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Metaverse Arena Growth: SAND Daily Transaction Volume Reaches $3 Billion

Metaverse Arena Growth: SAND Daily Transaction Volume Reaches $3 Billion

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Answer Metaverse Arena Growth: SAND Daily Transaction Volume Reaches $3 Billion

Before diving into the topic of news about the growth of the Metaverse arena and the increase in daily transaction volume for SAND to reach $3 billion.

First let’s give a brief description of the Sandbox project:

Sandbox is a video game focused on player expression and creativity, originally released in 2012.

Animocra Brands has taken ownership of the virtual reality version of the game.

This version uses blockchain technology to play the interaction process with digital tokens or cryptocurrencies.

The Sandbox project’s cryptocurrency is SAND which has seen an amazing rally in the past weeks, rising more than 700%.

Increased interest of major investors in SAND:

According to several cryptocurrency tracking services, the biggest whales hold over $160 million in SAND cryptocurrency in total.

Read:Ripple CEO: We spent an entire year convincing MoneyGram about XRP

The daily trading volume of this coin has also increased by 50%, resulting in a transaction volume of $3 billion in the last 24 hours.

In addition, “Snoop Dogg” (famous rapper and NFT supporter) is building a mansion in the Sandbox Metaverse, according to what we mentioned earlier on Bitcoin Arabs.

The creations of “Metaverse” rappers can be accessed first by people who have decided to purchase “Snoopverse Pass” tickets.

Indeed, someone bought a land on the “Metaverse” to be the neighbor of “Snoop Dogg”, and this virtual land cost its owner 450 thousand dollars.

Read:Polkadot announces the imminent launch of the “Parachains” protocol… Details here

Read also:

Celsius Network confirms it lost money in the “BadgerDAO” hack

Bitcoin trading platform “Bitmart” hacked and $200 million stolen…details here


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