The Sandbox (SAND) Hits Market Cap of $1.11 Billion

The Sandbox (SAND) traded down 5.9% against the US dollar during the 24-hour period ending at 9:00 AM Eastern on January 25th. Over the last week, The Sandbox has traded down 0.2% against the US dollar. The Sandbox has a total market capitalization of $1.11 billion and approximately $249.61 million worth of The Sandbox was traded on exchanges in the last 24 hours. One The Sandbox token can currently be purchased for approximately $0.74 or 0.00003265 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 7.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3.8% lower against the dollar and now trades at $0.0588 or 0.00000260 BTC.
  • CareCoin (CARES) traded down 3.8% against the dollar and now trades at $0.0730 or 0.00000322 BTC.
  • OmniaVerse (OMNIA) traded up 65.1% against the dollar and now trades at $0.0033 or 0.00000015 BTC.
  • Kitty Inu (KITTY) traded down 3.8% against the dollar and now trades at $90.41 or 0.00399081 BTC.
  • Lunar (LNR) traded 2.1% lower against the dollar and now trades at $0.0283 or 0.00000125 BTC.
  • Hokkaidu Inu (HOKK) traded 14.5% higher against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 3.8% lower against the dollar and now trades at $6,345.86 or 0.28012558 BTC.
  • 2G Carbon Coin (2GCC) traded up 0.5% against the dollar and now trades at $135.86 or 0.00599727 BTC.
  • Lego Coin (LEGO) traded 0.1% lower against the dollar and now trades at $0.0405 or 0.00000179 BTC.

About The Sandbox

The Sandbox launched on October 29th, 2019. The Sandbox’s total supply is 3,000,000,000 tokens and its circulating supply is 1,499,470,108 tokens. The Sandbox’s official Twitter account is @thesandboxgame and its Facebook page is accessible here. The official message board for The Sandbox is medium.com/sandbox-game. 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.”

The Sandbox Token Trading

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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase The Sandbox using one of the aforementioned exchanges.

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