[WRX] WazirX Speculation

[BuHoBeH]

We have big news! WRX is listed on Poloniex

[Btc_1856]

https://blog.wazirx.com/1st-quarter-wrx-burn-event/

What was the total amount they burned during their first quarter after listing, because Binance exchange is also doing the same thing, they will burn the coin on the quarterly manner and it will help the Binance coin to increase the price more than 40$ at one stage. In the same way, the WRX is following the same model.

[LbtalkL]

Since this platform has been acquired by Binance it has a bright future and it is already doing well now. Binance is really a huge contributor to the crypto community right now and I guess it will continue. This project is based on India, There are some rumors that India will ban cryptocurrency again  after recently unbanning it I don't know if it's real but I hope not It will really affect this project for sure.

[Shasha80]

WRX tokens are among the new projects that we should pay attention to, because I am sure WRX will become a potential token in the future.
Besides WRX are on the Binance blockchain, WazirX is a developer WRX token which is a local exchange of the Indian state. By knowing these
2 things it should be has convinced us that WRX tokens are very profitable for long-term investment. Although the price of all time high
WRX is at $ 0.22 but I'm sure next year WRX can reach $ 1.

[Lordhermes]

WazirX became popular immediately been acquired by Binance teams, now has a good market capitalisation and listed on several good exchange now under the influence of Binance. What's really the aim of binance in acquiring crypto companies.

[bangdol]

WazirX became popular immediately been acquired by Binance teams, now has a good market capitalisation and listed on several good exchange now under the influence of Binance. What's really the aim of binance in acquiring crypto companies.

although the platform is not much different from binance. but this has a good aim to get more crypto traders and investors. New and fresh projects will surely attract new investors. this is what binance does. they hope that more crypto adoption will occur in the market with the arrival of new people.

[BuHoBeH]

The first WRX burn is all set to happen on Sunday, 5th July 2020.

[junkerr]

The first WRX burn is all set to happen on Sunday, 5th July 2020.

does that mean WRX will be like the BNB doing inventory reductions every quarter? good maintenance for the community and investors. their market will be good when regular updates are done continuously.

[BuHoBeH]

Now you can move USDT, BTC, BNB & WRX between your WazirX & Binance wallets instantly for ZERO FEE.

[BuHoBeH]

[mdzahed134]

This is not really a recent news, which happened months ago and there is also a little hype created but not much as expected so there is only a small bump.I don't think it will be a potential coin like BNB but still a good investment for midterm.

I haven’t seen enough promotion regarding these project, likes they didn’t conducted bounty campaign. But WazriX is big project which introduced through Binance. It’s too much earlier who's considering a competitor between WRX and BNB. This exchange are improving very speedy almost 100+ cryptocurrencies are added in this exchange.                       

[omnik]

The first WRX burn is all set to happen on Sunday, 5th July 2020.

does that mean WRX will be like the BNB doing inventory reductions every quarter? good maintenance for the community and investors. their market will be good when regular updates are done continuously.

It should be the main target that has already promised by the developers. wazir was using the profit that has been getting from its own exchange service to do a regular burn for the token.
It will be the same as binance and more volume means more profit to burn the token.

[Taufik blackspade team]

It should be the main target that has already promised by the developers. wazir was using the profit that has been getting from its own exchange service to do a regular burn for the token.
It will be the same as binance and more volume means more profit to burn the token.

the same concept as binance was indeed developed by wazirx. I think in the future this exchange will be even bigger because some events will continue to be carried out by collaborating with other projects.

[BuHoBeH]

Announcing WazirX Warriors Program
https://blog.wazirx.com/warriors/

[investgarant]

WRX has been trading within the range of $0.12-0.15 for more than 3 months, I think that after leaving the range we will be able to see the price of $0.5 and market cap of $100 kk.

[Princeofpoetry]

WRX at the beginning of the launch, the price is always pumped in Binance but now the price increase is not too significant, does anyone know why?

[ScamViruS]

WRX at the beginning of the launch, the price is always pumped in Binance but now the price increase is not too significant, does anyone know why?

Because the hype that was created after the listing is no more. Because we all know what happens when a coin suddenly creates extra hype. No one knows how much their token price will be in the market. The main reason is that the hype is over now. WRX hasn't been on the market for a long time, give them time to develop. Although their platform is already popular in India.

[MCobian]

I am confident in the potential of WRX, even though the hype is over. Not that the WRX will not pump anymore, if you see the WRX price is now
at the price of $ 0.13 shows a decrease in the price of WRX not so far from the price of all time high which is at $ 0.22. Therefore I am very
sure WRX will rise again soon, we just need to be patient. At least according to my predictions the end of this year WRX was able to return to
prices all time high.

[BuHoBeH]

Woohoo! Binance has enabled WRX trading with isolated margin

[suzanne5223]

WRX at the beginning of the launch, the price is always pumped in Binance but now the price increase is not too significant, does anyone know why?

Because the hype that was created after the listing is no more. Because we all know what happens when a coin suddenly creates extra hype. No one knows how much their token price will be in the market. The main reason is that the hype is over now. WRX hasn't been on the market for a long time, give them time to develop. Although their platform is already popular in India.

In order to get more awareness about the exchange in India will help this coin to explode even higher value in the coming days because they have the same plan like Binance exchange which they will burn the supply of Wazrix on every three months, very soon they will announce their development activity in the coming days.

@ScamViruS, WRX is popular ever since Binance acquired the exchange site and when they implemented a $50 Million USD Blockchain for Indias fund which more than enough for 5 new exchange project to launch and execute everything about their project. However, there are always something that will specify the trend of coins in the market.
1) crypto market is in high manipulated stage and we shouldnt expect much from every crypto than to seize every opportunity that raise.
2) Exchange crypto are use to fuel exchange activities and the level of activities done on exchange site will determine it price. Mind you most traders now trade once in awhile.
3) Coin burning that influence the price of the market anymore and if it going to influence the price of the coin the total supply wont be much but thats not the case of WRX it total supply is still huge.