SAND Surges 61% After Korean Platforms Drop Trading Alert

The Sandbox token SAND posted one of the day’s strongest moves, climbing more than 61% and briefly touching 0.07 dollars.

Upbit, Bithumb and Coinone lifted the trading warning they had placed on the token in August over irregular minting on its cross-chain bridge and the related deposit and withdrawal curbs.

With the restrictions gone, buying pressure against the Korean won accelerated. At the same time, daily RSI has climbed above 77 and shorter time-frame readings are above 90, leaving the token vulnerable to profit-taking.

Based on information from https://cryptonews.net