The price targets for SAND and MANA, particularly in the metaverse sector, are escalating more than expected each year. Let’s examine their 2022 targets.
The clarity of SAND and MANA‘s price targets is emerging as the cryptocurrency world expands with diverse projects annually. This year, the metaverse sector has experienced a significant surge. Moreover, certain cryptocurrencies are now active in both the NFT and metaverse domains.
SAND, a notable player in the cryptocurrency arena, is witnessing a yearly increase in its growth rate. Its rise in the NFT and metaverse spaces appears to have positively influenced this cryptocurrency. It has been a key architect in shaping the metaverse concept. SAND is anticipated to surpass price expectations this year.
SAND and MANA price movements
The Sandbox platform utilizes SAND as its primary token. Last year, this cryptocurrency was valued at $0.03, but its price has impressively climbed to around $8.4. This substantial increase has certainly taken many investors by surprise.
Despite a recent dip to levels around $5.94, SAND still holds significant promise for 2022. Another popular cryptocurrency in this space is MANA coin.
This digital asset experienced a notable surge, reaching a high of $6. While it currently exhibits a more accumulative trend, expectations for its performance remain optimistic.
Axie Infinity, Theta, Enjin and Sushi Swap seem to continue their rise in 2022 . However, the industry needs to be kept alive. Otherwise, a deep decline may occur. So what are your expectations regarding these cryptocurrencies?
SAND vs. MANA: At a Glance
| Feature | The Sandbox (SAND) | Decentraland (MANA) |
| Virtual World | The Sandbox | Decentraland |
| Core Concept | A game-focused metaverse where creators can build and monetize voxel-based games and assets. | A social-focused metaverse that is a fully decentralized autonomous organization (DAO) governed by its users. |
| Graphics Style | Voxel-based (similar to Minecraft, blocky and stylized). | Polygonal 3D (more varied, less stylized 3D models). |
| Token’s Main Use | SAND: Used for buying LAND, trading assets, platform governance, and as the currency within games. | MANA: Used to buy LAND (a 1:1 burn for LAND), wearables, and names on the marketplace. (LAND is a separate NFT). |
| Creator Focus | Strong emphasis on its Game Maker and VoxEdit tools, making it easy to create games and assets. | More flexible and code-driven. Creators have more freedom, but it can be more complex (using an SDK or builder tools). |
| Governance | Moving towards decentralization, but currently more company-guided (by Animoca Brands). | Fully decentralized. The community (DAO) controls the smart contracts, platform changes, and treasury. |
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