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Saturday, December 21, 2024 | 07:32 PM ISTEN Hindi

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Crypto coin that surged 3,100% in India cracks amid wider mkt meltdown

BlockAura's native token, called TBAC, has tumbled 90% to $3.03 from its all-time high of $32.30 in July, according to CoinGecko

Photo: Bloomberg
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Photo: Bloomberg

Suvashree Ghosh and Sidhartha Shukla | Bloomberg
Sanjay Kamble hit the jackpot when an obscure token he’d invested in surged about 3,100% in eight months. He ditched his dead-end marketing business this year and became a full-time crypto evangelist.
 
These days, the 51-year-old drives around in his new Toyota sedan — one he couldn’t afford a year ago — on the dusty streets of his home town in rural India, showing off his success from investing in BlockAura tokens. He exhorts farmers, teachers, housewives, friends, relatives and neighbors to join him, promising that their investment would grow threefold in 300 days.

“I don’t need a day job,”

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