Sandbox (SAND) refused to go lower despite broad negative market sentiment over the past 24 hours. Instead, the altcoin posted a breakout rally as traders evaluated its recent high-profile associations as a sign that the project has strong fundamentals.
SAND was up 10.23% at $3.38 at the close of UTC on Jan 27, followed by another 5.42% rally at $3.57 on Friday. On the contrary, () fell 1.41% in the same period of time.
Daily price chart of the pair. Source: TradingViewSAND Adoption Soars Traders decided to increase their exposure to SAND after the sandbar announced its partnership with US rapper Snoop Dogg and Warner Music, a major record label.
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