WazirX Issues Recovery Tokens, Users May Reclaim 75%-80% of Funds
- Recovery Token Issuance: On January 9, 2026, WazirX confirmed the issuance of Recovery Tokens to all eligible users, marking a significant step in its restructuring plan post the 2024 hack, enabling users to potentially reclaim 75%-80% of their locked funds over time.
- Token Allocation Mechanism: The Recovery Tokens were distributed on a pro rata basis, allowing users to view their allocations directly in the WazirX app, ensuring that each user's share reflects their approved claim, which enhances fairness in the recovery process.
- Future Buyback Plans: WazirX will review asset recoveries every three months, and if at least $10 million in unencumbered value is realized, part of that amount will be used to buy back Recovery Tokens, creating additional distribution opportunities for users and boosting their confidence in the platform.
- Legal Support and Structured Recovery: With court backing and approval from over 95% of creditors, WazirX's restructuring plan ensures that user assets are not used to offset platform losses, promoting a more structured claim-based recovery model that enhances user trust in the exchange.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000697 | 0.00175 | 0.00258 | 0.00363 | 0.00446 | 0.00552 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00292 | 0.00363 | 0.00435 | 0.0048 | 0.00552 |
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