Post
Topic
Board Altcoin Discussion
Re: wrx token going continue down, why?
by
Flexystar
on 22/03/2022, 13:27:25 UTC
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?

When they finalised the budget in India, I think they made it clear that Crypto is no more illegal in India and thats why soon after Indian Market was flooded with huge number of crypto exchangers. They have put great deal of investment into the apps,  promotions and web versions of exchangers.

Honestly speaking they are far better than WazirX as far as the review sites are telling. The problem with the later one is, they are not evolving at all. All they are doing is spending on in app purchase promotions. They have no advertisements running elsewhere or on the TV commercials and they are not even being sponsors in the games in India. This is being done by other Crypto Exchangers and thats why they are gaining more popularity.