Why has $SAND risen more than 60%?
$SAND has surged more than 60% after South Korean exchanges removed their trading warnings on the token.
The warnings were added after the August security issue with The Sandbox's cross-chain bridge. After reviewing the situation, the exchanges decided to remove the warnings.
This led to a big increase in trading activity, with $SAND moving from around $0.045 to above $0.07. Trading volume also jumped as more buyers entered the market.
The Sandbox is also working on new updates, including easier access to its games through a browser and new tools for creators.
#Macro Insights#
$SAND has surged more than 60% after South Korean exchanges removed their trading warnings on the token.
The warnings were added after the August security issue with The Sandbox's cross-chain bridge. After reviewing the situation, the exchanges decided to remove the warnings.
This led to a big increase in trading activity, with $SAND moving from around $0.045 to above $0.07. Trading volume also jumped as more buyers entered the market.
The Sandbox is also working on new updates, including easier access to its games through a browser and new tools for creators.
#Macro Insights#
