{"id":494151,"date":"2022-06-26T11:56:19","date_gmt":"2022-06-26T11:56:19","guid":{"rendered":"https:\/\/wncen.com\/?p=494151"},"modified":"2022-06-26T11:56:19","modified_gmt":"2022-06-26T11:56:19","slug":"sandbox-sand-blows-up-20","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/metaverse\/sandbox-sand-blows-up-20\/","title":{"rendered":"Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors"},"content":{"rendered":"

Sandbox has become one of the most important Metaverse cryptocurrencies to keep an eye on this year.<\/p>\n

Sandbox (SAND) is currently selling at $1.31, an increase of 20% based on data from CoinMarketCap.<\/p>\n

The rally occurs just days after Microsoft and Meta, among other technology giants, announced the founding of the so-called “Metaverse Standards Forum.”<\/p>\n

Other facets of virtual reality are also being researched, as the Sandbox environment has expanded into much more than a gaming platform.<\/p>\n

Suggested Reading | Storj (STORJ) \u2013 A Relatively Unheard Crypto \u2013 Leads Gainers With 30% Rally<\/a><\/em><\/strong><\/p>\n

Sandbox (SAND) Lights Up 7 Straight Green Candles<\/h2>\n

As shown on the SAND chart, the daily time frame chart obtained seven consecutive green candles.<\/p>\n

Near the $1.11 mark, the SAND price confronts severe supply pressure, with intraday trading volume reaching $386 million, suggesting a 3.22 percent decline.<\/p>\n

\"\"<\/p>\n

Source: <\/span>Tradingview<\/span><\/pre>\n
Friday night’s bulls blasted over the 10-day horizontal boundary, propelling the price of SAND cryptocurrency well above the bearish’ critical hedging level of $0.90.<\/p>\n
The recent bottom of the SAND token, on the other hand, has served as a significant support level for the bulls.<\/p>\n
The Sandbox is an Ethereum-based game in which players can purchase parcels of virtual land. Occasionally, the value of these virtual properties may reach millions of dollars, and everyone could profit greatly if the metaverse becomes as successful as many anticipate.<\/p>\n
The ‘Metaverse Standards Forum’<\/h2>\n
Meanwhile, the Sandbox could be on the crosshair of an established tech company planning a takeover, based on rumors circulating on social media.<\/p>\n
The declared objective of the Metaverse Standards Forum, which was unveiled on Wednesday and is comprised of Sony and Alibaba, is to foster coordination and cooperation among the hundreds of enterprises competing for position on the enormous metaverse landscape.<\/p>\n
Suggested Reading |\u00a0Top 5 Cryptos Taking A Major Beating In The Ongoing Market Mayhem<\/a><\/em><\/strong><\/p>\n
Reuters quotes Nvidia executive Neil Trevett, who is chairing the MSF, as saying any company, including those in the crypto industry, can join the group.<\/p>\n
A property in Sandbox was recently acquired by HSBC, one of the world’s top banks. HSBC’s interest in Sandbox metaverse lands indicatesthat they appreciate its significance.<\/p>\n
<\/p>\n
SAND total market cap at $1.76 billion on the weekend chart | Source: TradingView.com<\/a><\/pre>\n
Meta Eyeing Sandbox Buyout?<\/h2>\n
On Sunday, The Sandbox co-founder and COO Sebastien Borget replied to Messari on Twitter if Meta purchasing a virtual world like The Sandbox Game makes him “bullish.”<\/p>\n
Borget’s response was brief and unequivocal:<\/p>\n
\n
“This will never happen.”<\/h4>\n<\/blockquote>\n
Many Web3 community members remain dubious. Animoca Brands’ founder and executive chairman, Yat Siu, has previously referred to Meta’s goals as “digital colonialism.”<\/p>\n
Animoca Brands is a $5 billion software and venture capital firm responsible for a variety of metaverse projects, including The Sandbox.<\/p>\n
Danny Greene, general manager of the Meebits DAO, stated to a crypto news outlet that customers will ultimately battle for a decentralized future and that “these are companies that represent shareholders.”<\/p>\n
Featured image from Smart Valor, chart from TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Sandbox has become one of the most important Metaverse cryptocurrencies to keep an eye on this year. Sandbox (SAND) is currently selling at $1.31, an increase of 20% based on data from CoinMarketCap. The rally occurs just days after Microsoft and Meta, among other technology giants, announced the founding of the so-called “Metaverse Standards Forum.” Other facets of virtual reality are also being researched, as the Sandbox environment has expanded into much more than a gaming platform. Suggested Reading | Storj (STORJ) \u2013 A Relatively Unheard Crypto \u2013 Leads Gainers With 30% Rally Sandbox (SAND) Lights Up 7 Straight Green Candles As shown on the SAND chart, the daily time frame chart obtained seven consecutive green candles. Near the $1.11 mark, the SAND price confronts severe supply pressure, with intraday trading volume reaching $386 million, suggesting a 3.22 percent decline. Source: Tradingview Friday night’s bulls blasted over the 10-day horizontal boundary, propelling the price of SAND cryptocurrency well above the bearish’ critical hedging level of $0.90. The recent bottom of the SAND token, on the other hand, has served as a significant support level for the bulls. The Sandbox is an Ethereum-based game in which players can purchase parcels of virtual land. Occasionally, the value of these virtual properties may reach millions of dollars, and everyone could profit greatly if the metaverse becomes as successful as many anticipate. The ‘Metaverse Standards Forum’ Meanwhile, the Sandbox could be on the crosshair of an established tech company planning a takeover, based on rumors circulating on social media. The declared objective of the Metaverse Standards Forum, which was unveiled on Wednesday and is comprised of Sony and Alibaba, is to foster coordination and cooperation among the hundreds of enterprises competing for position on the enormous metaverse landscape. Suggested Reading |\u00a0Top 5 Cryptos Taking A Major Beating In The Ongoing Market Mayhem Reuters quotes Nvidia executive Neil Trevett, who is chairing the MSF, as saying any company, including those in the crypto industry, can join the group. A property in Sandbox was recently acquired by HSBC, one of the world’s top banks. HSBC’s interest in Sandbox metaverse lands indicatesthat they appreciate its significance. SAND total market cap at $1.76 billion on the weekend chart | Source: TradingView.com Meta Eyeing Sandbox Buyout? On Sunday, The Sandbox co-founder and COO Sebastien Borget replied to Messari on Twitter if Meta purchasing a virtual world like The Sandbox Game makes him “bullish.” Borget’s response was brief and unequivocal: “This will never happen.” Many Web3 community members remain dubious. Animoca Brands’ founder and executive chairman, Yat Siu, has previously referred to Meta’s goals as “digital colonialism.” Animoca Brands is a $5 billion software and venture capital firm responsible for a variety of metaverse projects, including The Sandbox. Danny Greene, general manager of the Meebits DAO, stated to a crypto news outlet that customers will ultimately battle for a decentralized future and that “these are companies that represent shareholders.” Featured image from Smart Valor, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":494152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85602,83565],"tags":[84822,10610,85285,86247],"class_list":["post-494151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","category-nft","tag-meta","tag-metaverse","tag-sand","tag-sandbox"],"acf":[],"yoast_head":"\nSandbox (SAND) Blows Up 20% Over Last 24 Hours Following 'Takeover' Rumors<\/title>\n<meta name=\"description\" content=\"Sandbox has become one of the most important Metaverse cryptocurrencies to keep an eye on this year. 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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) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors","url":"http:\/\/wncen.com\/news\/metaverse\/sandbox-sand-blows-up-20\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/metaverse\/sandbox-sand-blows-up-20\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/06\/Sandbox.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/06\/Sandbox.jpg?fit=1999%2C1333"},"articleSection":"metaverse","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":["meta","metaverse","sand","sandbox"],"dateCreated":"2022-06-26T11:56:19Z","datePublished":"2022-06-26T11:56:19Z","dateModified":"2022-06-26T11:56:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/metaverse\\\/sandbox-sand-blows-up-20\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/metaverse\\\/sandbox-sand-blows-up-20\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Sandbox.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Sandbox.jpg?fit=1999%2C1333\"},\"articleSection\":\"metaverse\",\"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\":[\"meta\",\"metaverse\",\"sand\",\"sandbox\"],\"dateCreated\":\"2022-06-26T11:56:19Z\",\"datePublished\":\"2022-06-26T11:56:19Z\",\"dateModified\":\"2022-06-26T11:56:19Z\"}<\/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\/06\/Sandbox.jpg?fit=1999%2C1333","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/494151"}],"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=494151"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/494151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/494152"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=494151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=494151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=494151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}