Why The Sandbox Was Climbing Almost 7% Today
Spooky season might be upon us, but investors were hardly spooked by the prospects for The Sandbox (CRYPTO: SAND). On Sunday, they were trading the specialty token up by just under 7% across the 24 hours preceding roughly 6:30 p.m. ET. Seasonal factors played a role in this advance, as did the continued momentum of the metaverse that the cryptocurrency anchors.
The Sandbox Game is a metaverse with its own economy, hence the near-namesake token. The developers behind it run a series of Alpha Seasons, which they make available to users as sneak previews for new features and locations. At the moment, The Sandbox is pushing its Halloween Special, a creepy world that's tied into the current Alpha Season 3.
And who, after all, doesn't like immersing themselves into the odd and scary at this time of the year? It isn't easy to tie a blockchain or cryptocurrency into Halloween (you can't buy zombie-costumed Bitcoin, for example), so it's hard for developers to market their wares for the holiday. The Sandbox does not have that problem.
Source Fool.com
