On the night of November 29, the Sahara AI project's SAHARA Token experienced a sharp drop of up to 50% in a short period of time, surprising the crypto community and causing concern about the possibility of an attack or market manipulation. Market data shows that SAHARA plunged to about $0.03468, bringing its market Capital to about $106 million before recovering slightly to $0.04. This shocking development quickly made SAHARA the Token with the strongest price drop in the past 24 hours on Binance and the center of discussion in the community.
Hours after the price incident, Sahara AI confirmed that it had detected unusual fluctuations and immediately launched an internal investigation. The project also reassured users that the platform had no security risks, technical errors, or product-related issues, and that it would provide more information once the review was complete. This affirmation was intended to ease investors' concerns, especially in the context of many AI projects recently being repeatedly suspected of unusual trading behavior.
Sahara AI is an artificial intelligence platform that aims to build a decentralized AI infrastructure ecosystem, combining blockchain technology to optimize data processing, AI models, and AI applications for businesses and individual users. The project is known for its hybrid model of AI and SAHARA Token , allowing users to participate in the network, use resources, or access AI services. The project has Capital $49 million from many large funds such as Pantera Capital, Polychain, and YZi Labs.
Not long before, in the early morning of November 20, the NIL Token price of the AI Nillion project suddenly 'plummeted' from $0.186 to $0.082, marking a decrease of more than 52%. Currently, the price has recovered to $0.11, still significantly lower than the initial level. The project also spoke up to reassure the community, affirming that the entire system, team wallets as well as treasury wallets are completely safe, there have been no internal transactions that could lead to strong fluctuations in the market. The Nillion network is still operating normally and is not affected by this incident.
