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Why The Sandbox Cryptocurrency Triumphed on Tuesday

Eric Volkman, The Motley Fool
·2-min read
Why The Sandbox Cryptocurrency Triumphed on Tuesday

On the surface, what happens with cryptocurrency The Sandbox (CRYPTO: SAND) has very little to do with events in corporate entertainment. An article published Tuesday morning in The Wall Street Journal said that included among Disney's current round of layoffs is the unit responsible for developing metaverse strategies. Citing unnamed "people familiar with the situation," the financial newspaper wrote that the metaverse employees are among the roughly 7,000 Disney workers who are being given pink slips.

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