Key Highlights
Sahara AI’s SAHARA token fell ~45% following a sharp wick down on Binance.
Price fell from an intraday high of $0.081 to $0.034, according to Binance market data.
The project has not issued a public statement regarding the volatility.
Sahara AI’s token, SAHARA, experienced a steep price crash late on November 29, with Binance market data showing a sharp move at around 23:24 UTC+8. The token fell from its 24-hour high of $0.081 to an intraday low of $0.034, a drawdown of roughly 45.6%.
At the time of writing, the token was trading near $0.044, reflecting partial recovery but still well below previous levels.
Sahara AI Price | Source: Binance
The cause of the sudden move remains unclear. Sahara AI has not released any public response regarding the price action or potential liquidity issues.
Public fundraising data shows that Sahara AI had previously raised $40 million from major investors, including Pantera Capital, Polychain Capital, and ZF Labs.
More details are expected as the team or exchanges address the abnormal trading activity
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