Sandbox’s average floor prices fall 95% in the last 4 years
Share link:In this post: Sandbox has suffered the biggest loss in its Metaverse floor prices. The project’s losses stem from the sector-wide slump. These losses have forced some firms to restrategize to stay afloat.
Sandbox is the worst-performing of all Metaverse projects to date according to a recent report. Sandbox’s average floor price had fallen from a high of 2.86 ETH in 2021 to a low of 0.13 ETH in 2024. That’s a whopping 95% drop in the measure.
The report further linked that decline in Sandbox‘s prices to the general trend within the Metaverse space. It revealed that mean floor prices here have fallen by 72% From their 2021 peak prices. These figures have opened debate on what could have happened to a sector that seemed very promising a few years ago.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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