The Sandbox (SAND) Market Capitalization Tops $633.09 Million

The Sandbox (SAND) traded down 4.5% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on April 3rd. During the last week, The Sandbox has traded 17.2% lower against the U.S. dollar. The Sandbox has a market cap of $633.09 million and $82.61 million worth of The Sandbox was traded on exchanges in the last day. One The Sandbox token can now be bought for approximately $0.26 or 0.00000309 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 2.4% against the dollar and now trades at $82,519.63 or 0.99957721 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.2% against the dollar and now trades at $82,408.57 or 0.99823189 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

The Sandbox Profile

The Sandbox was first traded on October 29th, 2019. The Sandbox’s total supply is 3,000,000,000 tokens and its circulating supply is 2,481,357,126 tokens. The official message board for The Sandbox is medium.com/sandbox-game. The Sandbox’s official Twitter account is @thesandboxgame and its Facebook page is accessible here. The official website for The Sandbox 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.”

Buying and Selling The Sandbox

It is usually not currently possible to buy alternative cryptocurrencies such as The Sandbox directly using US dollars. Investors seeking to trade The Sandbox should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy The Sandbox using one of the exchanges listed above.

SAND/USD price chart by TradingView