SAND, the native token of The Sandbox — a blockchain-based gaming platform owned by Animoca Brands — inched higher on Nov. 23, building on its gains made across November to reach another record high.
The price of SAND rose to $5.64 after swelling 16.25% intraday, but it retraced some of those gains to trade at $5.54 at the time of writing. The move took the month-to-date and year-to-date gains of The Sandbox’s token to nearly 260% and over 14,700%, respectively, with its market capitalization crossing above $5 billion, making it the 41st-largest coin in the crypto sector.