Binance, the world’s largest crypto exchange, recently added support for Sahara AI (SAHARA), a decentralized AI platform. This meant SAHARA was added to several Binance services including Simple Earn, Buy Crypto, Binance Convert, Margin, and Futures.
A Sudden Price Drop
Ironically, the news caused SAHARA’s price to plummet. It dropped over 32% in just a few hours, falling from a high of $0.141 to $0.096. Earlier in the week, SAHARA was also added to Binance Earn, a staking program.
Sahara AI’s Mission
According to Sahara AI’s litepaper, the project aims to solve problems with centralized AI platforms. They argue that centralized systems create privacy concerns, worsen economic inequality, and limit access to AI resources. Sahara AI wants to decentralize AI development and make it more accessible to everyone.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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