The Sandbox (SAND) Trading 11.1% Lower Over Last 7 Days

The Sandbox (SAND) traded down 0.2% against the dollar during the 1-day period ending at 8:00 AM E.T. on March 14th. The Sandbox has a market capitalization of $685.45 million and approximately $59.50 million worth of The Sandbox was traded on exchanges in the last day. One The Sandbox token can currently be bought for $0.28 or 0.00000333 BTC on major exchanges. In the last seven days, The Sandbox has traded 11.1% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded 2.5% lower against the dollar and now trades at $0.64 or 0.00000764 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.5% higher against the dollar and now trades at $83,140.56 or 0.99794364 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% lower against the dollar and now trades at $82,418.48 or 0.98927653 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

The Sandbox Profile

The Sandbox’s launch date was October 29th, 2019. The Sandbox’s total supply is 3,000,000,000 tokens and its circulating supply is 2,469,357,126 tokens. The Sandbox’s official message board is medium.com/sandbox-game. The Sandbox’s official Twitter account is @thesandboxgame and its Facebook page is accessible here. The Sandbox’s official website is www.sandbox.game/en.

According to CryptoCompare, “The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. SAND holders will be also able to participate in the governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on key decisions of The Sandbox ecosystem. As a player, the user can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with The Sandbox Game Maker.As the Sandbox virtual world is built on top of the Ethereum blockchain, it is secured by the proof-of-stake (PoS) consensus mechanism. The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards. Unlike the proof-of-work (PoW) consensus mechanism employed by the Bitcoin blockchain, PoS does not require vast amounts of electrical or computing power to validate transactions. It relies on stakeholders with the largest holdings in SAND tokens. The PoS consensus mechanism allows for a lot of diverse applications while still ensuring the security of staked funds.”

Buying and Selling The Sandbox

It is usually not possible to purchase alternative cryptocurrencies such as The Sandbox directly using U.S. dollars. Investors seeking to acquire The Sandbox should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase The Sandbox using one of the aforementioned exchanges.

SAND/USD price chart by TradingView