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?
Same with TKO
But, this is not really bad because we also know that most altcoins are still dropping since the early year. Let's see most coins are right now still struggling very hard, moreover with the high volatility of Bitcoin that always give influence to the altcoin price.
Don't think too hard, if you can still hold the tokens, just hold it. They are exchange tokens that may have good fundamentals. Just consider the plus and minus of holding the tokens.
Be patient because the market still keeps struggling right now, facing all possibilities, FUD, and also sudden news that sometimes can drop and rise the crypto market as they like.
If you are a holder, just keep an eye on this trading platform. Because most alts really going down this year because of the btc market. It may be the crypto market itself. But if you see the trading platform is getting stronger, then, the hope of recovering its value is there. But if the owners are leaving or disappearing or the support is not active, that's when you need to get worried and get out. But if not, keep holding.