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The Sandbox ($SAND) Crypto Forecast: Down 6.3% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is The Sandbox?

The Sandbox (SAND) is a cryptocurrency token linked to a virtual world enabling players to create, own, and monetize gaming experiences. SAND's market performance fluctuates, influenced by broader cryptocurrency trends and gaming token factors.

Why is The Sandbox going down?

SAND crypto is down 6.3% on Jan 23, 2026 7:50

  • Despite a general bullish trend in cryptocurrencies, SAND saw a bearish movement, likely due to investors taking profits following a recent price increase.
  • Reports on whale accumulation and heightened Open Interest initially boosted SAND's price. However, with the market becoming overbought, some investors opted to sell, leading to the bearish movement.
  • Strong performances of other gaming tokens like Axie Infinity and LayerZero possibly redirected attention and capital from SAND, adding to the downward pressure.
  • Today's bearish trend in SAND could be a natural correction after a significant price surge, emphasizing the need to track market trends and token-specific news for informed trading choices.

SAND Price Chart

SAND Technical Analysis

SAND News

Top Crypto Gainers: LayerZero, Axie Infinity, and Sandbox extend the bull run

LayerZero (ZRO), Axie Infinity (AXS), and Sandbox (SAND) extend gains on Friday, outrunning the broader cryptocurrency market over the last 24 hours. The renewed demand for gaming tokens and the sustained recovery in ZRO signal an upside bias.

https://www.fxstreet.com/cryptocurrencies/news/top-crypto-gainers-layerzero-axie-infinity-and-sandbox-extend-the-bull-run-202601230348

0 News Article Image Top Crypto Gainers: LayerZero, Axie Infinity, and Sandbox extend the bull run

The Sandbox Price Forecast: SAND extends gains, as whale accumulation accelerates

The Sandbox (SAND) price rose more than 7%, trading above $0.147 on Wednesday after finding support at the key level the previous day. The bullish price action is further supported by whale accumulation and rising Open Interest (OI).

https://www.fxstreet.com/cryptocurrencies/news/the-sandbox-price-forecast-sand-extends-gains-as-whale-accumulation-accelerates-202601210610

1 News Article Image The Sandbox Price Forecast: SAND extends gains, as whale accumulation accelerates

The Sandbox Price History

16.02.2025 - SAND Crypto was down 5.3%

  • Despite the bearish market movement, on-chain data shows that holders of SAND are continuing to accumulate the token, indicating a strong belief in the project's long-term potential.
  • The increased buying activity around lower price levels suggests that investors view dips as buying opportunities rather than signals of further decline, reflecting confidence in SAND's value.
  • The overall sentiment indicates that while the Metaverse hype may have waned, the accumulation of major Metaverse tokens like SAND suggests that investors see them as undervalued assets with potential for future growth.
  • The steady accumulation of SAND amidst the bearish market could be a strategic move by investors positioning themselves for a potential resurgence in the Metaverse sector, showcasing a long-term bet on the project's fundamentals.

30.04.2025 - SAND Crypto was down 5.1%

  • A $5.7M whale dump of SAND tokens has put significant selling pressure on the asset, leading to a bearish movement in its price.
  • The transfer of 36.9M SAND tokens by Hashed to Binance has raised concerns about further downward price risk for the altcoin.
  • The combination of these large transactions has created a bearish sentiment in the SAND market, with investors worried about potential future troubles and price volatility.
  • The influx of tokens into exchanges and significant sell-offs indicate a period of uncertainty and potential downside for SAND as traders brace for more challenges ahead.

28.02.2025 - SAND Crypto was down 9.2%

  • The addition of popular franchises like Atari, Terminator, and Jurassic World to The Sandbox's Alpha Season 5 could have generated significant excitement and interest in the platform.
  • However, despite the positive developments, the bearish movement in SAND may be attributed to profit-taking by investors who had previously bought the token in anticipation of such developments.
  • The market sentiment might have been influenced by broader factors impacting the cryptocurrency market as a whole, leading to a downturn in SAND's price despite the positive developments within The Sandbox ecosystem.

21.00.2026 - SAND Crypto was up 5.1%

  • SAND rose over 7% and traded above $0.147 in a strong bullish movement.
  • Large investors accumulating SAND contributed to this bullish price action.
  • Growing Open Interest (OI) indicates increasing market interest and potential for further price appreciation.
  • Overall, heightened market optimism towards SAND, driven by whale accumulation and rising Open Interest, led to its significant bullish movement of the day.

28.01.2025 - SAND Crypto was down 8.4%

  • The bearish movement in SAND today could be attributed to profit-taking by investors who had previously seen significant gains in the token.
  • The lack of specific news or updates about SAND may have contributed to a lack of positive sentiment and buying interest in the token.
  • It's possible that investors are diversifying their portfolios based on the potential gains highlighted, leading them to sell off SAND in favor of other cryptocurrencies with perceived higher growth potential.
  • Overall, the bearish movement in SAND may be a short-term market correction influenced by profit motives and shifting investor preferences rather than any fundamental issues with the token itself.

18.01.2025 - SAND Crypto was down 5.1%

  • The bearish movement in SAND could be attributed to profit-taking by traders after a recent price surge or a broader market correction in the cryptocurrency sector.
  • The introduction of major enhancements for creators and brands in The Sandbox may have generated positive sentiment, but it seems that external market factors overshadowed this news for SAND specifically.
  • The high volatility in other cryptocurrencies like BERA, SEI, and AVAX might have contributed to a risk-off sentiment in the overall market, leading to a sell-off in SAND as well.
  • Investors in SAND may be closely monitoring Bitcoin's price action and awaiting signals from the Federal Reserve post-CPI data, which could be influencing their trading decisions.

13.01.2025 - SAND Crypto was up 5.1%

  • The bullish movement of SAND today can be attributed to the major enhancements introduced for creators and brands to build in the metaverse. This development likely sparked excitement and optimism among investors, leading to increased buying pressure on the token.
  • The focus on enhancing the platform for creators and brands indicates a commitment to growth and innovation within The Sandbox ecosystem, which could attract more users and investors to the project.
  • The high volatility in other cryptocurrencies may have also contributed to the bullish movement of SAND, as investors seeking opportunities in a volatile market may have turned to assets like SAND with positive developments and potential for growth.
  • Overall, the combination of positive developments within The Sandbox platform and the broader bullish sentiment in the cryptocurrency market likely fueled the strong upward movement of SAND today.

23.00.2026 - SAND Crypto was down 6.3%

  • Despite a general bullish trend in cryptocurrencies, SAND saw a bearish movement, likely due to investors taking profits following a recent price increase.
  • Reports on whale accumulation and heightened Open Interest initially boosted SAND's price. However, with the market becoming overbought, some investors opted to sell, leading to the bearish movement.
  • Strong performances of other gaming tokens like Axie Infinity and LayerZero possibly redirected attention and capital from SAND, adding to the downward pressure.
  • Today's bearish trend in SAND could be a natural correction after a significant price surge, emphasizing the need to track market trends and token-specific news for informed trading choices.

14.01.2025 - SAND Crypto was up 5.1%

  • The bullish movement of SAND could be attributed to the major enhancements introduced for creators and brands to build in the metaverse, increasing interest and adoption of the platform.
  • As the cryptocurrency market awaits signals from the Federal Reserve post-CPI data, positive developments within specific tokens like SAND can attract investors looking for growth opportunities.
  • The potential high volatility in other cryptocurrencies might be driving investors towards SAND as a more stable and promising investment option.
  • The recommendation to sell certain altcoins to prevent long-term losses could be pushing traders to reallocate their funds into assets like SAND, contributing to its bullish movement.

12.01.2025 - SAND Crypto was down 5.2%

  • SAND likely experienced a bearish movement due to the overall high volatility in the cryptocurrency market.
  • The anticipation of token unlocks in the second week of February might have also contributed to the selling pressure on SAND.
  • Traders might have been influenced by recommendations to sell certain altcoins to prevent long-term losses, leading to a sell-off in SAND as well.
  • The market sentiment towards riskier assets like SAND could have shifted, prompting investors to move their funds to more stable investments, causing the bearish movement in the token.

13.04.2025 - SAND Crypto was up 5.6%

  • The bullish movement in SAND today could be attributed to a prominent blockchain investment fund depositing a significant amount of SAND tokens to Binance. This influx of tokens to a major exchange like Binance may have sparked increased interest and buying activity among traders and investors.
  • Positive price predictions surrounding SAND following the token deposit also likely contributed to the positive sentiment and buying pressure on the token. Positive price predictions can attract more traders looking to capitalize on potential price increases, further driving up the demand for SAND.
  • Overall, the combination of a major token deposit to a leading exchange and optimistic price forecasts may have created a bullish frenzy around SAND, leading to its strong upward movement today.

11.02.2025 - SAND Crypto was down 8.8%

  • Despite the bearish market movement, on-chain data reveals that holders of The Sandbox (SAND) token have been steadily accumulating, indicating a strong belief in the project's long-term potential.
  • The significant supply concentration around $0.60 for Decentraland (MANA) suggests that investors are actively buying the dip, viewing lower prices as attractive buying opportunities rather than signals of further decline.
  • For Axie Infinity (AXS), the progressive build-up of large positions amidst a sustained downtrend indicates that certain investors maintain a high level of confidence in the project's fundamentals.
  • The continued accumulation across major Metaverse tokens, including SAND, MANA, and AXS, despite the fading hype, hints at investors seeing these projects as undervalued opportunities rather than failures, potentially setting the stage for a future recovery in the Metaverse sector.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.