Closely followed analysts and hosts on the popular Coin Bureau channel say that one Metaverse Altcoin is more likely than most crypto assets in the sector.
In a new video update, a pseudonym analyst known as Guy, to his 2.07 million followers, its pricing behavior seems to have been overwhelmed for months, but certainly in the virtual world sandbox. He says that he has some fundamentals.
“It is reported that SAND tokens are recovering as tech giants gathered to see the Metaverse standards earlier this week. Well, I think this is not bullish but bearish for cryptocurrencies, but SAND holders. Does not seem to agree. It is a pity that the SAND castle has collapsed, which means the price of SAND.
It’s good that SAND, unlike most other Metaverse scripts, has real fundamentals. Please do not give it a name. “
Last week, a large roster of tech giants and multinationals announced the creation of the “Metaverse Standards Forum” aimed at creating a global interoperability standard for the Open Metaverse. Related companies include Huawei, Meta and Microsoft.
Last week, Sandbox announced a partnership with media giant TIME to recreate Times Square in Manhattan, New York, in a virtual world.
Keith Grossman, TIME CEO, said:
“We are excited to have access to that community when we are looking for an architect to design TIME Square in the Metaverse. This is the virtual community of TIME Pieces, historical coverage, and TIME’s global. Relationships, unique IPs from TIME Studios, TIME for Kids, and our actual IRL event. ”
The sandbox (SAND) has outperformed much of the crypto market in the last seven days. At the time of writing, it is currently down 7%, but SAND is up 38% a week and is priced at $ 1.18.
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