eToro lists SAND

eToro lists SAND
фото показано с : invezz.com

2021-12-31 10:09

eToro is excited to announce that the Sandbox (SAND/USD) has arrived on its investment platform. The Sandbox is a virtual metaverse world that combines blockchain technology with gaming. SAND is the native token of The Sandbox. Players can earn SAND through games and contests, and buy and sell virtual goods with the token in the Sandbox Marketplace.

At the moment, SAND is the crypto that offers the absolute and relative greatest momentum when it comes to NFTs. According to an analysis by eToro, its absolute momentum indicates a positive return over a certain period of time. Its relative momentum indicates a higher return than other cryptocurrencies in comparison.

Dual momentum strategy

To apply this strategy, you can go to CoinMarketCap and choose the category of crypto you are interested in, in this case Non Fungible Token (NFT). Then, you get the top 5 most capitalized cryptocurrencies. Take the trends of the coins over the past 7, 30, 60, 90 days and average them. Invest in the currency that has the highest average gain (relative momentum) if and only if it is positive (absolute momentum).

Repeat this process for the other categories as well. These include DeFi, metaverse, decentralized exchange and smart contracts. You will have the 5 largest capitalization coins of the various categories that have the highest dual momentum, eToro advises.

Invest with caution

Remember that things about crypto change fast, so be sure to re-do the math on a monthly, if not weekly basis. Remember that you are investing in cryptocurrencies that have risen the most and will move fast, so they will likely have higher volatility than other currencies, so make sure you have a balanced portfolio unless you don’t mind high risk.

This can be an excellent satellite strategy for your portfolio as part of a larger and more diversified one. Of course, it depends on the individual investor and their risk tolerance.

Feedback

Not everyone is delighted by the listing. One user commented:

Would have been nice to list it under a dollar 3 months ago, eToro.

SAND is currently trading for $5.66 on eToro. It’s down 1% today.

The post eToro lists SAND appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

The Sandbox (SAND) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.3972
Капитализация $0 Rank 99999
Цена в час новости $ 5.9778 (-100%)

sandbox sand etoro blockchain world metaverse technology

sandbox sand → Результатов: 55


The Sandbox (SAND) Price Forecast – Why Metacade (MCADE) Will Outperform SAND in 2023

The Sandbox is one of crypto’s metaverse first-movers, but its epic decline during the 2022 bear market has left some investors dismayed. Are you wondering what’s in store for this leading metaverse token? Below, you’ll find a The Sandbox price forecast for 2023 and learn about Metacade – a project that many have predicted could […] The post The Sandbox (SAND) Price Forecast – Why Metacade (MCADE) Will Outperform SAND in 2023 appeared first on CoinJournal.

2023-1-24 18:02


Новые партнёрства The Sandbox повысили стоимость SAND до $1

Нативный токен метавселенной Sandbox SAND бросил вызов общей вялой динамике рынка и прибавил в цене за сутки почти 13%, поднявшись до уровня в $0,99. Восстановление цены наблюдается последние два дня на фоне участия команды The Sandbox в нью-йоркской конференции NFT NYC.

2022-6-28 12:23


Фото:

Where to can buy Sandbox (SAND) coin as it price rallies ahead of the Sandbox Alpha launch

After a slight pullback between Nov. 3 and Nov. 10, the Sandbox (SAND) price is on the rise again as the Sandbox readies for the launch of the Sandbox Alpha that is scheduled for Nov. 29. To help investors and traders who are eyeing to buy and hold the SAND coin, Invezz has created a […] The post Where to can buy Sandbox (SAND) coin as it price rallies ahead of the Sandbox Alpha launch appeared first on Invezz.

2021-11-18 13:22


Фото:

Игровая блокчейн-платформа The Sandbox проведет токенсейл на Binance Launchpad

Криптобиржа Binance проведет токенсейл проекта The Sandbox на платформе Launchpad. Продажа токенов SAND стартует 13 августа 2020 года. Об этом сообщается на официальном сайте криптобиржи. Владельцы utility-токена SAND смогут продавать и покупать предметы в игровой вселенной The Sandbox.

2020-8-7 10:00