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The Sandbox, Decentraland Land Prices Double During Mysterious January Bull Run

Explanations for why The Sandbox and Decentraland’s native tokens more than doubled during the beginning of this year may be elusive, but the rebound is certainly welcome news to anyone who bought in at the bottom of the market.

Out of the two metaverse platforms where people can buy and develop virtual land, Decentraland’s MANA token performed the best, leaping to a shade under $0.80 from a Jan. 1 price of about $0.30, according to CoinGecko. That’s still way off MANA’s all-time high of $5.12, which it achieved during the particularly frothy bull run that capped off 2021.

For its part, The Sandbox token SAND hit a January high of $0.84, climbing from $0.38 at the start of the year, according to CoinGecko. SAND also peaked in late 2021, eclipsing $7.00.

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