Harsh numbers, but hard to ignore.
When tokens tied to a single ecosystem lose 99%+ value, it raises serious questions about governance, transparency, and accountability — not just market cycles.
After the #WazirX hack and ongoing concerns, trust clearly remains the biggest missing piece.
At this point, recovery isn’t just about price — it’s about credibility.
WazirX Данные о ценах в реальном времени
WazirX WRX Price History USD
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🚨 When a founder oversees both a major exchange and its “ecosystem” token, this is exactly what 99% crashes look like.
WazirX’s $WRX is down 99.64% from its $5.94 all-time high — now barely $0.0213 with almost no volume.
Shardeum’s $SHM is down 99.97% from $0.37 to $0.0000625 after the 1:240 redenomination. Market cap? Just ~$635K.
Same founder. Same story.
After the @WazirXIndia $235M hack, users recovered only ~85%, with the rest stuck in non-tradable recovery tokens and very little actual buyback progress. Then came the ₹99/month subscription fees quietly hitting even inactive accounts.
This level of destruction isn’t bad luck — it’s what happens when trust is repeatedly broken, and priorities seem misplaced.
Are these projects salvageable at this point, or is this the natural end result?
Article via @CryptoTimes_io: https://t.co/q21KA69uqx
How many of you received #WazirX recovery tokens ??🤔
Comment below 👇 https://t.co/6jK9pv2gxr
RECOVERY TOKENS ARE LIVE 🚀
@WazirXIndia has issued Recovery Tokens to eligible users.
This allocation was done on a pro rata basis, according to approved claims.
RTs are not tradable yet.
However, they indicate entitlement to future buybacks when the company has profits and recoveries.
You can go to Funds later to check your RTs.
Platform restart, first distribution and now RT allocation, another milestone completed.
Do you think RTs will be beneficial for users in the long term?
Or are you still not satisfied with this process?
Give a clear opinion in the comments.
