The Sandbox (SAND) Price Prediction 2023/2025/2030

SAND, the native token of The Sandbox ecosystem, is up 95.48% over the past month, as of January 2023. It seems the market-wide crypto rally has come as a harbinger of hope for SAND, or maybe the entire metaverse segment, for that matter. And the meteoric rise means that a SAND price prediction is in order. Is this an indication of a future stratospheric price for SAND? We investigate using technical analysis, fundamentals, and even on-chain metrics.

The role of fundamental analysis and the Sandbox price forecast

What is The Sandbox? The ecosystem presents as a gaming platform with decentralization at its core. But that’s not where the feature list ends. The in-game assets relevant to this gaming platform can also be traded and monetized. This functionality helps content creators to build new products on The Sandbox ecosystem — which is open for monetization and trading. 

The Sandbox allows users to trade in LAND — NFT-like real estate with ERC-721 as the token standard and other digital collectibles. The Sandbox will likely tick your boxes if you are into user-generated content, especially in the digital realm.

Here are some additional insights to learn more about The Sandbox fundamentally:

1. SAND, the utility token, is meant for facilitating in-ecosystem transactions.
2. The Sandbox thrives by combining the functionality of NFTs and DAOs (Decentralized Autonomous Organizations).
3. This Ethereum-based play-to-earn model is directly correlated to the performance of other web3 gaming projects. 

On top of that, The Sandbox has an elite lineup of organizational investors, including Coinbase Venture and Binance Labs.

SAND price prediction and tokenomics

An ERC-20 token, SAND comes with a slew of use cases. These include earning, trading, governance, playing, and standard trading. Coming to the token economics model, there is a capped supply of 3 billion tokens. At present, 50% of the total supply makes the circulating supply. 

Coming to the distribution, the team members and founders, including Sebastien Borget and Arthur Madrid, manage 31% of the total supply. Also, per the initial supply model, where 560 million SAND tokens were opened, 21.18% went to retail investors.

The only issue here is that the top 100 SAND holders manage 93.32% of the circulating supply, which is quite a lot. 

The Sandbox price forecast and other key metrics

As a metaverse token, the price move of SAND relies a lot on social chatter. The below chart shows the number of social mentions surged by almost 31% over the past month. The price of SAND tokens responded positively, up by 103.33% at press time.

As an investor, the next chart doesn’t look all that optimistic. The 4-week volatility is on its way up, and so are the prices. And the historical data reveals that every time the volatility has peaked, the prices of SAND have corrected. 

The number of active addresses since July has been steady, barring a peak in late November. However, the peak saw the prices go down, showing that a surge in prices might also mean increased selling pressure. 

Therefore, if you look for a dip in the number of active addresses for SAND, you might be able to gauge a small upward move. 

SAND price prediction and technical analysis 

To kick off the technical analysis, here is a weekly chart for your reference:

A clear pattern emerges, with the peak acting as a mirror with two symmetrical sides. Notice how the price of SAND tokens started trading in a range, making a series of two higher highs on their way to the peak. 

Things change from the peak. SAND starts making lower highs, four of them, to finally move toward pattern completion. Let us mark all the relevant points that might help us with the calculations.

Notice that if another high comes to fruition post-A1, we can mark it as A2. That might even start a new pattern, similar to the left side of the chart, rife with higher highs — marking an uptrend. 

Our next task is to locate the next high after M1. That could be the new A or A2 and mark the beginning of a strong trend for SAND tokens.

Price changes

As we expect a new pattern to surface after the price of SAND moves from M1 to A2 (not marked yet), we will need data for it. We can locate the price changes for two paths: M to C and M1 to C, to find the values to work with.

Let us find the distance and price changes between the lows and the highs:

Let us locate the low-to-high and high-to-low averages to further our findings. Using the columns with negative values gives us the high-to-low average. It comes out as 50.83% and 39 days. Using the columns with non-negative values gives us the low-to-high average. It comes out as 215.05% and 81 days. Notice that we didn’t take the exceedingly high positive values like 9106.15% from table 1 as in the current scenario; we do not expect those levels to hold. 

The Sandbox (SAND) price prediction 2023

Outlook: Moderately bullish

From the last low — the M1 — we can expect SAND tokens to chart the path till A2. And the level here can be the average price hike of 215.05%. The timing, depending on the market conditions, can vary. The maximum timeframe for the price of SAND to reach the next high is 224 days, using table 1. 

This level surfaces at $1.1850, somewhere in August 2023. The next low from this high or A2 could also follow the average high-to-low move of 50.83% over the next 39 days — per data from the above segment. 

This level surfaces at $0.5867, which can be considered the minimum price of SAND in 2023. To reiterate, The Sandbox price prediction for 2023 comprises the projected high and low of $1.1850 and $0.5867, respectively.

Projected ROI from the current level: 50.45%

The Sandbox (SAND) price prediction 2025

Outlook: Bullish

Now that we have the high and low price of SAND for 2023, we can use the low and chart the next possible high for 2024. The level, using the average of 215.05%, surfaces at $1.839. This can be the maximum price of SAND in 2024, as per standard market conditions.

The low in 2024 can take more than the average of 39 days to surface, as by mid-2024, we expect SAND to show some more bullishness than at the current levels. The max drop distance can therefore be 91 days, from table 1.

Therefore, the low in 2024 surfaces at $0.9049. Notice that this level coincides with SAND’s strong support at $0.9075 — showing our calculations hold weight. Using the projected 2024 low and extrapolating the path by 215.05%, we can locate the next high or the maximum price of SAND in 2025. This figure might surface at $2.87.  

We can mark this level as C2, which shows that we might have reached the peak of the next pattern. 

Projected ROI from the current level: 266.11%

The Sandbox (SAND) price prediction 2030

Outlook: Bullish

At C2, we expect SAND to peak for the existing pattern. Also, if historical data is to be believed, there might be a few lower high formations post the 2025 peak. The drop in 2025 can still follow the average dip of 50.83%. This way, the low in 2025 can surface at $1.41.

From this level, we can expect the price of SAND to follow the minimum price hike of 85.39% — from table 2 — as opposed to 215.05%. This would place the next level or D1 at $2.6169 as the 2026 high. 

The 2026 low could surface at $1.280, using the average dip. Also, notice that the 2026 high is close to an important resistance level of $2.65. And blockchain gaming and metaverse adoption might trigger a mid-pattern uptrend for 2026 from the lows of 2026. 

Therefore, by 2027 we can again expect SAND to move up as per the average hike of 215.05%. This puts the 2027 high at $4.06 — slightly shy of $4.13 — another crucial resistance level.

With the 2026 low and 2027 high, we can draw the Fib levels, extrapolating the path of SAND till 2030. While the path to 2030 might be a bit far-reaching, the same growth trajectory places the price of SAND at close to $19.98 by 2030. 

Projected ROI from the current level: 2451%

The Sandbox (SAND’s) long-term price prediction (up to 2035)

Outlook: Bullish

Now that we have the Sandbox price prediction till 2030, here is a table to help you trace the price of SAND till 2035.

Is the SAND price prediction model accurate?

With user-generated contact and in-game assets growing in popularity, we expect metaverse tokens like SAND to remain in focus for at least the next few years. This SAND price prediction model captures that sentiment using a balance of fundamentals and technicals to project the future price of SAND. Moreover, our technical analysis is thorough and data-backed. This makes this long-term Sandbox price projection both realistic and attainable. 

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