Sandbox (SAND) Crypto Gains On Momentum Trade

Ever since Facebook made it a big thing, metaverse has become a highly important factor among investors in the traditional capital markets and also in the crypto market. There are many investors in the crypto space who are currently looking for metaverse-themed cryptocurrencies.

Key Analysis

One cryptocurrency that they could consider looking into is The Sandbox (SAND). In addition to being metaverse themed, The Sandbox token has also taken off in a big way recently and was flying yesterday as well. Yesterday, the token had recorded gains of as much as 14% up until 2:30 a.m. Eastern Time and it is quite likely that it might come into focus this morning as well.

The Sandbox Token may have come into prominence on Monday but at the same time, it is important for investors to keep in mind that it had demonstrated strong momentum in the past few weeks of trading as well. It is one of the better know blockchain projects that is based out of Ethereum and helps users with the task of creating new virtual worlds. As a consequence, it is perhaps not a surprise that the token ha quickly emerged as one of the leading lights of the metaverse themed cryptocurrencies.