Contract: 0x648a5382bdcf286e7ff5122d01a983db314e620a
Overview
Pacharan ($PANCHU) is one of the first tokens launched on the Arc chain, shortly after the Arc launchpad opened. The token recorded a market capitalisation of approximately $537,000.
Origin
The project came to attention after a viral post mocked one of the people behind it for being Indian. Many observers had not realised that Indian builders were behind the launch. A wave of racist commentary and coordinated negative sentiment followed.
Community response
In reaction, other users created a dedicated X account for the resulting meme and began organising to send funds to the individual who had been targeted, converting the incident into the token's core narrative.