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May 30, 2020, 10:35:56 PM |
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I think this is also due to the impact of the Wazirx that works with several platforms and provides many developments that can have an effect that can bring the price up, like some other exchange platforms when it has good development it will be easy to raise the price.
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siddartha1492
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June 01, 2020, 09:10:18 AM |
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I'm personally a bit cautious of Indian origin tokens, especially the projects where team operates from India. Even though Supreme Court ruled in favour of crypto exchanges, cryptocurrency itself is not legalized or regulated. It is still in gray area. If India passes anti-cryptocurrency bill, then all these tokens are going to zero, so there is quite some risk. But for short term profits, it is fine I guess.
Yeah it's true that some of the India based tokens are scams and it's good to be cautious about it. But in this case, if you are cautious about WRX coin, you have to be cautious about BNB and Binance too. Because, WRX coin is a token of WazirX exchange which has been acquired by Binance. So, if WRX end up being a scam, BNB will follow. It's not about the token being scam or team being fraud. But simply that if Indian Govt. totally bans crypto, then it will be a problem for WazirX team which will obviously transfer to the coin also.
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gweedo
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June 01, 2020, 02:26:42 PM |
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This coin would be the next bnb for sure it will go to the moon in the future reaching dollars.. for now let's grab this opportunity to buy cheap coin and hold for long.
Agree, its price will certainly move like Binance in the past. So take a little budget and invest in this project, I believe people will never be disappointed when investing in this project.
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Mammothcoin
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KoinPro
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June 01, 2020, 04:37:58 PM |
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With the legalization of cryptocurrency in India, it is only logical for the prices of Indian projects to increase as a result of further adoption. Also, Wazirx is one of the Indian cryptocurrency projects supported by Binance so it is only expected for it to skyrocket.
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Hidden Heart
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June 01, 2020, 05:12:55 PM |
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I Don't have any more Idea about Wazirax exchange coin WRX, Many people said That, this coin not a very Good, and not will'be Valuable on Futur, And some people said that The wazirax is very goodConcep.
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coinfinger
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June 01, 2020, 05:16:20 PM |
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It's not about the token being scam or team being fraud. But simply that if Indian Govt. totally bans crypto, then it will be a problem for WazirX team which will obviously transfer to the coin also.
I read wazirx was acquired by binance which means they are no more legally bind with India government. So, I believe they transfer or do anything as per their wish regardless of whatever laws/restrictions India government will be bringing up. In my understanding wazirx is now an international exchange under the binance umbrella. So, do not need to worry about any India government or its federal banks's restrictions. Wazirx is one of the Indian cryptocurrency projects supported by Binance so it is only expected for it to skyrocket.
It was an Indian project but not any more. Binance is not supporting wazirx exchange but they have bought it to own in all means. Binance is the sole owner of wazirx and its operation hence wazirx is no more an India based project but its operation is still focusing on crypto users of India.
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Wingsbtc
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June 01, 2020, 06:06:38 PM |
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I think it's just a pump. a new coin that has recently appeared on the market is very influenced by the news. Now WRX pumped very quickly, but in a few days, you will see its dump. don't buy it right now. the best thing is to wait
Wazirx is the biggest exchange from India and it will grow bigger since interest in crypto is very huge over there, it think it's a good opportunity to buy this coin, early investors will eat the fattest bone soon, WRX coin will be demanding in near future, it's an exchange token and that's a big real use case
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ScamViruS
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June 01, 2020, 06:20:14 PM |
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There is a possibility of wazirx in India. Because crypto is now legal in India. And wazirx will get the most benefit from it, because it is a partner with binance. And binance is very popular in the crypto market. But I am a little worried about the total supply of wrx coin. Less than 10x of their total supply is currently on the market. And the rest of the coins are hold by the team! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FVBxJ3Ch%2F20200602-001816.jpg&t=665&c=F8GBqofcA2w2ug)
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Pecunia non olet
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June 01, 2020, 07:05:44 PM |
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Hours after the top Indian court cancelled the ban of crypto currency this coin is over the moon, a massive pump of 60% within a day is a real shock to the entire crypto forum.
WRX is the native token of India and also a popular peer-to-peer digital assets exchange, guys just keep an eye on this I believe it will pump more and more.
What brings a value to this coin/token? They do not plant to make own blockchain and DEX right? So people are buying it only because the platform is being a popular?
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tycsols
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June 01, 2020, 07:38:12 PM |
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Hours after the top Indian court cancelled the ban of crypto currency this coin is over the moon, a massive pump of 60% within a day is a real shock to the entire crypto forum.
WRX is the native token of India and also a popular peer-to-peer digital assets exchange, guys just keep an eye on this I believe it will pump more and more.
It was bound to happen and i think it still has potential because now it is officially under the partnership and umbrella of binance group which is the biggest name in crypto trading market. Secondly please correct your statement please, wrx is the token of wazirx platform not India. We know india is a huge market and after corona this market will flourish even more regarding crypto investments.
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ZincUnrated
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June 01, 2020, 07:46:29 PM |
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Wazirx has received some notable mentions across the crypto space in recent times, Personally, I think this token is overrated and is only getting the current recognition due to binance. It still appears to me as a pump and dump token with all of its buzz dying down at some point. I might be wrong but I seriously think it isn't a worthy coin for investment.
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TheClownSong
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June 01, 2020, 11:05:18 PM |
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Wazirx has received some notable mentions across the crypto space in recent times, Personally, I think this token is overrated and is only getting the current recognition due to binance. It still appears to me as a pump and dump token with all of its buzz dying down at some point. I might be wrong but I seriously think it isn't a worthy coin for investment.
The large transaction volume at Binance makes this token its price soared compared to IEO prices. I think if transactions in India continue to grow, WRX prices will continue to rise and could be able to reach $ 1 in the future.
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TopT3ns
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June 01, 2020, 11:25:22 PM |
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Wazirx has received some notable mentions across the crypto space in recent times, Personally, I think this token is overrated and is only getting the current recognition due to binance. It still appears to me as a pump and dump token with all of its buzz dying down at some point. I might be wrong but I seriously think it isn't a worthy coin for investment.
The large transaction volume at Binance makes this token its price soared compared to IEO prices. I think if transactions in India continue to grow, WRX prices will continue to rise and could be able to reach $ 1 in the future. of course with the higher transactions occurring at the exchange place and more people using the exchange to make trades and other transactions, the more people will get to know the exchange place and more people will use it so that it can influence the coin the exchange site was developed.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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AmoreJaz
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June 01, 2020, 11:30:01 PM |
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whew! what just happened? its dropping hard. while bitcoin is soaring high, this one is going down hard. i dont think the OP will see over the moon here??? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQiUp20O.png&t=665&c=1xWkzxaFMQlpgg)
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qomariah95
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June 01, 2020, 11:43:02 PM |
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whew! what just happened? its dropping hard. while bitcoin is soaring high, this one is going down hard. i dont think the OP will see over the moon here??? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQiUp20O.png&t=665&c=1xWkzxaFMQlpgg) But now, I see it coming back again. The increase factor is certainly there, as now they are in collaboration with Cartesi for game competition. And several other factors also influence. But still, I have not invested in this coin. LOL ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FoBn4cxU.png&t=665&c=liXUVXFeHBhgvQ)
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marks1976
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June 02, 2020, 12:08:15 AM |
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This coin would be the next bnb for sure it will go to the moon in the future reaching dollars.. for now let's grab this opportunity to buy cheap coin and hold for long.
Agree, its price will certainly move like Binance in the past. So take a little budget and invest in this project, I believe people will never be disappointed when investing in this project. The movements that already showed by Wazir is not impressive as binance. I remember binance was always getting bullish momentum after it has been launched on its own exchange site. It's quite different with binance in term of how much ROI that has already made.
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pakhitheboss
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June 02, 2020, 07:14:54 AM |
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This coin would be the next bnb for sure it will go to the moon in the future reaching dollars.. for now let's grab this opportunity to buy cheap coin and hold for long.
Agree, its price will certainly move like Binance in the past. So take a little budget and invest in this project, I believe people will never be disappointed when investing in this project. The movements that already showed by Wazir is not impressive as binance. I remember binance was always getting bullish momentum after it has been launched on its own exchange site. It's quite different with binance in term of how much ROI that has already made. Do not compare it with Binance as WazirX is an Indian exchange whereas binance is a global exchange. Exchange based coins are dependent on the performance of the exchange. At the moment WazirX is far much better than other Indian exchange. Give it a little more time and you will see the positive results. It has only been few months now.
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Ken_terrance
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June 02, 2020, 07:20:12 AM |
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This coin would be the next bnb for sure it will go to the moon in the future reaching dollars.. for now let's grab this opportunity to buy cheap coin and hold for long.
Agree, its price will certainly move like Binance in the past. So take a little budget and invest in this project, I believe people will never be disappointed when investing in this project. The movements that already showed by Wazir is not impressive as binance. I remember binance was always getting bullish momentum after it has been launched on its own exchange site. It's quite different with binance in term of how much ROI that has already made. Do not compare it with Binance as WazirX is an Indian exchange whereas binance is a global exchange. Exchange based coins are dependent on the performance of the exchange. At the moment WazirX is far much better than other Indian exchange. Give it a little more time and you will see the positive results. It has only been few months now. Wazirx is not entitled to Indian users only, I have account on there and I'm not from India, wazirx is an exchange in the heart of India, and just because it reside in India doesn't mean only indians can trade on the exchange
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kakamrul
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June 02, 2020, 09:37:02 AM |
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Wazirx is good coin. But Wazirx has made me lose what I earned last year. But I didn't lose hope and tried my investments again with. so lets see.
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BuHoBeH
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June 03, 2020, 04:51:31 AM |
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This coin would be the next bnb for sure it will go to the moon in the future reaching dollars.. for now let's grab this opportunity to buy cheap coin and hold for long.
Agree, its price will certainly move like Binance in the past. So take a little budget and invest in this project, I believe people will never be disappointed when investing in this project. The movements that already showed by Wazir is not impressive as binance. I remember binance was always getting bullish momentum after it has been launched on its own exchange site. It's quite different with binance in term of how much ROI that has already made. Do not compare it with Binance as WazirX is an Indian exchange whereas binance is a global exchange. Exchange based coins are dependent on the performance of the exchange. At the moment WazirX is far much better than other Indian exchange. Give it a little more time and you will see the positive results. It has only been few months now. WazirX is a global exchange.
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