SAHARA Token Plunges 18% After Binance Listing Amid High Volatility and $800M Trading Surge

SAHARA (SAHARAUSDT) experienced significant price volatility following its listing on Binance and other major exchanges on June 26, 2025. The token's price dropped 18.05% in the past 24 hours, currently trading at $0.08217 with a 24-hour open of $0.10027. This sharp decline is primarily attributed to aggressive profit-taking and heavy sell-offs after an initial surge, which saw the price reach an all-time high of $0.147894. The rapid price correction followed a period of heightened investor interest, driven by major exchange listings and promotional events, but was exacerbated by broader market skepticism toward the sustainability of recent AI token gains. Trading volume remains high, ranging between $570 million and $800 million, with a market cap of approximately $170 million and a circulating supply of 2.04 billion out of a total 10 billion tokens. Overall, the market for SAHARA is marked by extreme volatility and speculative trading, typical for newly listed tokens in the AI sector.