đ¨ $SAHARA just launchedâand it already looks overpriced.
đ 1 billion tokens in initial supply is no joke.
đ° At $0.12 per token, thatâs a $120 million valuation right from the startâ
with no price history, no support levels, and no cooling-off period.
That kind of math doesnât sit right.
It feels like pure hype... and hype has a short shelf life.
This could be a textbook short setup. đâ ď¸
đ Key Highlights
Token supply: Massiveâinitial circulating supply around 2.04 billion, out of a 10 billion total.
Price & valuation: At launch, $0.12/tok = $1.2 billion fully diluted. Actual price later surged to ~$0.31, pushing FDV above $3 billion.
No vesting: 100% of tokens were unlocked at launchâno lockup = instant sell pressure.
Listed on major exchanges: Binance, Gate.io, and othersâfueling hype and early speculation.
â ď¸ Why Traders Are Wary
Thereâs no established support, and price discovery is purely driven by emotion right now.
Tokenomics favor insidersâearly buyers or airdrop recipients may take profits quickly.
Overvalued? The project isnât live yetâno mainnet, no users, no revenue.
TL;DR:
$SAHARA is riding the wave of attention, but with shaky fundamentals, full token unlock, and a high market cap from day one⌠itâs likely to face selling pressure soon.