BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

SAND Shows Recovery Signs as Web3 Gaming May See Revival

by Matoy
November 28, 2024
in Crypto, Gaming, NFT
A A
16
SHARES
Share on TwitterShare on Reddit
  • SAND price recovery gains momentum following recent NFT activity, raising hopes for renewed Web3 gaming interest.
  • Daily chart reveals a choppy but positive trend, with potential resistance near $0.63 hindering upward movement.
  • NFT market resurgence may attract gamers back to The Sandbox, creating a possible boost in ecosystem engagement.

The price of The Sandbox’s native token, SAND, has shown mixed movement recently, trading near $0.61218 after reaching an intraday high above $0.63. Despite its slight retracement, SAND is attempting to regain bullish momentum, building on support near $0.59.

The daily chart indicates a gradual upward trend but highlights resistance near $0.63, which has proven difficult to surpass. Any sustained breakout above this level could potentially target $0.65 and beyond. However, failure to hold current levels may lead to a retest of support near $0.58.

TradingView

Rising NFT Activity and Gaming Revival

The resurgence in NFT trading activity is a promising development for Web3 gaming platforms like The Sandbox. Recent data shows a noticeable uptick in NFT sales volume, signaling a broader market recovery. This trend could breathe new life into blockchain-based gaming ecosystems, where NFTs often play a central role.

The Sandbox, known for integrating NFTs into its gameplay, stands to benefit from this renewed interest. A growing player base, driven by the allure of unique and tradable in-game assets, may reignite excitement within its ecosystem. The increased visibility of NFTs, combined with SAND’s improving price action, positions the platform as a potential beneficiary of these market shifts.

While SAND’s performance remains linked to broader market trends, the return of Web3 gamers driven by NFT enthusiasm could provide the platform with a much-needed boost. Traders and enthusiasts will likely watch these developments closely for signs of sustained recovery and ecosystem growth.

Tags: SAND
Tweet4ShareShare6

DON'T MISS THESE! HOT OFF THE PRESS

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy
Crypto

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

June 11, 2025
Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?
Crypto

Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

June 11, 2025
GENIUS Act Clears Major Hurdle in US Senate Despite Controversy
Crypto

GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

June 11, 2025
Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level
Crypto

Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

June 11, 2025
Will Ethereum Eclipse Bitcoin in Q3 Rally? Analysts Say Yes and Here is Why
Bitcoin

Will Ethereum Eclipse Bitcoin in Q3 Rally? Analysts Say Yes and Here is Why

June 11, 2025
Solana Memecoin AURA Surges Past $100 Million in Less Than 24 Hours: Here is What Happened
Crypto

Solana Memecoin AURA Surges Past $100 Million in Less Than 24 Hours: Here is What Happened

June 11, 2025
Load More

Related News

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

June 11, 2025
Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

June 11, 2025
GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

June 11, 2025
Trump Calls Musk’s Regret ‘Very Nice’ But Won’t Reconcile: Here is Why

Trump Calls Musk’s Regret ‘Very Nice’ But Won’t Reconcile: Here is Why

June 11, 2025
Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

June 11, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.