Chingari’s GARI Cryptocurrency Now Has Over A Quarter Of A Million Hodlers

Just six months after its launch, the GARI cryptocurrency launched by Chingari has staked its claim as the second-most popular token on the Solana blockchain with more than a quarter of a million holders. That’s according to data from GenX Analytics, which shows there are now 238,000 individual GARI token holders, putting it behind only the KIN token – which has 2.9 million holders – in the overall Solana popularity stakes. It’s well ahead of the chasing pack too, with SOLCHICKS, the third-most widely held token on Solana, counting just 92,000 total holders. GARI’s astonishing....

“What Axie Infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says. Indian short-video sharing platform Chingari is preparing to launch its own blockchain network and social token.Chingari has completed a $19-million funding round to launch its mainnet and conduct a token sale for its Solana-based GARI token in November, the firm announced on Friday.Chingari co-founder and CEO Sumit Ghosh said that the token sale is scheduled for Nov. 2, while the mainnet launch and application integration are expected to have gone live by the end of that....

The biggest champion of cryptocurrency in social media, Chingari, is now offering an income stream to millions of creators and users of its short video sharing app. India’s TikTok clone has just announced that its GARI Mining program is now live, meaning creators and users of the platform have a way to earn cryptocurrency from doing what they love – creating funny videos, watching them and sharing their favorites with other users. Under the program, Chingari users will be able to obtain rewards, paid out in $GARI tokens, by completing a range of daily activities such as logging into....

GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari. The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, caught up to GARI token as it tanked over 83% in value in a matter of hours on June 4. While GARI Network brushed off the development as a “market event,” investors suspect a rug pull event. GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help....

One of India’s top crypto prospects, the GARI Network, is enduring a rough ride at the moment as it struggles to regain momentum after an epic crash in value. Earlier this month the GARI token was plodding along nicely, mirroring a wider crypto market that’s consistently been moving sideways in recent weeks. That was until […]