Wazirx is India's largest cryptoexchange. But for some time now, the value of its coin has been plummeting.
That means if wazir didn't bring a huge progress on its exchange site. As far as I know that wazir act as a child company for binance to give a service to the indian and this is also happening with another child exchange site as the demand is still focusing into the major exchange site. You can even take a look at some local exchange site as well. their tokens have the same performance.
Its all time high was about four to five dollars. Even though it has been going down for almost six to eight months now, do you know the reason?
Yeah that looks so frustrate to see that the price has been plummeting a lot. I expect this needs long term to recover. The demand for wazir already done and it needs to regained it again.
There are various reason triggering such thing to happen with wazir.