Sahara AI says bridge me, not dump me, as SAHARA takes a 60% nosedive ðŸ«
Sahara AI has pushed back against accusations that its team triggered a roughly 60% drop in the price of its native SAHARA token, stating that no team tokens have been sold. The Binance Labs-backed project attributed the sell-off to scheduled bridge activity rather than insider dumping, saying the transfers cited as the cause of today's price movement were "a pre-scheduled fill of our Chainlink CCIP bridge contract to provide liquidity for our recently launched cross-chain bridge." The team added, "This is unrelated to the market movement."
According to the project, the scheduled transfer involved 600 million SAHARA, with an additional 150 million SAHARA set to be deposited to deepen bridge liquidity. Sahara AI also ruled out a security incident, stating, "There are no security issues on our token contracts or products," and confirmed it had launched an internal investigation to better understand the drivers behind the fluctuation. The June crash echoes an earlier episode in November 2025, when SAHARA also shed about 60% of its value.
The token was down as much as 65% intraday before losses moderated to roughly 45%. Market observers pointed to a $0.02 price floor that has acted as key support in Q2 2026, noting that a sustained recovery would depend on bulls defending that level. Exchange selling pressure dropped sharply by 30% during the period, suggesting the initial wave of selling was tapering off, though the token had not yet decisively reclaimed $0.02 as support.
Sahara AI was listed on Binance spot markets in June 2025 and counts Binance Labs, Polychain Capital and Pantera Capital among its backers. The project operates as a decentralized AI marketplace that enables creators to earn revenue from renting out their AI agents.
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