The Sandbox [$SAND] is down more than 10% in the past 24 hours, leading all major gaming tokens in daily drawdown. The altcoin surged by more than 80% in the month of September.
Why is The Sandbox down today?
In the past week alone, The Sandbox gained over 68% as the gaming sector surged. Now, the sector appears to be in a correction phase that began at the start of October.
The trading volume of the sector plunged by 23% in the past 24 hours, reaching $887 million. The market cap of the sector is down by a percent to around $7.50 billion.
