The Sandbox
Market Open
15 Jun, 01:26
$
0. 053300
-0.0003
-0.5597%
$
61,440 Volume
$ 0.0536
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SANDUSD Overview
SANDUSD denotes the price of The Sandbox token (SAND) expressed in US dollars. It reflects the market value at which SAND can be bought or sold in USD terms and is updated continuously by trading activity across exchanges.
The Sandbox is a blockchain-based virtual world and user-generated content platform whose token, SAND, functions as an ERC-20 utility and governance token. The project traces to Pixowl’s founders, Sébastien Borget and Arthur Madrid, and gained broader backing after involvement from Animoca Brands; the SAND token was introduced in 2020. SAND is used for governance votes, staking, and purchasing in-game assets, with a fixed maximum supply designed into the tokenomics.
SANDUSD pricing is determined by supply and demand on centralized and decentralized exchanges, order book liquidity, and trading volume. Market sentiment, development milestones for the Sandbox ecosystem, secondary-market NFT activity, and broader cryptocurrency and macroeconomic conditions also drive price moves and short-term fluctuations.
Market participants monitor SANDUSD to gain exposure to the metaverse sector, to price virtual land and assets denominated in SAND, and to implement trading or hedging strategies. As with many digital assets, SAND can exhibit significant volatility and liquidity tends to concentrate on major venues, factors that affect execution risk and strategy selection.
The Sandbox is a blockchain-based virtual world and user-generated content platform whose token, SAND, functions as an ERC-20 utility and governance token. The project traces to Pixowl’s founders, Sébastien Borget and Arthur Madrid, and gained broader backing after involvement from Animoca Brands; the SAND token was introduced in 2020. SAND is used for governance votes, staking, and purchasing in-game assets, with a fixed maximum supply designed into the tokenomics.
SANDUSD pricing is determined by supply and demand on centralized and decentralized exchanges, order book liquidity, and trading volume. Market sentiment, development milestones for the Sandbox ecosystem, secondary-market NFT activity, and broader cryptocurrency and macroeconomic conditions also drive price moves and short-term fluctuations.
Market participants monitor SANDUSD to gain exposure to the metaverse sector, to price virtual land and assets denominated in SAND, and to implement trading or hedging strategies. As with many digital assets, SAND can exhibit significant volatility and liquidity tends to concentrate on major venues, factors that affect execution risk and strategy selection.
SANDUSD Chart
SANDUSD FAQ
What is the current The Sandbox price?
The current price is $0.053300, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0003 (-0.5597%), showing how much the asset has moved compared to the previous close.
What is the previous close for The Sandbox?
The previous close was $0.053600, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.5597%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.053200) and highest ($0.053700) prices traded during the selected period, helping assess volatility.
Why is The Sandbox (SAND) moving today?
Price movements in The Sandbox are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.053300) is below the previous close ($0.053600), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for The Sandbox?
You can view real-time charts, price updates, and market data for The Sandbox (SAND) directly on this page.
