The higher the TVL the better they say.
So a friend came to my place today and we are discussing about the next big trends in crypto space for the next bull market and I asked how he is doing his own research on crypto projects and he mentioned TVL ( Total Vlaue Locked ) , he claimed that the higher the TVL the better for the project, this have got me wondering.
How true is this? Is there anyone using this method? Is it possible to fake TVL and deceive new investors so that they can invest just because the total amount locked is high? What's your take on this?