SAHARA Token Soars 40,000% on Major Exchange Debuts, Then Drops 73% Amid Airdrop Frenzy

SAHARAUSDT experienced significant price volatility over the last 24 hours, primarily driven by its simultaneous debut on multiple major exchanges—including Binance, OKX, Upbit, and others—on June 26, 2025, alongside the launch of a large-scale airdrop to BNB stakers. The initial surge in price, with SAHARA rising over 40,000% after the Binance Alpha listing announcement, was fueled by heightened market anticipation and speculative trading activity. However, the subsequent rapid price decline of over 73% within hours was attributed to intense selling pressure, profit-taking following the airdrop distribution, and increased circulating supply entering the market. Additional volatility was observed as new airdrop phases went live, further impacting short-term price stability.

As of the latest Binance data, SAHARAUSDT is trading at $0.08684, with a 24-hour opening price of $0.02000, reflecting a 334.20% increase. Trading volumes remain exceptionally high, with market capitalization estimates between $163 million and $173 million based on a circulating supply of 2.04 billion SAHARA out of a total 10 billion. The token’s debut on leading exchanges, strong trading activity, and recent airdrop events are the primary factors influencing current market dynamics.