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.