Sand/usdt trading idea and why you can hodl for long term
SAND Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully.
Following The Trend : for years now the crypto ecosystem always follow some trend after a correction, (eg) Before 2019 was POws coins 2021 was meme and I believe 2022 would be the year for metaverse and NFts.
NFT and Metaverse being talk of the town now and sandbox is one of the front tire in the industry with years of experience.
I believe they have a lot in stock for 2022 considering the fact they raised 93 million In earlier 2021 with backing from companies Making it an area of interest.
Technically
Sand/Usdt has been on my watchlist from the time of all time high at $8.5, The chart is very interesting as you can see a strong break out from the falling wage bouncing off from the channel trendline with a flag pattern after the bulls charged.
Indeed Altseason is kicking
At the time of writing this article, Sand/usdt is trading at $3.3. which I believe with the strong team behind Sandbox we can see an all-time higher.
With this in mind, I believe it would be a great bet😃
Your encouragement is highly needed so I could continue researching on profitable ideas.
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