The Sandbox (SAND) Reaches Market Cap of $824.59 Million

The Sandbox (SAND) traded down 4.8% against the dollar during the twenty-four hour period ending at 0:00 AM ET on November 24th. The Sandbox has a total market cap of $824.59 million and $119.98 million worth of The Sandbox was traded on exchanges in the last 24 hours. One The Sandbox token can now be bought for $0.55 or 0.00003349 BTC on major cryptocurrency exchanges. During the last week, The Sandbox has traded down 6.1% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 12.6% lower against the dollar and now trades at $0.37 or 0.00002242 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 5.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 5.3% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded 1.6% higher against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded 15.4% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 1.6% against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

The Sandbox Token Profile

The Sandbox’s genesis date was October 29th, 2019. The Sandbox’s total supply is 3,000,000,000 tokens and its circulating supply is 1,499,470,108 tokens. The Sandbox’s official Twitter account is @thesandboxgame and its Facebook page is accessible here. The official message board for The Sandbox is medium.com/sandbox-game. 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.┬áSAND 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.”

The Sandbox Token Trading

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

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