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?
The all time high you are talking about only lasted for a few minutes. I was watching the rally and i was surprised to see the rally to begin with because i was holding a large number of coins and the beauty of that is the coins i was holding were dropped to me by the exchange because i was trading large amount of coins and hence it was a bonus for me and i booked my profit and after that i am having the coins as they keeps on unlocking the coins but i am not touching them unless we see a trend reversal.