Here's what Bitcoin will cost in 2030: Top crypto news analysis.

Happy Friday!!!

GM, Vanessa from buidlbee here. It's finally the weekend, and I'm here to serve you a fresh mix of a crypto cocktail to get the party started! A solid Web3 advisor and the life of the party all in one? Aren't you a lucky friend 😉

But first, some shots...

• The Sandbox is bringing the metaverse back 🏝

• An exclusive look into BTC's value in eight years 🧐

• An altcoin you shouldn't underestimate 🚀

Part of the winners in my mail yesterday was the Sandbox and its SAND token. The Sandbox has been gaining significant attention since the start of the year, with its token soaring by over 90%, and new partnerships with the Saudi Arabian government.

The Sandbox is an interactive p2e game, kinda like a fine metaverse mix of Minecraft and Roblox. SAND is its native token, valued at $0.4 at the end of 2022, and now sitting at almost double that value — ~$0.73 — with a market cap of ~$1.2B. 

So, what have the sandy guys been up to this year, and what can we expect next?

• The Sandbox announced an upcoming gameplay update that will allow users to develop, test, and share experiences in the ecosystem, as well as additional features like multiplayer gaming, improved lighting and visual effects, and video and audio streaming.

• The company has also teamed up with Warner Music Group (WMG) for a Spinning Record release party on the metaverse, adding to their long list of celebrity partnerships.

• SAND also came up as the most used virtual currency, yet again, among ETH whales.

• As discussed yesterday [P.S. Go read my last mail], the Saudi Arabian Digital Government Authority (DGA) is also partnering with Sandbox to develop its presence in the metaverse.

• Netflix is next in line, with a deal to create a fully immersive virtual reality experience based on the popular Squid Game series with Sandbox VR.

• Lastly, nearly 100 million inflows have been observed on the Sandbox, most likely due to the upcoming token unlock.

However, other indicators show that SAND's price may soon drop.

1. On February 14, there will be 348M SAND tokens unlocked, increasing the supply of 1.5B by 23%. The last unlock caused a 20% drop in value, but as we've seen this year, it seems like the market reacts positively to unlocks. So who knows?

2. Since yesterday, there seems to be a market correction and prices have begun to fall, even SAND took a little dip. Experts also predict a second wave of correction coming.

3. Furthermore, network activity has been on a decline in the Sandbox, and now that whales are on the move, a short dip could be expected once they're done. Probably also a good time to get into SAND.

In summary, friend, the Sandbox is working to dominate competitors like Decentraland and is making some strides to that effect. Although there's some volatility expected, SAND could do well in the long run, so, invest at your own risk. 

As a forward-thinking pen pal, I want to make sure you always have first looks at future prospects, so you're better prepared. Ark Invest has published its long-term analyst forecast (until 2030) for the Bitcoin price 🤑

Trust me, these guys thought about everything — the bearish, the basic, and the bullish — and considered all factors — the volume of funds invested, dynamics of growth, etc. In a bearish scenario, BTC should rise to $258,500, basic BTC will rise to $682,800 per coin, while bullish BTC will rise to ~ $1.48M.

Here are other ground-breaking statements made in the report are as follows:

• To be realistically risk-free in the 21st century, you should aim to hold Bitcoin for 4+ years.

• The HODL index in Bitcoin has also peaked over time, regardless of the 2022 market.

• BTC has powered through five drops of over 75% and still outperforms stocks, bonds, and gold in ROI.

•   The market is finally almost at the bottom of a long decline.

• We're at the beginning of the first growth cycle of the 2024 Bitcoin halving. The alternating highs and lows that come with halving often last for 500 days, and according to that time map, the closest BTC peak is expected to be around the fall of 2023.

• Hashrate is steadily breaking records, despite all unfavorable conditions, thereby confirming Bitcoin's relevance.

•  By 2030, Bitcoin will be a multi-trillion-dollar industry and could be an integral part of the future digital economy.

So if you're not buying to HODL, you better think again, friend 😏 Check out more details in our analysis article.

While the rest of the market was down yesterday, Verasity's native token, VRA, rose by 9.2%, from $0.009352 to $0.0103. This only adds to the consistent growth the altcoin has been experiencing since the start of the year. It grew by 7.23% after the CPI announcement, and never stopped, By January 22, it had risen by 67.72% to $0.007277.

Last month, Verasity released its 2023 roadmap, which could have contributed to the token's success over time. Furthermore, in the past few days, events have happened in the ecosystem that could support VRA in the recent price dips.

1. VeraViews now has patents for Proof-of-View technology [which Verasity is built on] in the USA, China, South Korea, Hong Kong, and Eurasia.

2. The LIFE DeFi wallet has preloaded VRA onto its app.

3. VRA was one of the first tokens to be listed on Lunar Crush, and users can now trade with the VRA/ETH pair.

4. The Verasity team is completing its first buy-back and burn mechanism to remove about 50M coins in circulation (over $500K).

VRA is currently trading at $0.009181 per coin, down ~89% from its ATH of $0.0836. The market cap sits at $95,017,887 with a daily trading volume of $58,375,171. ProBit is the most profitable exchange to buy VRA in the VRA/BTC pair, while the largest daily trading volume can be found on KuCoin in the VRA/USDT pair.

Alright, friend, there you have it! A strong crypto cocktail to get you started for the weekend. You're welcome 😉 A good friend never drinks alone, so share with your friends. Enjoy your weekend, and I'll see you next week with more tips to help you make it with crypto 🔥