SAND, the native token of The Sandbox — a blockchain-based gaming platform owned by Animoca Brands — inched higher on Nov. 23, building on its gains made across November to reach another record high.

SAND’s priceIt rose to $5.64 following an intraday increase of 16.25%, but it was able to retrace some of its gains and trade at $5.54 when the author wrote. The move took the month-to-date and year-to-date gains of The Sandbox’s token to nearly 260% and over 14,700%, respectively, with its market capitalization crossing above $5 billion, making it the 41st-largest coin in the crypto sector.