⛔️ Why did the price of currency $SAHARA drop ⛔️
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🔻 Reasons for the sudden drop in the price of SAHARA:
👈1- Large profit taking by early investors — After listing on major platforms (like Binance, KuCoin, etc.), a significant number of early token holders or those who received them through "airdrops" sold, taking advantage of the high price, which caused the supply in the market to exit quickly, while demand was not sufficient to support it.
👈2- Large quantities unlocked (Token Unlocks) — After the token was issued, a large portion of the supply was opened for trading without a strict vesting schedule, allowing some to sell quantities immediately, which increased pressure on the price.
👈3- Hype versus actual usage — Much attention was on SAHARA being a promising "decentralized AI platform", but so far the actual usage – infrastructure, real users, contracts/projects – does not reflect that hype, reducing its attractiveness to investors.
👈4- High volatility and large liquidity from the opening — Since SAHARA was launched on several major exchanges, liquidity was very high, making the price subject to severe fluctuations: mass selling, speculative trading, or margin trader "liquidations".
