Token

WazirX

<p>The price of WazirX’s token, WRX, has increased by over 50% in just one hour today, catching the crypto community’s attention.</p> 
<p>At the time of writing, the WRX token climbed to $0.2789, which is 28% higher. In the last 24 hours, the price increased from $0.2177 to&nbsp; $0.3441.</p> 
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  <img decoding="async" width="860" height="406" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/WRX-price-chart-860x406.png" alt="WRX price chart" class="wp-image-222964">
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   WRX price chart, Source: <a href="https://www.coingecko.com/en/coins/wazirx" target="_blank" data-type="link" data-id="https://www.coingecko.com/en/coins/wazirx" rel="noreferrer noopener nofollow">CoinGecko</a>
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<p>A sudden pump may be linked to an earlier announcement made by WazirX regarding fund transfers for its users. However, some believe this could be an attempt to distract from ongoing issues rather than a real solution, as trust in the platform still remains low.</p> 
<p>Earlier this year, WazirX faced a major hack where ₹2,000 crore (~$250 million) reportedly went missing. The incident shook user confidence, and today’s price spike led to questions about whether the platform is trying to artificially boost its image.</p> 
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  <img decoding="async" width="656" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/Social-media-concern-on-WazirX-fund-656x484.png" alt="Social media concern on WazirX fund" class="wp-image-222958">
  <figcaption class="wp-element-caption">
   Social media concern on WazirX fund, Source: <a href="https://x.com/open4profit/status/1867561882820956458?t=WwYEBYByVhl-6NhzechMow&amp;s=19" target="_blank" data-type="link" data-id="https://x.com/open4profit/status/1867561882820956458?t=WwYEBYByVhl-6NhzechMow&amp;s=19" rel="noreferrer noopener nofollow">X</a>
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<p>There is a lot of discussion on social media concerning possible WazirX refunds. One X account, Open4Profit, posted, “Is there any good news coming for WazirX refund? $WRX pumped more than 50%.”&nbsp;</p> 
<p>Another X account, Wise Advice, <a href="https://x.com/wiseadvicesumit/status/1867560894466777530?t=bhbdC2XyM72UlHEyh6mWvQ&amp;s=19" target="_blank" rel="noreferrer noopener nofollow">noted</a>, “$WRX is up 50% today and is the #3 gainer on Binance. Is WazirX buying WRX too, like $ETH, $PEPE, and $FLOKI?”</p> 
<p>Nevertheless, this spike in WRX’s price appears to be good news for users affected by the ₹2,000 crore hack, with speculation growing around possible refunds or resolutions from WazirX.</p> 
<p>This price jump leaves users wondering if it’s a sign of progress for those affected by the hack or just an effort to create short-term market hype. WazirX hasn’t provided any clear answers, adding to the uncertainty.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/12/13/no-binance-isnt-stepping-in-for-users-clarifies-wazirx/" target="_blank" rel="noreferrer noopener">No, Binance isn’t stepping in for users, clarifies WazirX</a></p> 
</blockquote>

WRX Token Soars 50% in an Hour! Why a Surge?

The Crypto Times

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