Alts with no liquidity on exchanges

[naikturun]

yes most of the tokens are fake, there are even some exchanges with large volumes that are also fake.
so I started to doubt the newly released token in cmc because the data is not necessarily accurate.
but for coins like btc, eth and other top ranks no different.

[1715178640]

1715178640

[1715178640]

1715178640

[1715178640]

1715178640

[1715178640]

1715178640

[1715178640]

1715178640

[1715178640]

1715178640

[confreslamp]

Yes, it definitely means that 90 percent of all exchanges are doing wash trading by selling and buying crypto currencies on their own. If you look at the charts, even big exchanges are doing so to seem more powerful.

[NewRanger]

yes most of the tokens are fake, there are even some exchanges with large volumes that are also fake.
so I started to doubt the newly released token in cmc because the data is not necessarily accurate.
but for coins like btc, eth and other top ranks no different.

some altcoin tradiing volume if compared with buy or sell order was not suitable with reality. most of exchanges provide fake tradiing volume, and maybe its happen when cryptocurrency price hit on all time high on 2017. people interested when they see suddenly cryptocurrency price rise extremely in market. but for major altcoin ,its not significant.

[icekohl]

Since Coinmarketcap added Liquidity to its indicators, you can see a lot of tokens with enormous daily volumes have no liquidity at all. Is it even worth to invest in this kind of tokens? Does that mean that most of the volumes are fake? Thanks for the answers.

The answer is no. They simply use fake volumes on exchanges and pump and dump to attract interest from those who want to risk to make money from it. Especially in the current bad market situation, it is very risky to buy and hold altcoins.