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.
I don't think it's worth investing in coins or tokens that don't have liquidity because too many fake transactions are made to fool investors so don't get fooled and if you choose to invest, choose tokens that already have big names and are in large exchanges.
Imo, that indicator is a reminder for traders not to be trapped.
I often read coins with the same typical type on the telegram channel, and most of them refer to coingecko. after I check, the coin gets stuck at the highest price, or even immediately falls in less than a day. liquidity is very important or we are suddenly forced to become confused holders.