SaharaAI responds to SAHARA price fluctuation: No security issues found, team and investor tokens have not been transferred or sold

Odaily Odaily SaharaAI responded to the abnormal market fluctuation of the SAHARA token, stating that the team has noted the situation and is monitoring it in real-time. Currently, no security issues have been found with the token contract or the product. An internal investigation has been initiated to further confirm the specific reasons for this price volatility.

SaharaAI emphasized that the token allocations in both the team and investor wallets have not changed on-chain, and no team or investor tokens have been sold or transferred.

Regarding the large on-chain transfers that caught the market's attention, the project team stated that the transfer believed to be related to this price fluctuation was actually a pre-planned operation. It was used to replenish liquidity for the cross-chain bridge contract based on Chainlink CCIP, in order to support the recently launched cross-chain bridge functionality. This transfer of 600 million SAHARA tokens was part of a pre-determined plan. The cross-chain bridge is operating normally, and an additional 150 million SAHARA tokens will be added as a liquidity supplement in the future.

SaharaAI stated that it is still investigating the reasons for the market anomaly and will disclose further progress once confirmable information is obtained.