The final 20 days have been significantly bearish particularly after July’s spectacular run that despatched many cryptocurrency property logging new worth highs. The main coin, Bitcoin [BTC], has declined by 9%. Ethereum [ETH] has additionally dropped by 3% for the reason that starting of the month. Metaverse tokens haven’t been spared, as many have posted double-digit losses for the reason that starting of this month. Amongst them is Sandbox [SAND], which has dropped by 24% since 1 August. Previously seven days alone, the token declined by 22.13%, information from CoinMarketCap confirmed. 

Not a lot to sit up for right here

Because the token’s worth fell within the final week, buying and selling exercise on the community additionally declined. Per information from Santiment, buying and selling quantity for SAND had gone down by over 25% within the final week.

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