WazirX Reserves: $54M Shiba Inu Holdings Account for 19% of Total Assets

Curious about WazirX's cryptocurrency reserves? Reports reveal a significant portion is held in Shiba Inu (SHIB). According to this report, the Shiba Inu token ranking as the most held crypto asset in the firm. The total reserve of the exchange is over $280 million, and the Shiba Inu WazirX reserves feature a significant quantity of Shiba Inu, making up 19.07% of the exchange's holdings.

Specifically, WazirX holds a substantial amount of SHIB. A total of 6.09 trillion SHIB tokens valued at $54.56 million Shiba Inu token make up the exchange’s largest holding, accounting for 19 per cent of all reserves. WazirX holds 6.09 trillion SHIB tokens totalling $53.8 million. Shiba Inu accounted for the lion’s share of its holdings [19.06%].

The Proof of Reserves (PoR) report offers a detailed breakdown. The PoR report showed that WazirX had a total of 6.09 trillion Shiba Inu tokens worth $54.5 million. Drilling deeper, Shiba Inu [SHIB] account for the company’s largest holding, comprising 19 percent of all reserves. 6.09 trillion SHIB tokens, worth $54.2 million, are currently held by WazirX, making the exchange's Shiba Inu holdings a notable 19% of their total $286 million reserves.

This indicates a strong position for Shiba Inu within WazirX's portfolio, showcasing the popularity and adoption of this meme coin within the Indian crypto market. Stay informed about WazirX's reserve composition and the fluctuating value of their Shiba Inu assets.