Forbes, global media group, is making its debut in the metaverse following a strategic partnership with The Sandbox (SAND).
The Forbes Metaverse hub will give users – mainly players– a chance to learn more about founder Malcolm Forbes’ history and his passions, while (re)discovering the new Forbes. Also, the Forbes Metaverse hub will offer users the opportunity to meet and interact with the “30 Under 30 Gallery”, a group of 30 professionals who, according to Forbes, have achieved the American dream whilst still under the age of 30.
On top of that, players can also choose to buy exclusive Forbes wearables so that they can have incredible accessories to show off in their adventures at The Sandbox.
Other than being a place where players can learn about Forbes and its history, the Forbes hub is also a place where players can meet each other, develop new bonds, and spend time with new friends in true Forbes spirit. You can visit the restaurant together or perhaps show off your funky dance moves.
This event will be available to anyone who wants to make this holiday season special and dive into the Forbes lifestyle from December 14th at 3PM UTC till December 28th at 3PM UTC.
Those who complete all the quests in the Forbes experience will be entered into a 50,000 SAND prize pool, which will be distributed to the eligible players at a later date. The total SAND a player will get depends on how many others completed the experience.
The Sandbox price could soon confirm an uptrend
According to FXSTREET, the Sandbox price has capitalized on the mid-week relief rally bolstered by data which showed a lower-than-expected result for the Consumer Price Index (CPI) in November, in the United States. This suggested less need for higher interest rates and weighed on the US Dollar, both positives for cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) gained significant ground to trade at higher prices.
From the chart below, SAND deals with resistance at $0.5808, as highlighted by the 50-day Exponential Moving Average (EMA). A recent attempt to break above the upper falling trend line was thwarted by increased overhead pressure. The Sandbox price needs to break and hold above the 50-day EMA to ensure a continued uptrend.
The positive outlook seen with the Moving Average Convergence Divergence (MACD) suggests that buyers have the upper hand. Traders looking for long positions should wait until MACD crosses above the mean line while SAND steps and holds on top of the 50-day EMA.
The Sandbox price will confirm a medium-term bullish outlook when it climbs past the upper trend line near the 100-day EMA. Some tentative take-profit positions hold the ground at $0.6200, $0.6600, $0.6958 where the 200-day EMA is situated, and at $0.8500.