Sandbox’s SAND Surges 90% Since Start of Year Ahead of Token Unlock

Token unlocks, which are usually considered bearish events, appear to be having little effect on the price of Sandbox’s SAND token in the lead-up to releasing more supply. The project will be releasing 12% of the token’s supply, equivalent to around $273 million worth of SAND, to seed and strategic investors, according to Token Unlock, with half of the 12% going to investors, according to a report from Kaiko Research.

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• Source: https://www.coindesk.com/markets/2023/01/30/sandboxs-sand-surges-90-since-start-of-year-ahead-of-token-unlock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines