Smart investors are always wary of buying overpriced projects, i.e., coins that have had a long bullish run. The reason for this is that chances are you’re buying the top. This way, you’ll provide liquidity for major investors that are exiting their buy positions.
Sandbox, which was launched in 2011, is one of the earliest P2E games in the crypto industry. This gained the game a lot of attention from both the media and crypto enthusiasts. This buzz led to an eruption in Sandbox’s price, raking in almost 18,000% for early investors. This is, by any standard, a successful crypto project.
However, Sandbox’s price peaked at $8.48, and it has been in a downtrend since then. Reports are that investors are ditching Sandbox for this new P2E that gamers are raving about.
Sandbox Price Prediction for 2023
Sandbox has dropped almost 94% from its all-time high, and investors are starting to have their doubts. Sandbox has fallen almost 6% in the last 7 days and almost 18% in the last 30 days. This continued fall in price confirms that Sandbox is in a strong downtrend.
In addition, analytics show that the number of investors holding between $1,000 and $100,000 worth of $SAND has dropped from 36,000 to 35,000 between the 28th of February and the 22nd of May. This is a sign of disinterest in the project, and it’s not looking good.
While experts believe Sandbox’s price may recover and rally as high as $2 before year’s end, a decrease in the number of $SAND holders is a sign that major stakeholders are already turning their backs on the project in search of better opportunities.
Pikamoon is believed by many analysts to be the next big deal in the P2E industry, and Sandbox investors are buying into the project as fast as they can.
⚡️Welcome to #Dreva⚡️
The first official in game shot! 👀
🚨$100 $EGLD Giveaway + 5 WL🚨
— Pikamoon (@PikaMoonCoin) March 14, 2023
What is Pikamoon?
Pikamoon is a leading GameFi project that is set to disrupt the crypto industry with its native token, $PIKA. $PIKA is a unique deflationary token designed to increase in value as time passes. The Pikamoon team is forward-thinking, and this is evident in their token distribution and progressive allocation of tokens to the further development of the Pikaverse.
Experts believe a project is only as successful as its community. Pikamoon has a teeming community of crypto enthusiasts and diverse investors who have 100% belief in the project. That’s not all; it gets more interesting.
Pikamoon’s crypto community consists of veteran investors and crypto whales who have a proven track record of backing the most successful projects in the industry. This goes to show Pikamoon is doing something right, and investors are taking notes.
No doubt, Pikamoon is an industry leader in its early stages. This is evident in the interest of big brands from all sectors in the project. Industry leaders like Kevuru Games, MultiversX, Transak, and many more are trooping to Pikamoon to secure long-term partnerships before the project goes massive.
Crypto whales and big-time investors know what happens next when big brands start coming on board. This is why they are trooping to the Pikamoon presale to bag as much $PIKA token as they can before prices skyrocket.
Pikamoon Presale: The Easiest Way to Make a Massive Profit in 2023
The Pikamoon presale is the talk of the crypto community, and tokens are selling out fast. Investors and crypto whales are amassing as many tokens as they can in the second round of the presale before prices go up.
Pikamoon is in the second round of its presale, and tokens are selling for as little as $0.0004. The third and last round of the presale will drive the price to $0.0006 or more. This means investors who buy in at the presale stage will be floating in profit even before the coin launches on major exchanges.
What are you waiting for? If you missed Sandbox’s massive move, don’t miss the Pikamoon boom!
Find out more about Pikamoon (PIKA):
Buy Now: https://pikamoon.io/buy