The Sandbox (SAND) Blows Up 20% After Collab With Major Entertainment Firm

The Sandbox (SAND) Blows Up 20% After Collab With Major Entertainment Firm


The Sandbox native token, SAND, jumped from eight-month lows following Friday’s announcement of a collaboration between the metaverse and Lionsgate Studios.

As a result of the news, SAND surged as high as 20% to $0.9715, before reversing course to trade at $0.8647. The move helped SAND overcome a seven-day losing run in the face of gloom in the bear market.

Lionsgate is one of the biggest private studios in the United States, and it owns Rambo, Hellboy, and The Expendables, all of which will soon be featured in The Sandbox.

all hell breaks loose. lionsgate has entered @thesandboxgame pic.twitter.com/c1QcA2x3Y6

Trending: Why is Amazon Quietly Buying Land Across the United States?

— Lionsgate (@Lionsgate) June 15, 2022

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The Sandbox (SAND) Soars 3.78%

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