SAND Jumps 69% in a Week After Korean Exchanges Lift Trading Caution
- —SAND rose from $0.044 to $0.081 by October 3, then pulled back to $0.073
- —The 68.82% weekly gain followed the removal of the caution by Upbit, Bithumb and Coinone
- —The August caution came after an attacker minted $49 billion in unbacked SAND via Base and BNB Chain bridges
- —SAND trades 98.98% below its 2021 all-time high above $7
Why it matters: The rally is purely technical, driven by lifted exchange restrictions rather than user activity, so it may prove short-lived.
Source: Finbold