The recent sand coin news has given a new twist to an old concept: a virtual world where people can buy, sell, and trade real-world assets. The Sand token will be one of the first cryptos to do this. Its supply will be limited to three billion and the majority of the coins will go back to the Sand platform and team. As the project gains traction and becomes more popular, the community will continue to use the SAND to create, buy, and trade assets in the virtual world.
Among the latest SAND coin news is the announcement that Canadian electronic music producer deadmau5 is launching a new collection on the Sandbox marketplace. This announcement pushed the price of SAND tokens up by 41% from the low on 14 December. The price of the SAND token has risen over the past two months and is currently trading at $1.2, which is a significant increase from its low of $0.90 on 14 December.
In addition to being used as payment, the Sand Coin is also exchangeable for fiat currencies. The USD is the most popular fiat currency in the world, and this coin is being paired with almost every fiat currency. There are even pairs of SAND to PHP, INR, NGN, and THB. Depending on the exchange, you can use the Sand Coin to purchase goods and services from vendors around the world.