Sandbox decouples from crypto markets as SAND breaks new all-time highs

After four years of development, Sandbox is ready to launch its Alpha P2E initiative on November 29. The virtual world platform has secured over 50 partnerships to build play-to-earn games and boost the utility of SAND tokens. 

SAND hits new all-time high as it prepares to open its metaverse to players

The Sandbox ecosystem is popular among NFT creators and players that build, share and monetize their games on the platform. The platform’s native token SAND, saw its price rally earlier this week. 

Sandbox recently announced the launch of its metaverse after completing four years of development. The platform has secured partnerships with Crypto Kitties, Sheep, Atari and Shaun to build play-to-earn games on Sandbox’s metaverse. 

The launch of Sandbox Alpha is scheduled for November 29, it is a 3-week long event. Players can participate in Sandbox’s play-to-earn games through the Alpha Pass, an NFT ticket that grants access to the exclusive launch event. 

Sandbox’s native token has decoupled from the top cryptocurrencies and posted a nearly 75% rally over the past week. SAND hit a new all-time high of $4.64 earlier today. 

Proponents consider that capital is rotating out of Bitcoin to metaverse tokens in the current bull run. 

In the days leading up to the launch event on November 29, analysts have predicted that SAND would cross $5 and enter price discovery. Cryptocurrency analysts at “Mind Math Monkey,” a YouTube channel believe that SAND will cross $5 in the ongoing bull run.