What's Making The Sandbox (SAND) Price Skyrocket Over 20%?

With the growing craze of metaverses, countries are globally competing with one another to become the next “metaverse hub”. After the United Arab Emirates recently showed interest in building its own metaverse, Saudi Arabia has also come forward to take part in this crypto bandwagon. Both these countries, over the past few years, have been exploring policies and investments linked to cryptocurrencies, Web3, and the metaverse.