Sahara AI’s $SAHARA token shocked many on November 29 when it plummeted by over 50% inside minutes, prompting hypothesis from group members about what occurred.
Extra data has come out since then, with a lot of the blame being centered on an unnamed market maker, because the challenge’s founder, Sean Ren, put ahead an announcement containing updates on X.
In accordance with the submit, the group has reviewed and confirmed that each one token sensible contracts and core infrastructures have been safe, with no indicators of exploits or breaches.
How the Sahara AI group is coping with the value crash
The submit additionally reassured readers that the value drop was not brought on by token unlock or promoting. “Our TGE occurred in June 2025. Unlock of core contributors & early backer tokens won’t occur till a yr later (June 2026), as per the unlock schedule: saharaai.com/weblog/sahara-to…,” Ren wrote on X.
He claims Sahara’s fundamentals stay unchanged, which implies that all operations, product improvement, and strategic priorities will proceed as deliberate with the purpose of making an agentic AI financial system with truthful worth circulation.
As for what it has deliberate for subsequent yr, Sahara says it’ll proceed to strengthen its AI infrastructure for skilled companies whereas increasing its enterprise in information labeling and domain-specific brokers.
It can additionally deal with creating agentic protocols to energy next-generation agent-to-agent interplay and income sharing and deploy “killer” crypto x AI purposes to take away frictions in crypto UX.
What occurred to the $SAHARA token?
Since Sahara AI’s $SAHARA launched earlier this yr on main exchanges, the token has seen its personal fair proportion of ups and downs. Nevertheless, this latest drop is its most severe in a while.
In accordance with CoinGecko information, the token fell from an intraday excessive of $0.081 to a low of $0.0346. On the time of this publication, the value was hovering within the $0.043 to 0.044 vary, down 42-45% within the final 24 hours, with a market cap of $107-108 million and 24-hour buying and selling quantity exceeding $378 million.
In accordance with Crypto Fearless, the sharp drop occurred amid the unwind of a big, lively market maker‘s guide and signaled a liquidity stress occasion as danger controls had been triggered and positions liquidated, amplifying promoting stress on the token.
The market maker reportedly had publicity to a number of notable tokens, together with MMT and SAHARA. After the alternate flagged what it known as uncommon market making in a single challenge, linked addresses had been recognized and restricted. The agency’s positions had been additionally liquidated in respect to the alternate’s danger governance framework, and analysts declare this vastly contributed to the submit‑occasion value transfer.
The incident has proven that whereas strengthened oversight and disciplined danger controls can mitigate cascading strikes, merchants nonetheless want to stay aware of counterparty danger and token liquidity in risky circumstances.
