๐ฎ Is The Sandbox secretly preparing for its next big breakout?
Letโs dive in with @EdgenTech to uncover on-chain insights ๐ and market predictions for $SAND this month! ๐
๐ Quick Overview:
๐ฐ Current Price: $0.2118
๐ Market Cap: ~$556M
๐น 24h Volume: $47M
๐ Circulating Supply: 2.61B / 3B
๐ง Key Highlights:
The Sandbox is launching SANDchain, a Layer-2 network using $SAND as gas token โก
$SAND recently got listed on Bullish Exchange (Hong Kong) ๐ญ๐ฐ โ expanding liquidity and Asian market reach
No major token unlocks in November โ lower supply pressure ๐
๐ On-chain & Market Signals:
๐น No significant outflow to exchanges โ whales arenโt selling yet
๐น Wallet activity steady โ long-term holders accumulating
๐น If SANDchain testnet launches on schedule โ demand could increase sharply
๐ฏ Price Forecast for November:
๐ Bullish Scenario: Target $0.28 โ $0.35 ๐ If SANDchain testnet launches successfully and capital flows return to Metaverse plays.
โ๏ธ Sideways Scenario: Range $0.18 โ $0.24 ๐ If overall market remains weak or news gets delayed.
๐ Most likely range: $0.22 โ $0.30, leaning slightly bullish if positive catalysts emerge ๐ช
๐ Key Metrics to Watch:
๐งพ SANDchain testnet launch status
๐ Whale inflows/outflows
๐ Trading volume & staking ratio trends
๐ก @EdgenTech Insight:
$SAND is sitting in an accumulation zone โ a potential springboard for the next Metaverse narrative ๐๐ฅ
๐ Strategy:
โก๏ธ Short-term traders: Consider entries near $0.20, taking profits around $0.30
โก๏ธ Long-term holders: Focus on SANDchain development โ the real growth catalyst ahead
๐
The market awaits SANDโs awakening...
Will it rise from the sand dunes or stay buried for another month? ๐๏ธ๐
๐ฏ Disclaimer: Not financial advice. Do your own research (DYOR) and assess your risk tolerance carefully.
#TheSandbox #SAND #Metaverse #EdgenTech #OnChainData #CryptoAnalysis #GameFi
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