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Crypto news and prices: Sandbox (SAND), Quant (QNT), and Mantra (OM)
How are the Sandbox (SAND), Quant (QNT), and Mantra (OM) coins performing within the crypto market? In this article, we will look at their trend and the latest news featuring them
Sandbox (SAND): the challenge of the dollar and the potential 55% bull
The Sandbox game token (SAND) continues to capture the attention of investors with a significant rally that brings it once again close to the psychological threshold of 1 dollar
After gaining over 50% and reaching a market capitalization of 2.25 billion dollars, SAND is consolidating its position as one of the most performing gaming tokens in the recovering market
The recent surge in price, which reached a high of 1.06629 dollars before a slight pullback, demonstrates strong bull pressure.
The analysis of the 4-hour chart reveals a bull breakout from a rounding-bottom pattern, initiated after a rebound from the 50-period moving average (50MA) at 0.6123 dollars
After surpassing the key level of 0.80 dollars and briefly breaking through 1 dollar, the price retested the 50% Fibonacci level at 0.85 dollars, quickly reversing direction upwards
Now, SAND is trading at around 0.9325 dollars, supported by an RSI pointing to the overbought territory and a positive alignment of the exponential moving averages, which offer dynamic support.
The Fibonacci levels suggest bullish targets at 1.118 and 1.4496 dollars, with a potential increase of 55%. However, in case of a bearish reversal, the main supports are at 0.8496 and 0.7863 dollars
While SAND prepares to definitively surpass the dollar, attention remains focused on a possible extension of the rally, driven by a renewed confidence in the gaming token market.
Memecoin: from ironic symbols to cultural movements, the example of Quant
As we know, memecoins are redefining the landscape of cryptocurrencies, transitioning from simple ironic tokens to powerful cultural symbols that unite identity, values, and social causes
This phenomenon, in full expansion since the beginning of 2024, has seen trading volumes and market capitalizations reach new highs, transforming memecoins into a pillar of the crypto world.
An emblematic example is QUANT, a memecoin launched in November 2024 by a developer only 13 years old. Initially perceived as a possible rug pull, QUANT demonstrated the strength of communities that gather around a shared value
In response to the doubts and speculations, the members of the community skyrocketed the value of the token by over 71,000% in a few hours
This surge was not driven by the desire for profit, but by the will to oppose the scams and dishonesty that plague the cryptocurrency sector.
Memecoins like QUANT demonstrate that their meaning goes beyond mere fun: they represent resilience, solidarity, and the potential to create significant movements
In a context where utility is often criticized, these cryptocurrencies are showing an unexpectedly profound side, blending culture and social causes.
The price of the crypto Mantra in comparison with Quant and SAND
The Mantra token (OM) is showing signs of strength in the cryptocurrency market, with a bull trend that clearly emerges from the latest price movements
After a period of consolidation in the descending channel from August to mid-September, OM experienced a breakout that marked a significant change in trend
This movement has led to an increase in buying momentum, pushing the price beyond previous levels and consolidating expectations for further gains.
The recent formation of a bullish pennant is an important technical indicator, signaling a possible continuation of the positive trend
With a current price around $3.00, a breakout above the upper limit of the pennant could lead OM to a price target of $3.52
Representing therefore an increase of 21.68%. According to the analyses, this projection could extend further up to a surge of 30-35%, fueled by renewed interest from investors and by growing speculation on the Mantra ecosystem.
Market data also reinforces this narrative. The Open Interest has recorded significant peaks, indicating a strong involvement of the market. At the same time, the delta Bid & Ask shows a predominance of buyers, suggesting continuous support for the price
Furthermore, the surge in high-value transactions, especially in the ranges from $100k to $10m, highlights a growing interest from institutional investors and large holders.
This positive dynamic, combined with explosively growing transaction volumes, highlights a prevailing bull sentiment and a market ready to support a potential 35% surge
In other words, Mantra (OM) could therefore represent one of the most interesting opportunities in the current crypto landscape.