Deep Dive
1. Aptos Ecosystem Growth (Bullish Impact)
Overview: GARI gained attention as a highlighted token in Aptos’ expanding ecosystem, per a NullTX article from July 10. Its integration with the Chingari app (50M+ users) positions it as a gateway for India’s Web3 creator economy.
What this means: Aptos’ focus on scalable infrastructure and DeFi growth has drawn speculative capital to low-cap ecosystem tokens like GARI. With Aptos’ total value locked (TVL) rising 18% in Q3 2025, GARI benefits from indirect network effects.
2. Mixed Technical Signals (Neutral Impact)
Overview: GARI trades at $0.00671, above its 7-day SMA ($0.00637) but below the 23.6% Fibonacci retracement ($0.01438). The MACD histogram (-0.00019789) signals bearish momentum, while RSI 54.88 suggests neutral conditions.
What this means: Short-term traders may be capitalizing on oversold conditions after GARI’s 30-day rally. The 141% spike in 24h volume to $1.3M confirms renewed interest, but resistance at $0.007 (August 2025 highs) could limit upside.
What to watch: A sustained break above the 7-day EMA ($0.00675) may signal bullish continuation.
3. Exchange-Driven Liquidity (Bullish Impact)
Overview: Despite CoinW delisting GARI/USDT in June 2025, listings on Kraken and KuCoin (per July 10 data) provided sustained access for retail traders. Retail activity dominates, with 85% of GARI’s volume coming from platforms like PancakeSwap.
What this means: Listings on tier-2 exchanges reduce reliance on volatile DEX liquidity, though concentrated holdings (top 10 wallets control 54.5% of supply) heighten volatility risks.
Conclusion
GARI’s 24h gain reflects Aptos ecosystem momentum and technical traders eyeing oversold conditions, though MACD divergence warns of pullback risks. Retail inflows via mid-tier exchanges provide short-term support, but the token remains vulnerable to broader market sentiment shifts.
Key watch: Can GARI hold above $0.0065 (July 2025 support) if Aptos’ TVL growth slows this week?