Late last week, The Sandbox (SAND) cryptocurrency associated with a ‘Metaverse’ project of the same name saw an unexpected and sudden upsurge that took it approximately 63.64% higher, from $0.044 to $0.072.

The rally continued one day later after a brief correction, bringing the token to $0.081 by October 3 and, even after the subsequent downturn to $0.073, SAND remains up 68.82% on the weekly chart. 

Notably, the move is entirely attributable to three cryptocurrency exchanges – Upbit, Bithumb, and Coinone – lifting a trading caution designation from The Sandbox that they placed in August.

According to an October 2 Bithumb announcement, the…