The Sandbox Price Prediction 2023: Can TOADS Outperform SAND?
Photo: DigiToads
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The cryptocurrency market is often unpredictable and driven by market trends that change in the blink of an eye. DigiToads and Sandbox are two popular coins on the current market, and this article will attempt to answer the question: which of the two will generate the most profitable returns?
What’s Sandbox?
The Sandbox is a user-generated hub for monetizing blockchain-based games and voxel assets. Using the platform’s utility token, SAND, gamers may create, own, and profit from their in-game content in this digital universe.
Players and developers can use the SAND utility token to take part in the platform’s governance and economy and purchase “LAND” in the gaming metaverse. The participants can generate their digital assets, NFTs (Non-Fungible Tokens), and then publish them on the exchange. The Sandbox Game Maker can then make games out of these NFTs.
The Sandbox Price Prediction
The price of Sandbox has been falling since it reached an all-time high. There have been no sudden jumps in trading volume to explain the recent steep decline in price. The coin started trading around $5.80 last year but ran into resistance at $5.9715, prompting a large-scale correction.
The coin’s price has been mostly stable since May 12. However, for the coin to start a bullish trend, it clearly requires greater strength and momentum. In 2023, the price of one SAND is expected to range from $0.40 to $0.95. experts anticipate an annual average price of around $0.75.
DigiToads (TOADS) and Its Potential
Outperforming Sandbox is not an easy challenge for DigiToads, as it’s still in the very early steps of development. However, observing its features, roadmap, and tokenomics, TOADS has a massive potential to generate higher income for investors than SAND.
DigiToads is a P2E token built on Ethereum with its metaverse called “Swamp.” There is a fun web3 game in the project’s ecosystem, and players can acquire DigiToads in the form of NFTs to use in the game.
Users are expected to treat these NFTs like pets, learn to train them, and use them effectively in combat. In TOADS, the victor of each battle receives a special reward.
The inclusion of an NFT staking platform within the DigiToads ecosystem provides users with yet another avenue for earning rewards.
The team also intends to host monthly on-chain trade events with monthly Platinum Toads rewards. The owner of a Platinum Toad gets remote access to one-twelfth of the TOADS treasury. When the Treasury makes a profit from trading, Platinum Toad holders receive 10% of it.
The end result of all these proactive reward programs is to establish a vibrant, sustainable community.
The Bottom Line
TOADS presale price has started at $0.01, while the launch price is scheduled to be $0.055. This is a massive 450% growth for the earliest backers, letting us believe in TOADs’ potential to overcome Sandbox in terms of price appreciation speed.
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