Sandbox (SAND), the native token to the namesake metaverse, jumped over 16% after COINBASE said it intends to list the token.
The move is expected to benefit SAND, given that Coinbase is the largest exchange in the United States. The exchange made the announcement in a tweet.
Coinbase adds SAND in its roadmap
The SAND token has registered a surge of over 16% since the news broke out. This has helped the Sandbox token to become the top gainer among the largest gaming tokens. The Sand is trading at an average price of $1.36, at the press time. Its 24 hour trading volume has jumped by over 62% to stand at $588 million.
Earlier, Coinbase declared that it will be adding around 45 different ERC-20 tokens based on the Ethereum network and 6 SPL tokens on the Solana network.
The Gaming category tokens have suffered a lot amid a massive market crash last week. The SandBox Token is down by 54%% in the past 30 days. Sand’s recent surge has helped the token somehow to cover its loss. According to CoinMarketCap, the token is the 3rd largest gaming token with a market cap of over $1.6 Billion. In an order to make Sandbox cheaper, greener, and energy efficient, the ecosystem will be migrating over the Polygon Matic (OxPolygon).
