Sandbox Price Predictions: Where Will Coinbase Listing Take the SAND Crypto?

Today, Coinbase (NASDAQ:COIN) announced that The Sandbox (SAND-USD) token will be supported on its platform
The Sandbox is a key player in the blockchain-based metaverse space
Interest in Sandbox price predictions has grown today as the token surges 7%

Source: Ira Lichi / Shutterstock.com

Investors in the crypto world know how important a Coinbase listing is to any token. For investors in The Sandbox, this is certainly proving to be the case. Today, the more than 7% surge in SAND is now leading many investors to seek out Sandbox price predictions.

After being listed on Coinbase, many cryptos tend to experience months of positive price action. However, the precedent for this trend comes from the previous bull market. Accordingly, investors should take the “Coinbase effect” with a grain of salt these days.

That said, in this market, any catalyst is a good catalyst. So, today’s announcement that Coinbase will support transfers and trading of SAND is certainly providing interest in the metaverse crypto.

Let’s dive into where the experts see SAND headed from here.

Sandbox Price Predictions

For context, SAND trades at $1.36 per token at the time of writing.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

Article printed from InvestorPlace Media, https://investorplace.com/2022/05/sandbox-price-predictions-where-will-coinbase-listing-take-the-sand-crypto/.