Just saw Sahara AI posted an announcement: Don’t panic, the contract and product have no vulnerabilities, no hacking, just don’t know why it dropped nearly 60%.

SAHARA dropped from a high of $0.039 straight down to $0.015. Even the official team is confused, launching an internal investigation, with updates to follow.
June 26th just happens to be the one-year anniversary of the TGE, and investors’ tokens are about to be unlocked for the first time. Coincidentally, the market suddenly crashes at this time. Sahara itself said all contributor and investor tokens are currently fully locked, with no sudden unlocks or sales. But does the market believe it?
Now the token price is only $0.015. In 24 hours, it’s nearly a 60% drop, and the entire network’s contracts are likely liquidated, with longs waiting to be liquidated, probably enough to make exchanges take a hit. Sahara was a pretty good project before, but with this blow, community confidence is completely shattered. Ultimately, the founding team’s constant claims of “we’re fine” seem more like an admission—“we really don’t know how to stop either.”
I want to see how long this bottom can hold when investors unlock at the end of the month.