{"id":495081,"date":"2022-07-07T10:26:06","date_gmt":"2022-07-07T10:26:06","guid":{"rendered":"https:\/\/wncen.com\/?p=495081"},"modified":"2022-07-07T10:26:06","modified_gmt":"2022-07-07T10:26:06","slug":"sandbox-sand-rise-12","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/sandbox-sand-rise-12\/","title":{"rendered":"Sandbox (SAND) Having A Blast With 12% Spike In 24 Hours"},"content":{"rendered":"

Sandbox (SAND) was one of the most active cryptocurrencies on Thursday, with values increasing by as much as 14\u00a0percent. After reaching a low of $1.13\u00a0on Wednesday, the\u00a0SAND\/USD pair\u00a0reached a session high of $1.28 earlier today.<\/p>\n

The token reached its highest level since June 25 and drew closer to a crucial resistance level as a result. During the same timeframe, the market capitalization of the token increased by 15\u00a0percent. It was valued at $1.58 billion as of press time, according to data from Coingecko.<\/p>\n

Suggested Reading | ATOM Rises To Multi-Week High, Daily RSI Shows Bullish Pattern<\/a><\/em><\/strong><\/p>\n

Major Indicators Showing Positive Values<\/h2>\n

According to Santiment statistics, SAND’s major indicators improved over the past day, with the exchange flow balance exhibiting\u00a0a positive value of $1,411,000.<\/p>\n

In the previous 24\u00a0hours, significantly more SAND tokens were supplied to exchanges than were withdrawn. In such circumstances, a further price increase is anticipated.<\/p>\n

Based on the chart, this resistance is located at $1.35 and has not been breached since late May, when prices were trading near $1.50.<\/p>\n

To not only reach this ceiling, but perhaps surpass it, the 14-day relative strength index would need to surpass its own barrier. As of Thursday at midday, the SAND RSI is tracking at 57.50, which is just below the level of resistance at 58.<\/p>\n

<\/p>\n

Crypto total market cap at $901 billion on the daily chart | Source: TradingView.com<\/a><\/pre>\n
Coinbase Merge Pushes SAND Price Up<\/h2>\n
This week’s news that The Sandbox has successfully merged with Coinbase Wallet and enabled LAND deployment on Polygon has provided a much-needed push to the price of metaverse currencies, causing a 20 percent increase.<\/p>\n
Since the announcement, the price of SAND has peaked at $1.17 before declining. In comparison, its 24-hour minimum price was $0.95. Investors in SAND will hope that the positive news will cause the price to rise over $1.30, which will signal to the larger market that SAND is on a bullish run that may be sustainable.<\/p>\n
Suggested Reading |\u00a0Ethereum Gains 10% In 24 Hours \u2013 Is ETH Set To Rally Further?<\/a><\/em><\/strong><\/p>\n
At the time of writing, significant accumulation of the SAND token was occurring, as the Money Flow Index (MFI) was at 74.47. The position of these key indications suggest\u00a0considerable purchasing pressure within the previous 24\u00a0hours.<\/p>\n
Several crypto assets contributed to a 5 percent increase in the capitalization of the global cryptocurrency market over the past 24 hours. SAND was among the major assets to have a price increase during this timeframe.<\/p>\n
Featured image from DataDrivenInvestor, chart from TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Sandbox (SAND) was one of the most active cryptocurrencies on Thursday, with values increasing by as much as 14\u00a0percent. After reaching a low of $1.13\u00a0on Wednesday, the\u00a0SAND\/USD pair\u00a0reached a session high of $1.28 earlier today. The token reached its highest level since June 25 and drew closer to a crucial resistance level as a result. During the same timeframe, the market capitalization of the token increased by 15\u00a0percent. It was valued at $1.58 billion as of press time, according to data from Coingecko. Suggested Reading | ATOM Rises To Multi-Week High, Daily RSI Shows Bullish Pattern Major Indicators Showing Positive Values According to Santiment statistics, SAND’s major indicators improved over the past day, with the exchange flow balance exhibiting\u00a0a positive value of $1,411,000. In the previous 24\u00a0hours, significantly more SAND tokens were supplied to exchanges than were withdrawn. In such circumstances, a further price increase is anticipated. Based on the chart, this resistance is located at $1.35 and has not been breached since late May, when prices were trading near $1.50. To not only reach this ceiling, but perhaps surpass it, the 14-day relative strength index would need to surpass its own barrier. As of Thursday at midday, the SAND RSI is tracking at 57.50, which is just below the level of resistance at 58. Crypto total market cap at $901 billion on the daily chart | Source: TradingView.com Coinbase Merge Pushes SAND Price Up This week’s news that The Sandbox has successfully merged with Coinbase Wallet and enabled LAND deployment on Polygon has provided a much-needed push to the price of metaverse currencies, causing a 20 percent increase. Since the announcement, the price of SAND has peaked at $1.17 before declining. In comparison, its 24-hour minimum price was $0.95. Investors in SAND will hope that the positive news will cause the price to rise over $1.30, which will signal to the larger market that SAND is on a bullish run that may be sustainable. Suggested Reading |\u00a0Ethereum Gains 10% In 24 Hours \u2013 Is ETH Set To Rally Further? At the time of writing, significant accumulation of the SAND token was occurring, as the Money Flow Index (MFI) was at 74.47. The position of these key indications suggest\u00a0considerable purchasing pressure within the previous 24\u00a0hours. Several crypto assets contributed to a 5 percent increase in the capitalization of the global cryptocurrency market over the past 24 hours. SAND was among the major assets to have a price increase during this timeframe. Featured image from DataDrivenInvestor, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":495082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,10610,85285,86247],"class_list":["post-495081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-metaverse","tag-sand","tag-sandbox"],"acf":[],"yoast_head":"\nSandbox (SAND) Having A Blast With 12% Spike In 24 Hours<\/title>\n<meta name=\"description\" content=\"Sandbox (SAND) was one of the most active cryptocurrencies on Thursday, with values increasing by as much as 14\u00a0percent. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Sandbox (SAND) Having A Blast With 12% Spike In 24 Hours","url":"http:\/\/wncen.com\/news\/sandbox-sand-rise-12\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/sandbox-sand-rise-12\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Sandbox.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Sandbox.png?fit=691%2C387"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","metaverse","sand","sandbox"],"dateCreated":"2022-07-07T10:26:06Z","datePublished":"2022-07-07T10:26:06Z","dateModified":"2022-07-07T10:26:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Sandbox (SAND) Having A Blast With 12% Spike In 24 Hours\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/sandbox-sand-rise-12\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/sandbox-sand-rise-12\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Sandbox.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Sandbox.png?fit=691%2C387\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"metaverse\",\"sand\",\"sandbox\"],\"dateCreated\":\"2022-07-07T10:26:06Z\",\"datePublished\":\"2022-07-07T10:26:06Z\",\"dateModified\":\"2022-07-07T10:26:06Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Sandbox.png?fit=691%2C387","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/495081"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=495081"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/495081\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/495082"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=495081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=495081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=495081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}