Sahara AI Token Crashes Over 60% Amid Sudden Market Sell-Off, Team Launches Investigation
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SAHARA token plunged more than 60% in 24 hours, falling from about $0.03965 to an intraday low of $0.01333 and wiping out over $100 million in market value while trading volume spiked to $348.75M (+~250%). A cascade of liquidations and stop-loss triggers accelerated the sell-off even as Bitcoin gained, and Sahara AI says there was no security breach or insider selling and has launched an investigation. The crash heightens short-term crypto market risk and liquidity concerns for the token and traders.
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- SAHARA plunged over 60% in a sharp sell-off, erasing more than $100 million in market value.
- Liquidations and stop-loss triggers accelerated the decline as traders rushed to exit positions.
- Sahara AI says no security breach or insider selling occurred and is investigating the crash.
Sahara AI’s native token, SAHARA, suffered a dramatic crash. The token plunged more than 60% in a short period, wiping out over $100 million in market value as panic selling swept through the market.
Data cited by market observers showed SAHARA fell from about $0.03965 to a new all-time low of $0.01333 within 24 hours. At press time, the coin is trading at $0.01781 and has a trading volume of $348.75M, an increase of around 250%.
Cascade of Liquidations
The decline was notable because it happened while Bitcoin moved higher. During the same period, Bitcoin gained roughly 0.70%, sug…
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In This News
Coins
$ 63.04K
+0.29%$ 0.0078
+0.48%Predictions Markets
See what traders are focused on
Share:
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