SAND Rockets 55% in a Day, Outpaces Market Giants with $1.91 Billion Volume

BE[IN]CRYPTO11-25 00:30

SAND’s price has jumped 55% to $0.62, fueled by $1.91B in trading volume and record daily transactions. Exchange withdrawals have spiked, hitting a 17-month high of 877, signaling investor confidence...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSAND Rockets 55% in a Day, Outpaces Market Giants with $1.91 Billion Volume\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/sand-token-price-rockets/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAND’s price has jumped 55% to $0.62, fueled by $1.91B in trading volume and record daily transactions. \nExchange withdrawals have spiked, hitting a 17-month high of 877, signaling investor confidence...</p>\n\n<a href=\"https://beincrypto.com/sand-token-price-rockets/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4017","symbol_name":"黄金","start_time":0,"source_url":"https://beincrypto.com/sand-token-price-rockets/","article_id":"2486019718","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/06/bic_Sandbox_SAND_1-covers_bullish-850x478.jpg.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486019718","pubTimestamp":1732465800,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"SAND’s price has jumped 55% to $0.62, fueled by $1.91B in trading volume and record daily transactions.Exchange withdrawals have spiked, hitting a 17-month high of 877, signaling investor confidence and potential long-term holding.Resistance at $0.66 looms, with sustained momentum targeting further gains; weakening sentiment could push SAND to $0.56 support.SAND, the token powering the metaverse platform The Sandbox, has seen a meteoric rise, surging 55% in the past 24 hours. This performance far outpaces leading assets like Bitcoin and Ethereum, which each gained just 1% during the same period. SAND’s trading volume has also skyrocketed, surpassing $1.91 billion — a climb of over 500% in 24 hours.On-chain data has shown a significant increase in daily SAND transactions and a decrease in selling pressure. These factors suggest the potential for a sustained rally.Conversely, if bullish sentiment wanes and selling pressure strengthens, the SAND token price may plunge toward support at $0","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4017":"黄金","SAND":"沙尘暴黄金"},"translate_title":"SAND一日暴涨55%，成交额19.1亿美元超越市场巨头","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAND":1},"content_text":"SAND’s price has jumped 55% to $0.62, fueled by $1.91B in trading volume and record daily transactions. \nExchange withdrawals have spiked, hitting a 17-month high of 877, signaling investor confidence and potential long-term holding. \nResistance at $0.66 looms, with sustained momentum targeting further gains; weakening sentiment could push SAND to $0.56 support.\n\nSAND, the token powering the metaverse platform The Sandbox, has seen a meteoric rise, surging 55% in the past 24 hours. This performance far outpaces leading assets like Bitcoin and Ethereum, which each gained just 1% during the same period. SAND’s trading volume has also skyrocketed, surpassing $1.91 billion — a climb of over 500% in 24 hours.\nOn-chain data has shown a significant increase in daily SAND transactions and a decrease in selling pressure. These factors suggest the potential for a sustained rally. \nThe Sandbox Holders Adopt a Bullish Approach\nAccording to CryptoQuant’s data, the daily count of SAND transactions has rocketed over the past few days. For context, on November 23, 2,940 transactions involving SAND were completed, representing the highest count over the past seven days. \nThis is a bullish signal for the metaverse-based token because a surge in an asset’s transaction count indicates increased activity and interest. It signals higher demand and participation by market participants. Also, it suggests growing confidence in SAND’s price, potentially driving it further upward.\nSAND Transaction Count. Source: CryptoQuant\nAdditionally, a notable increase in exchange withdrawals for SAND has been observed. Per CryptoQuant’s data, the token’s exchange withdrawal transactions currently total 877, its single-day highest since June 2023. \nThe exchange withdrawing transaction metric tracks the number of cryptocurrency withdrawals from exchanges. A spike in this metric indicates that investors are moving their assets off exchanges. This is a bullish signal, suggesting increased confidence and a potential long-term holding trend.\nSAND Exchange Withdrawing Transactions. Source: CryptoQuant\nSAND Price Prediction: Rally Above $0.66?\nOn the daily chart, SAND is trading at $0.61, a level last seen in April. Its price currently sits below the resistance at its cycle peak of $0.66. If bullish momentum strengthens, SAND could rally toward this peak and reclaim it.\nSAND Price Analysis. Source: TradingView\nConversely, if bullish sentiment wanes and selling pressure strengthens, the SAND token price may plunge toward support at $0.56, invalidating this bullish outlook.\n\n\n\n\nTop crypto platforms | November 2024\n\n\n\nChainGPT\nExplore\n                      \n\n\n\n\n\nBYDFi\nNo KYC \n                      \n\n\n\n\n\nMargex\nExplore\n                      \n\n\n\n\n\nСoinex\nExplore\n                      \n\n\n\n\n\n\n\n\nTop crypto platforms | November 2024\n\n\nChainGPT\n\n\n\n\n\n\n\n\nBYDFi\n\n\n\n\n\n\n\n\nMargex\n\n\n\n\n\n\n\n\nСoinex","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486019718"}