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.
Most if not all newer tokens/coins have no use-ability. They are un-spendable. Even if the toke/coin is tied to a project that actually has a product that has a use case.
I will be so bold as to make another statement. Most if not all crypto assets from the start of bitcoin itself have ZERO demand or are able to be spent on anything other than trading out for BTC.
More and more. I am seeing bitcoin as a sort of stablecoin. I know crazy to put the word stable in the same sentence as BTC. Hear me out. I truly think a day will arrive sometime in the future where Bitcoin is so stable. It will be the stablecoin like we are seeing today. In the vision of the future i see. BITCOIN will be the only factor every other crypto token/coin will be priced by. Fiats or their value will have no input any crypto value.