Gari Network price forecast: can the GARI token reach $1?

2022-2-4 16:56

Gari Network GARI/USD is the monetary and governance token of one of India’s leading video-sharing platforms known as Chingari.

The GARI token essentially incentivizes creators and fans to monetize their content through digital means, as they get rewarded through playing games within the app, watching videos, and engaging with creators.

The Gari Network developments and roadmap as catalysts for growth

The GARI Project weekly update #6 gave us insights into exactly what has been going on within the network.

Specifically, as of Q1 of 2022, the Gari Network successfully deployed smart contracts on the mainnet, got listed on 13 major exchanges, and established the GARI Hacker House.

They also revised the roadmap, where we can expect a Wallet Launch on February 7, 2022, as well as a GARI Airdrop Campaign Distribution.

Going forward, they will also introduce GARI staking, the GARI NFT Drop, and a South-East Asia Launch.

It is clear that a lot of development is going towards making this project a huge success; however, to truly see what all of these updates meant for the network, we will be going over the performance of its price.

Should you buy Gari Network (GARI)?

On February 2, 2022, Gari Network (GARI) had a value of $0.65155.

To get a better perspective as to what this value point means for the GARI token, we will be going over it’s all-time high value, as well as its performance throughout the previous month.

The Gari Network (GARI) token’s all-time high value was on January 18, 2022, when it reached a value of $0.782633, while its lowest point was on January 24, when it had a value of $0.261352.

From the span of January 18 to January 24, the token decreased in value by $0.521281 or 66%.

However, from January 24 to February 2, the token increased in value by $0.390198 or by 149%.

At its ATH, the token was $0.131083 higher in value than it was on February 2, 2022.

What this indicates is that GARI has a lot of room to grow in value, and with its current developments, and especially with its South-East Asia Launch planned for the end of Q1, 2022, we can expect the GARI token to reach a value of $1 by the end of March 2022.

With all of this in mind, GARI is an excellent buy at $0.65155.

The post Gari Network price forecast: can the GARI token reach $1? appeared first on Invezz.

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