The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation.
Auto Added by WPeMatico
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation.
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized…
During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox…
Nevertheless, signs of bearish divergence between SAND's price and momentum may hamper its ongoing upside momentum.
Where Bitcoin leads, altcoins usually follow — but the smartest crypto traders manage to turn BTC dips into buying opportunities.
Metaverse gaming tokens, including Sandbox's SAND and Axie Infinity's AXS, have bucked the downtrend in Bitcoin and Ethereum.
The net market capitalization of Metaverse tokens grew 13.40% to $12.36 billion in the previous 24 hours.