WazirX steps up to minimise volatile pricing of newly listed crypto tokens

Binance-owned crypto exchange WazirX on Tuesday said it’ll implement measures to minimise volatile pricing of newly listed cryptocurrency tokens as was seen with the unusual spike in prices of ‘meme-coin’ Shiba Inu on its platform last week.

It also announced an Airdrop programme of new WazirX tokens to partially compensate users who suffered losses on account of the SHIB pricing glitch, as reported by ET on May 16th.