Why Is The Sandbox (SAND) Rising? 17 May 2023 - Coinleaks
Current Date:September 21, 2024

Why Is The Sandbox (SAND) Rising? 17 May 2023

Apple’s new steps in the metaverse industry have added value to metaverse coins, how is SAND, one of the most rising coins of the day, progressing?

Announcing its new device for Metaverse apple brought the metaverse sector to the agenda. The metaverse industry, which has not shown a great development for months, has started to be talked about again with this move of Apple. Especially metaverse This development, which created volatility in the coins for , brought a serious increase in many coins. Also, the fourth highest rising coin of the day was Decentraland (with an increase of 5.48%). MEANING) happened.

The Sandbox (SAND) Chart Analysis

SAND, which caught an upward movement by touching $ 0.477, managed to reach $ 0.54 after Apple’s last move. SAND, which increased by 12 percent in a short time, had not increased in volume for a long time. SAND, which is currently rejected at the $0.54 resistance, can target the 0.595 – 0.652 and 0.671 levels, respectively, when it breaks this resistance.

The fall of the metaverse trend, the depreciation of BTC or the negative news about the market may bring the SAND down to $0.50 and $0.47. SAND, which was on everyone’s lips during the metaverse craze, excited its investors once again with this rise.