The SAHARA token, the cryptocurrency of Sahara AI, plummeted nearly 60 percent over the last 24 hours, falling to around $0.016. Earlier in the day, the token traded close to $0.035 but underwent a sharp drop, coming close to its all-time low at $0.01355. The steep decline signaled a rapid surge in selling pressure across the market.
Sahara AI token plunges 60 percent in 24 hours
Heavy trading volume stirs attention
According to available data, SAHARA saw approximately $215 million in trading volume within a single day. This figure was over four times its $49 million market capitalization, revealing an unusual disconnect. The vast gap between volume and market cap painted a picture of intense capital outflows and an overstressed market.
Sahara AI is recognized as a blockchain project with a focus on artificial intelligence. In a statement published on X, the project team asserted that no security vulnerabilities exist within its smart contracts or products. Notably, the team’s messaging was identical to statements shared during a major price drop from $0.07 to $0.04 on November 29, 2025.
The team clarified that all allocations in team and investor wallets remain undisturbed on-chain. Transfers causing concern were linked to a preplanned Chainlink CCIP bridge contract operation to supply liquidity for a newly launched cross-chain bridge.
600 million token transfer sparks discussion
Following the crash, several market observers pointed to a large 600 million SAHARA transfer as a likely factor in the intense selling pressure. The team responded by stating that a completed review found team and investor holdings did not move on-chain. The statement further emphasized that the transfer was part of a planned initiative to support token interoperability across multiple blockchains.
Mini glossary: Chainlink CCIP is an interoperability protocol enabling transfers of data and tokens across different blockchains. Adding liquidity to a bridge contract can facilitate smoother movement of assets across multiple networks.
In the team’s statement, Sahara AI reiterated, “All team and investor wallet allocations are completely intact on-chain. No team or investor tokens have been sold or transferred.” The company maintained that the day’s notable transfers were executed purely to provide liquidity for the newly introduced cross-chain bridge.
Losses deepen since June launch
With the latest sell-off, SAHARA has now dropped about 75 percent since launching in June 2025. The token has thus surrendered most of its value within a few months of entering the market, and the most recent cascade has highlighted its persistent weakness.
After the official statements, market participants continued to monitor on-chain activity and further bridge operations. The strikingly high volumes, the notable transfers, and the reposting of identical language used during previous declines have all fueled growing debate around SAHARA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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