The Sandbox is a virtual world built on the Ethereum blockchain, where players can build, own, and monetize their gaming experiences. The SAND token is an ERC-20 utility token that is used for value transfers as well as staking and governance. Key metrics (as of August 5th 2020) Ticker SAND Circulating Supply 705,000,000 SAND (23.50%) Total Token Supply 3,000,000,000 SAND
With the growth of NFT's and the gaming community over the past few years it only makes sense in my mind to invest in virtual real estate in a few of these ecosystems. Here is my current analysis on SAND and the current position I am taking as of July 6th 2021
Position: Long Open price: $.30313 Stoploss: .26351 Target 1: $.35785 (Risk/reward ratio of 1.38
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