All you need to know about sandbox
The World of Women NFT collection and The Sandbox have partnered up to launch an inclusivity program with a $25 million backing over 5 years. The program is called the ‘WoW Foundation,’ and will promote the presence of women in Web3 ecosystems through education and mentorship initiatives.
The WoW Foundation will also offer free online lessons on all things Web3, which will take place via immersive experiences in The Sandbox. Once students have completed the course, they will receive a certified ‘NFT diploma’. A WoW Museum will also be established in The Sandbox, which will showcase the journey and achievements of the foundation and its students.
Great news for serious young professionals and social media influencers, The Sandbox has launched its macOS client. As a result, Apple consumers can now fire up the metaverse and join in all the Alpha fun.
Despite its obvious handicap in the gaming sector, The Sandbox has upped its accessibility credentials by allowing Mac users to enter the server, enabling them to get going in the voxelated virtual world and stand a chance to win a share in 1000 $SAND.
SandBox investment
The Sandbox receives an average long-term technical score of 55 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. SAND currently holds a superior long-term technical analysis score than 55% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.
SAND has been falling inside a descending parallel channel since reaching an all-time high price of $8.48 on Nov 25. The downward movement led to a low of $2.55 on Jan 22 (green icon). The low and ensuing bounce served to validate the $2.90 area as support.
Afterward, the price returned to the same level twice more, on Feb 24 and March 14, respectively. This created what resembles a triple bottom, which is considered a bullish pattern
The price has been increasing since and broke out from the channel on March 16.
If the SAND upward movement continues, the next closest resistance levels would be at $4.85 and $6.25. These are the 0.382 and 0.618 fib retracement resistance levels, respectively.