Metaverse after Coinbase announced it could list soon Altcoin Sandbox (SAND) experienced a rise in price.
Given that Coinbase is the largest exchange in the United States, this move is expected to benefit SAND. The exchange made the announcement in a tweet.
Coinbase Adds SAND Altcoin to Roadmap
The SAND token has seen an increase of over 10% since the news broke. This has made the Sandbox token the highest earning coin among the biggest gaming tokens. Sand is trading at an average of $1.33 at the time of this writing.
Assets added to the roadmap today: The Sandbox (SAND)
— Coinbase Assets (@CoinbaseAssets) May 20, 2022
Earlier, Coinbase announced that it will add about 45 different ERC-20 tokens based on the Ethereum network and 6 SPL tokens based on the Solana network.
Related News: Coinbase Lists This Altcoin, Price Struggling To Rise!
Game Tokens Remember Their Old Days With Longing
Gaming category tokens suffered huge losses during the massive market crash last week. The SAND altcoin has lost approximately 54% in the last 30 days.
Sand’s recent price hike has helped the token somehow offset some of its loss. According to CoinMarketCap data, SAND is trading as the third largest gaming token in the world, with a market cap of approximately $1.6 billion.
Sandbox has previously announced that they will move their ecosystem to Polygon to make their operations cheaper, greener and energy efficient.
*Not investment advice.
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