• The Sandbox price has surged 10% to $0.72, showing that the metaverse is not dead.
• The bullish outlook in the price is due to the upcoming release of Game Maker 0.8.
• The new version will bring new multiplayer gameplay, lighting and visual effects, video and audio streaming, and equipment and wearables in social hubs.
The crypto market has seen a surge in activity as investors look for new opportunities to benefit from the bullish wave occurring in the industry. Among the major players currently on the rise is The Sandbox, a metaverse and gaming platform that has seen its SAND token increase by a whopping 50.5% over the past 30 days. This surge has seen the token climb from a low of $0.43 to its current price of $0.72, signaling a massive 91.8% correction from its all-time high of $8.40.
The Sandbox is looking to capitalize on this surge in price to remain competitive in the metaverse and play-to-earn (P2E) arena. The platform is preparing to launch version 0.8 of its Game Maker, which will bring new features such as multiplayer gameplay, lighting and visual effects, video and audio streaming, and equipment and wearables in social hubs. This will give players the chance to compete with each other, survive together, and interact in brand new ways. From multiplayer races to parkour and obstacle courses, creators will have a chance to offer action-packed experiences to their players.
The Sandbox is also looking to make the metaverse more immersive with the inclusion of new lighting and visual effects. This will make the platform more appealing to users and help it stand out from the competition. Additionally, the platform is aiming to make the play-to-earn (P2E) model more accessible to players by introducing its own SAND token. This token will give users the ability to earn rewards for playing games and engaging with other players in the metaverse.
The Sandbox is looking to make its platform more attractive for both players and creators. With its upcoming updates and the introduction of its own SAND token, the platform is showing that the metaverse is far from dead and still has plenty of potential for growth. With the bullish wave in the market, the platform could potentially reach a price of $1.50 in the near future. However, bulls must first clear resistance at $0.75 before that can be achieved.
