Will the ‘The Sandbox x Mastercard’ Partnership Generate Positive Returns

Metaverse

Mastercard announces a partnership with Sandbox and other NFT metaverse. Mastercard entered into a deal with immutable x and candy. These markets will have more than $25 billion in sales in 2021. 

The native token went down by 24% after three days of joining Mastercard. On the 30th day of the announcement, the bears overran the bulls and it flipped the price down. However, since this announcement, SAND, the native token of The Sandbox, has not made any significant traction. 

Three days after the announcement of its partnership with Mastercard, The Sandbox’s native token proceeded to record a 24% decline. At an index price of $1.30 on the day of the announcement, the bears overpowered the bulls and pushed the price downwards.

At press time, the SAND token exchanged hands at $0.99. With the price position marked at press time, the token was 88% shy of its ATH of $8.14. The number of daily active addresses increased 22% versus the number of the previous day. By press time, this was down 44% based on 490 addresses. Whales got together on 11 June and saw an increase in whale transaction counts.

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