Why is the Sandbox (SAND) Price Rallying?
Why is the Sandbox (SAND) Price Rallying?

Why is the Sandbox (SAND) Price Rallying?

Forbes has recently made a notable purchase of land within The Sandbox metaverse, indicating an increasing mainstream fascination with virtual worlds

Forbes has recently made a notable purchase of land within The Sandbox metaverse, indicating an increasing mainstream fascination with virtual worlds

The acquired virtual land by Forbes is envisioned to function as a central community hub, fostering collaboration, interaction, and brand showcasing among visitors

In response to this development, the value of SAND has seen a daily increase of 2.5% and a weekly surge of 12%

Analysis of technical indicators suggests the potential for further growth, particularly if the resistance level at $0.5235 is surpassed

Potential price objectives for SAND include reaching $0.68, which represents the previous local high, and $0.95, marking the resistance level from February 2023

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