Wazirx is India's largest cryptoexchange. But for some time now, the value of its coin has been plummeting. 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?
Everything went down after bitcoin plummeted after reaching the ATH of $69k. No other reasons but when the market goes like that, see to it that all of the crypto assets are going to go down because of bitcoin. So if you're going to look at any reason why it has plummeted, the first reason is its relation with bitcoin. It's not the only altcoin that had fell down after hitting the ATH.