Crypto expert Ali Martinez tweeted recently that he was positive on The Sandbox (SAND) and that a break over $0.55 presented a bullish chance. Ali Martinez emphasised that SAND has the ability to rise even higher and that there is a clear way forward with little to no opposition.
Furthermore, the well-known expert said that the next significant resistance barrier is located between $0.90 and $1.35, and that at this time, 23,000 addresses possessed a total of 447 million SAND.
https://x.com/ali_charts/status/1739274488967991638?s=20
The price of SAND as of the most recent data is $0.6077, indicating a remarkable increase of 11.30% over the previous day. SAND’s trading volume has also increased significantly, growing by 205.72% to $411,451,794 over the same time period.
Investors and experts are taking notice of this noteworthy increase in The Sandbox’s value; analyst Ali is projecting a possible breakthrough over $1.35. This research emphasises SAND’s promising future and its obvious growth trend.
Exciting developments for The Sandbox
Positive feeling surrounding The Sandbox was further enhanced on December 23 by a major statement made by the platform. The Sandbox declared in a statement that it will be launching a new GMF model and exclusive prizes for the Engagement Pool at the beginning of 2024.
This comes after the announcement made by The Sandbox on November 3 during the Global Creators Day celebration in Hong Kong that 100,000,000 SAND will be given to all creators. The Game Maker Fund (GMF) will be used to disperse this kind donation.
To encourage creators even more, The Sandbox is launching a Kick-off Builders Challenge. In the near future, a special SAND pool will open up for creators whose works are most compellingly published in The Sandbox. The Engagement Pool, the initial phase of the 2024 GMF model, has begun with this.
In the coming year, The Sandbox intends to establish a strong connection between the GMF and the Sandbox DAO (decentralised autonomous organisation). With this calculated action, the platform’s governance system will be improved, and creators will receive greater recognition and rewards for their work.
As a result of these advancements, The Sandbox is becoming more and more valuable and has become a hub for enthusiasts and investors alike. The Sandbox is positioned as a prominent participant in the cryptocurrency space by virtue of its user-centric activities and dedication to innovation.
