Sahara AI Token Plummets 60% Post Listing on Binance, Upbit

Coin WorldThursday, Jun 26, 2025 11:44 am ET
1min read

SAHARA, the native token of the artificial intelligence-focused blockchain platform Sahara AI, experienced a dramatic price decline of over 60% following its listings on major cryptocurrency exchanges Binance and Upbit. The token's price plummeted from a high of $0.31 to around $0.10, reflecting a significant post-listing sell-off.

Sahara AI is designed to accelerate the transition to an AI-driven future, with its native token powering various functionalities across the platform's ecosystem. The token has a maximum supply of 10 billion, with a significant portion allocated to community growth, ecosystem development, and public participation. Despite the mainnet being under development, the token is already live on

and the Smart Chain, offering utilities such as network access, payment of gas fees, staking, and governance voting.

The listings on Binance and Upbit, along with other exchanges like Bitget and Bithumb, were anticipated to boost the token's visibility and accessibility. Binance added SAHARA to its platform across various services, including Earn, Buy Crypto, Convert, Margin, and Futures, with perpetual contracts offering up to 75x leverage. Bitget also announced support for SAHARA futures with up to 50x leverage and trading bot support. Upbit and Bithumb introduced spot trading pairs with Bitcoin, Tether, and the Korean Won.

The sell-off to lows of $0.10 followed the launch of the USDS-M SAHARA perpetual contract on Binance Futures. The buildup of anticipation ahead of the launch provided traders with an opportunity to take profits amid the new trading opportunities. This rapid price movement highlights the volatility and unpredictability of the cryptocurrency market, where investor sentiment and market dynamics can lead to rapid and substantial price changes. The sudden decline in SAHARA's price could be attributed to several factors, including profit-taking by early investors who had seen significant gains, market corrections following the initial hype, or concerns about the project's fundamentals and long-term viability. The event underscores the importance of thorough due diligence and risk management for investors navigating the cryptocurrency landscape.