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?
I don't really know to much about that exchange to be honest as i have not used it before and i also have to admit, that i even did not hear about it before, but that does not mean much. I would not worry to much about the price of it's token at the moment as we are still in a very shaky market right now and even though Bitcoin and the big Altcoins increased in value in the last few days they are still miles away from their ATH's of may 2021. We need a longer phase of a stable market that goes sideways and once we have achieved that i think that also smaller cap coins can slowly but surely begin to rise again. The important thing at the moment is, that the exchange keeps up working as intended and is satisfying their customers.