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news2h ago

Sahara Crashes 60% As Team Launches Investigation

Sahara AI's $SAHARA token fell more than 60% amid unusual market volatility. The project team says there are no known security issues and is actively investigating the cause.

Sahara Crashes 60% As Team Launches Investigation

Sharp Drop Triggers Internal Review

Sahara AI (@SaharaAI) and its native token $SAHARA came under heavy selling pressure, shedding more than 60% of its value amid a wave of unusual market volatility. The project team moved quickly to address the situation, confirming it has launched an internal investigation into the cause of the move.

In a statement to the community, officials said there are no known security issues affecting the token or its underlying products. Smart contracts and core infrastructure have not been flagged as compromised, and the team stressed that the drop does not appear to be the result of any exploit or breach. Monitoring of the situation is ongoing.

No Security Breach, But Cause Still Under Review

The team said it is actively reviewing what drove the sudden price action and has not yet identified a confirmed cause. Officials indicated they would provide further updates once more information is verified.

This is not the first time SAHARA has faced severe volatility. A sharp drop in late 2025 was attributed to the unwind of a large, active market maker's book, which signalled a liquidity stress event as risk controls were triggered and positions were liquidated, amplifying selling pressure on the token. At that time, the team reviewed and confirmed that all token smart contracts and core infrastructure were secure, with no signs of exploits or breaches.

The project has also pointed to its token unlock schedule as evidence that insider selling is not a factor. According to CoinGecko, SAHARA's next token unlock is scheduled for June 26, which will release 1.03 billion tokens, representing 10% of the total supply.

For now, the team has urged patience while the investigation continues, reaffirming that operations and product development remain on track. Traders and holders are watching closely for further disclosures.

Sources:
Cryptopolitan: Market maker blamed for Sahara AI token crash
CoinGecko: Sahara AI (SAHARA) price and token data

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Author

Soumen Datta profile photoSoumen Datta

Soumen has been a crypto researcher since 2020 and holds a master’s in Physics. His writing and research has been published by publications such as CryptoSlate and DailyCoin, as well as BSCN. His areas of focus include Bitcoin, DeFi, and high-potential altcoins like Ethereum, Solana, XRP, and Chainlink. He combines analytical depth with journalistic clarity to deliver insights for both newcomers and seasoned crypto readers.

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