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Salman Khan-backed GARI Token wipes over 80% of investor wealth in 24 hours

Shortpedia

Content Team
Image Credit: shortpedia

Bringing back the troubling memories of Terra’s LUNA crash, Salman Khan-backed short video platform Chingari’s crypto token GARI has slumped over 80%. On July 4, 2022, at 9:37 PM, the token was trading at a value of $0.72 (INR 57), and exactly one hour later, the GARI token was trading at $0.13 (INR 10), further falling to $0.1 (INR 8) shortly before midnight, and reaching an all-time low of $0.09 (INR 7).