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The SAND Token Hits Fresh Highs As Demand For The Metaverse Grows

The Sandbox and its native token SAND have been seeing a steady inflow of new funds which resulted in the SAND token hitting an all-time high of $3.61 on November 17th. Since breaking out, the SAND token has given into selling pressure and has retreated back below the $3.30 support level. While further selling pressure is possible in the short term, the growing excitement surrounding the metaverse and virtual properties has driven the price of virtual land higher.