The Sandbox Speculation: SAND Mounts 1% – Are Virtual Realms the Next Big Thing?

Updated: 28 September 2023

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Investor interest in Sandbox (SAND) is growing as bullish momentum gathers strength, aiming to recoup previous losses sustained over the past few months.

As of 9:00 a.m. today, the value of The Sandbox (SAND) is $0.300550, with a daily trading volume of $37,414,814.29. The price represents a 0.5% decline within the past 24 hours and a 0.2% gain within the last week. With 2.1 billion circulating SAND, The Sandbox has a market cap of $620,733,350.

The Sandbox price is set to generate further bullish momentum as long as it continues to rise. The chart shows the formation of a falling wedge, which signals a bullish trend change. Further, SAND may surpass the wedge’s upper boundary and reach the resistance level of $0.50, coinciding with the 200-day moving average.

However, the validity of this bullish movement will be confirmed if the bulls breach the 50-day moving averages and drive the price above the wedge’s upper boundary.

Moreover, the Relative Strength Index will likely exceed the 50 MA level trading at 46. This shows intense buying pressure towards the overbought region of 70.

SAND is a bullish bias driven by the falling wedge. If the bullish trend sustains, SAND could target resistance levels at $0.55 and $0.60.

However, the 50-day and 200-day moving averages may remain resilient. Consequently, empowering the bears to drive the price to the $0.28 support level. A further price drop could lead to a support level of $0.25.

The Bitcoin Minetrix (BTCMTX) presale project unveils an innovative concept: introducing the first-ever ERC-20 token that uses staking to mine, offering investors guaranteed returns.

BTCMTX Set to Transform Mining with Stake-to-Mine ERC-20 Tokens

Bitcoin Minetrix (BTCMTX) is a new entrant in the crypto presale projects, which has quickly gained investor interest, as evidenced by the sharp surge in presale funding.

The project attempts to change the crypto mining landscape by introducing the first-ever stake-to-mine ERC-20 token to reshape cloud mining.

BTCMTX offers a unique solution through tokenizing cloud mining, allowing you to mine Bitcoin safely and efficiently without owning or managing any mining infrastructure.

Welcome to #BitcoinMinetrix! 🪙

Decentralized $BTC mining made simple. We're revolutionizing cloud mining with $BTCMTX tokens, ensuring security and transparency.

Making it easier than ever. pic.twitter.com/iZPJN5GO8O

— Bitcoinminetrix (@bitcoinminetrix) September 26, 2023

Additionally, you can earn cloud mining credits when you purchase and stake BTCMTX tokens. Then, you can exchange these credits, represented by ERC-20 tokens, for Bitcoin cloud mining power, giving you control over your assets.

Earn with BTCMTX Staking

Bitcoin Minetrix provides a one-of-a-kind opportunity for crypto enthusiasts. It offers an accessible entry point into the mining world, eliminates the need for expensive equipment, and requires no technical expertise.

By staking BTCMTX, you earn non-tradable ERC-20 mining credits, which you can burn for allocated mining time, resulting in a percentage of mining revenue.

The stake-to-mine concept is a novel idea that promises to bring #Bitcoin mining back into the realm of possibility for ordinary #Crypto observers.🌟

Users of #BitcoinMinetrix need only an Ethereum-compatible wallet such as #MetaMask, making things very simple. pic.twitter.com/METPd8HV6k

— Bitcoinminetrix (@bitcoinminetrix) September 26, 2023

BTCMTX also offers enhanced security. It uses non-tradable ERC-20 mining credits and operates on a decentralized platform, ensuring heightened security against potential scams.

Transparency is a key aspect of Bitcoin Minetrix. Of the 4 billion tokens introduced by the team, 42.5% (1.7 billion) are allocated for Bitcoin mining. A further 35% (1.4 billion) for marketing, 15% (600 million) for community rewards, and 7.5% (300 million) for staking rewards.

BTCMTX Rapidly Raises Over $100k

BTCMTX’s presale phase has already raised $116,234.4 of the intended $3,080,000 target. The tokens are available at a discounted price of $0.011 per token during this presale phase.

You can gain substantial returns by taking the tokens, with BTCMTX offering an impressive annual staking reward of 50,112%. Currently, only 831,466 BTCMTX tokens are staked at this rate.

Early adoption is advisable to maximize this attractive return rate, which may decrease as more people stake their tokens.

Jacob Crypto Bury, a prominent crypto YouTuber, has endorsed BTCMTX as a prime crypto investment with the potential for 100X growth.

Purchasing BTCMTX is easy. Visit the official Bitcoin Minetrix website, connect your Metamask or Wallet Connect wallet, and buy BTCMTX using ETH or USDT.

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