Popular gaming platform, The Sandbox, recently announced its investment in various meme coins including Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Bonk Inu (BONK). The platform aims to integrate these coins' unique cultures into its ecosystem, praising Shiba Inu as a "global phenomenon" and DOGE for its "strong community" and "humorous origins." PEPE, a deflationary meme coin, and BONK, the most widely held dog-themed cryptocurrency on Solana, were also highlighted. The Sandbox expressed optimism about the utility these meme coins will provide for its users and the broader meme coin community.

Despite this, the platform's native token, SAND, has been underperforming, currently trading at around $0.32, a significant drop from its all-time high of $7.50 in November 2021. However, some on-chain metrics suggest a potential upward trend for SAND in the short term. Its Relative Strength Index (RSI) currently stands at 32, indicating a possible buying opportunity.