Sindh currency in 2024 will be 0.352 dollars and the minimum price will be 0.246 dollars.

Sandbox price prediction in 2025

For 2025, Chanjli expects the average and minimum price of the sandbox to be 2-3 times compared to its current price. The expected local ceiling and floor levels for this digital currency in 2025 are $0.640 and $0.249 respectively.

Sandbox price prediction in 2026

Unlike the previous year, the maximum price is not expected to double or triple in 2026. Changeli’s prediction of the local price ceiling of the SAND currency for 2026 is the level of $0.6840 and its floor is the level of $0.5676.

Sandbox price prediction in 2027

Chenjali has predicted a good price growth for Sindh currency in 2027. Therefore, the digital currency is likely to trade between $0.8306 and $0.9635.

Sandbox price prediction in 2028

If Sandbox continues its upward trend, there is a possibility that it will reach $1 in 2029. The local floor and ceiling levels of this digital currency are 1.21 dollars and 1.45 dollars, according to the prediction of Chenali website.

Sandbox price prediction in 2029

The range of $1.75 to $2.09 is predicted for the future price of SAND currency in 2029 by Chanjli analysts.

Sandbox price prediction in 2030

In 2023, we will probably be close to the $3 sandbox. The local price ceiling of this digital currency this year is 2.09 dollars and its floor is predicted to be 1.75 dollars.

Sandbox price prediction in 2040

For the next decade, Chenali has set a price target for the SAND token above $100. In this case, we should wait for the minimum price of $145.55 and the maximum price of $176.82 for this digital currency.

Sandbox price prediction in 2050

Chanjeli analysts see the 2050 outlook for the sandbox currency as bullish and expect a maximum price above $200 for it.

Forecasting the future price of sandbox from the point of view of different analytical websites

As we said, the Changelly website mainly provides optimistic analysis of the future of digital currencies. Besides, it is not correct to rely on the analysis and opinions of one person or one source. Therefore, in the following parts, we will examine the analysis of various websites about the future of the sandbox digital currency, which we suggest you do not miss reading.

Tech Pedia

TechoPedia’s prediction of the future price of the SAND currency shows the possibility of its becoming $1 by 2025:

yearPotential price floorPotential price ceiling
2024$0.30$0.45
2025$0.55$1.02
2030$1.90$2.20

Coinpedia

According to the prediction of CoinPedia website, there is a possibility that the price of SAND currency will reach $1 in 2026:

yearPotential price floorAverage price potentialPotential price ceiling
2024$0.20$0.40$0.61
2025$0.32$0.54$0.79
2026$0.47$0.77$1.08
2027$0.62$1.10$1.59
2028$0.77$1.44$2.12
2029$0.99$1.89$2.79
2030$1.23$2.40$3.58

Digital coin price

With a more conservative forecast, DigitalCoinPrice targets a $1 sandbox price for 2027:

yearPotential price floorAverage price potentialPotential price ceiling
2024$0.22$0.51$0.53
2025$0.52$0.59$0.62
2026$0.72$0.81$0.87
2027$0.94$1.03$1.11
2028$0.94$1.03$1.11
2029$1.16$1.24$1.33
2030$1.64$1.79$1.83

Kevin Children’s

Although CoinCodex expects the sandbox to become $1 by 2029, it also expects its price to drop in 2030:

yearPotential price floorPotential price ceiling
2025$0.237708$0.608977
2026$0.225283$0.280938
2027$0.21966$0.242213
2028$0.217096$0.247211
2029$0.143514$1.736513
2030$0.090204$0.329003

AMB Crypto

Compared to other websites, AMBCrypto has the most cautious prediction of the future price of the Sandbox currency and does not consider it likely to reach $1 before 2030:

yearPotential price floorAverage price potentialPotential price ceiling
2024$0.22$0.28$0.33
2025$0.26$0.33$0.39
2026$0.28$0.35$0.42
2027$0.32$0.41$0.49
2028$0.4$0.51$0.61
2029$0.46$0.58$0.7
2030$0.81$1.01$1.22

Sandbox currency price history from 2020 until now

According to ICODrops data, the Sandbox project held its seed funding stage in the fourth quarter of 2019 and managed to collect $3.41 million from investors. The public sale of SAND token was also done on August 14, 2020 (August 24, 2019) at a price of $0.008333.

According to the data of CoinMarketCap, Sandbox digital currency started its work on August 15, 2020 (25 August 2019) with a base price of $0.06608 in exchanges. Contrary to the 12% price growth during the first few weeks of trading and reaching the level of 0.07422 dollars, this digital currency remained in the range of 0.03 to 0.05 dollars for most of the days of 2020 and finally on November 4 of that year (November 14, 2019). ), reached its historical low of $0.02894.

Sandbox price chart – September 1403

SAND currency price trend in 2021

At the beginning of 2021, Sand token followed the upward trend of the entire crypto market and reached its highest local price of $0.83 between the beginning of this year and the beginning of April (mid-December 99 to mid-April 1400).

The price of the SAND token then fell steadily and touched the local floor of $0.1737 with a 79% drop. From this point, the price of sandbox increased again and in the third quarter of 2021 (summer 1400), it stabilized between $0.6 and $1 in a short period of time.

In the rest of the year, the Sandbox currency grew by 795% in the space of one month between October and November (October and November 1400), and finally reached its historical price ceiling of $8.44 on November 25, 2021 (December 4, 1400).

SAND currency price trend in 2022

The Sandbox Token experienced a steady decline in price during the 2022 Crypto Winter, gradually meeting support and resistance at the $3, $1.30, and $0.60 levels. On the last day of 2022, this digital currency reached a local low of $0.3831 with a 95% fall compared to its historical price ceiling recorded 13 months ago.

Read more: technical analysis training; Support and resistance – the fifth part

SAND currency price trend in 2023

The year 2023 started promisingly for the price of the Sandbox currency and reached above $0.90 in February (Bahan 1401). The token then entered a sustained downtrend, trading slightly above its historical lows in September and October.

SAND currency price trend in 2024

Following the bullish trend of Bitcoin and the entire crypto market due to speculations about the approval of Bitcoin ETFs, the SAND currency also reached above $0.60 for a while in early 2024 and then entered a downtrend that it has just crossed.

This digital currency is currently in November 2024 with the upward trend prevailing in the entire market and is traded in the range of $0.4.

Read more: What is a Bitcoin ETF? Getting to know the exchange-traded fund

What is a sandbox?

Sandbox is a virtual world that includes Web 3 elements to create a decentralized space. In this space, users can create and buy and sell their digital assets in the form of NFT tokens.

In this metaverse, by purchasing virtual time, you are able to create games, hold events and create experiences in it. It is also possible to rent these lands and earn money in this way.

Read more: What is a sandbox? How to make money from Metaverse Sandbox game?

What factors affect the future price of sandbox?

As a digital currency focused on the metaverse and blockchain games, SAND currency is influenced by several factors including project developments, collaborations, the growth of the blockchain gaming space, metaverse and crypto market rules.

Future sandbox developments

By improving its applications for developers and gamers, the sandbox game can attract more investors. These improvements can increase the demand for the SAND token.

Collaborations and partnerships

Sandbox has already collaborated with many famous people and big brands and is trying to make more partnerships to increase the popularity of its metaverse. The announcements related to these partnerships have so far followed the growth of the price of this digital currency.

The growth of the blockchain gaming space

With the increasing popularity of blockchain, investors are also looking for options with potential for growth. Sandbox also has such potential by having a large user base and products based on their needs and demands.

The growth of the metaverse

As the metaverse concept expands in popularity and virtual reality equipment becomes cheaper, people are likely to join the space for work and entertainment. Having such a potential and also providing the possibility of generating income, Sandbox can attract the most demand.

Read more: What is Metaverse? Zero to one hundred technology and entering the Metaverse

Crypto space rules and regulations

The document token is still an altcoin and a member of the digital currency market. As these markets fluctuate in response to news and new rules, the price of the SAND token will follow them.

The future of the sandbox project; Roadmap and future plans

The Sandbox we see today has been in development for a long time. Sandbox first started as a simple mobile game in 2012 and then launched on Ethereum in November 2021 (Aban 1400) with its blockchain version.

Sandbox game

However, due to the high transaction costs on the Ethereum network, this game was also released on Polygon in 2020. In this regard, Sandbox brought fee-free transactions to users through cooperation with Biconomy. Now it is possible to pay for transactions with SAND token in this game.

The Sandbox Foundation is responsible for managing incentive programs and growing this ecosystem by focusing on promotion and recruiting. Currently, the foundation has not officially announced a specific program for 2024 and beyond, but based on experience, it is expected that increasing collaborations and improving user experience will be among its priorities.

Frequently asked questions

Is sandboxing a good investment?

Considering the potential of Metaverse Sandbox and the developments it has had so far, we can hope for its future.

What will be the status of Sandbox project in the future?

Increasing cooperation and improving user experience are likely to be among the priorities of this project for the coming years.

Can the price of the sandbox reach $1?

Based on the forecast of various analytical websites, many of them are waiting for the price of SAND currency to reach $1 before 2030.

summary

As one of the most popular metaverse games, The Sandbox has the potential to grow in the future. The native digital currency of this game with the symbol SAND has also grown well so far. Examining the predictions of various analytical websites regarding the future of the Sandbox currency in the coming years will give you a good idea of ​​how to invest in this token.

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