Popular blockchain-based metaverse platform The sandboxannounced that it has expanded its cryptocurrency portfolio and strategically acquired leading meme coins such as PEPE, SHIB, MEME, DEGEN, DOGE and BONK.
This move is aimed at supporting communities, gaining more ground in Web3 culture, and providing support to its members and the wider community. meme coin It was carried out in order to provide more benefit to the community.
According to CoinGecko data, SHIB and DOGE were the leaders in terms of market value among the purchased meme coins. DEGEN stands out as the only coin that is not among the top 15 big breast tokens. With this investment, Sandbox demonstrates its commitment to increasing diversity and interaction among platform users.
Sandbox also announced that it plans to launch interesting projects using its meme coin collection.
Over the last 24 hours, the top seven meme coins have seen an increase in prices. CoinGecko data shows that PEPE is up 11.14% while BRETT is up a staggering 18.56%.
However, it is worth noting that these meme coins have generally been in a downward trend in the last week. This situation coincides with the previous Coin Edition report, which noted that the market was generally declining.
These six meme coins acquired by Sandbox present a diverse environment that best reflects the company’s commitment to unity and inclusivity.
Sandbox’s proactive strategy to integrate different meme coin communities into its platform will increase user engagement and encourage more creativity on the platform as it continues to grow in the Web3 space.
