Airdrops turn into "shorts," with project benefits becoming cash machines for insiders. From Sahara AI and aPriori to Irys and Tradoor, newly launched altcoins have been crashing one after another—halving in a single day, dropping more than 80%, and airdrops being heavily dumped, casting a shadow of decline over the crypto space. (Previous context: Meteora airdrop trust disaster: 4 whales grabbed 28.5%, over 60,000 retail investors only shared 7%) (Background supplement: Why are ICOs dominating on-chain fundraising again? The three underlying logics defeating airdrops) Airdrops turn into "shorts," with project benefits becoming cash machines for insiders. Although the market has warmed up somewhat recently, the crypto world has still been shrouded in a lingering gloom since the "1011 crash." What's particularly notable is that a batch of newly launched altcoins seem to have all been switched to "decline mode," repeatedly experiencing dramatic crashes: halving in a single day, dropping more than 8

Sahara's official response to the recent token fluctuation states that the rumors of "market maker abnormal operations" are untrue, confirming that the designated market makers Amber Group and Herring Global have shown no abnormal behavior. The reason for the fluctuation is attributed to large-scale perpetual futures liquidations and concentrated short positions, and the team will continue to communicate with the exchange and disclose more information.

Author: Hotcoin Research Cryptocurrency market performance Currently, the total market capitalization of cryptocurrencies is $3.09 trillion, with BTC accounting for 58.5%, which is $1.8 trillion. The market capitalization of stablecoins is $306.1 billion, having increased by 1.08% in the last 7 days. The number of stablecoins has reversed this week and is starting to show positive growth, primarily driven by Circle, with USDT accounting for 60.31%. Among the top 200 projects on CoinMarketCap, most have declined while a few have risen. Specifically: BTC has a 7-day decline of 0.78%, SOL has a 7-day decline of 2.23%, SAHARA has a 7-day decline of 12.05%, and AIOZ has a 7-day decline.

Sahara AI’s token dropped from $0.081 to $0.0376, marking a 57% decline from the 24-hour high and driving sharp market uncertainty. The asset traded near $0.04147 after a 42.6% 24-hour slide, holding above support at $0.03679 while remaining far below the $0.07503 resistance. The team reported an

According to Wu, based on Binance market data, the Sahara AI Token SAHARA experienced a big dump today at 23:24 UTC+8, with the price dropping to a low of 0.0346 USD. The current price is 0.0384 USD, with a 24-hour fall of 54.17%. The official response to this has not yet been made.

1. This week, a large amount of Token will be unlocked. In the next 7 days, there will be a single large unlock (unlock amount greater than 5 million USD) for HYPE XPL JUP KMNO OP ZORA H SAHARA, etc.; in the next 7 days, there will be a linear large unlock (daily unlock amount greater than 1 million USD) for SOL TRUMP WLD DOGE ASTER AVAX TAO ZEC ETHFI, etc., with a total unlock value exceeding 566 million USD. Read the original text 2. Reuters: Bitcoin mining in China is quietly making a comeback after the comprehensive ban in 2021. Bitcoin mining in China is quietly making a comeback after the nationwide ban in 2021. Hashrate

According to Wu, as reported by Coingecko, in the next 7 days, there will be a single large unlock (amounting to more than 5 million USD) for HYPE, XPL, JUP, KMNO, OP, ZORA, H, SAHARA, etc.; in the next 7 days, there will be a linear large unlock (daily unlock amount exceeding 1 million USD) for SOL, TRUMP, WLD, DOGE, ASTER, AVAX, TAO, ZEC.

During the Korea Blockchain Week event, there was a discussion that piqued the author's interest, titled "The Year of Launch Platforms." The speakers included Jason Teng, founder of Virtuals Protocol, Rodney Yesep, general partner of Hack VC, and Erick Zhang, founder of Nomad Capital. I am particularly concerned about Erick Zhang, who is also the founder of the ICO platform Buidlpad. The tokens launched by the platform include well-known projects such as Solayer, Sahara AI, Lombard, and Falcon Finance. He has also served as an executive at Binance and CoinMarketCap. Fair launches are subject to manipulation, and having unlock plans can further create incentive alignment. The future can allow

SAHARA token trades at $0.09061, showing a 1.1% gain with strong support at $0.08593 and immediate resistance at $0.09113. The market is in a tight range, and a breakout above or breakdown below these levels could define its next direction.

According to Tokenomist, there will be large unlock events in the next 7 days: Unlock single orders over 5 million USD: SUI, JUP, OP, KMNO, HUMA, VENOM, SOPH, ZETA, ALT, SAHARA and REZ. Unlock linear on 1 million USD/day: SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO and ENS. Total unlocked value