Most times a good project is not measured by it's trading price. But a good performing project should be trading at a good price. Majority of these projects are not communicating with their community and also not developing anything. The effect of this is very visible on the price. Bear market is affects every projecr with different range. But a good project will quickly recover after any dip
a good project is not measured by it's trading price, I agree on that.
However, I think a good performing project should be trading period.
Bad project could artificially cut the supply in order to get price higher, but that doesn't mean this project will be easy to sell/buy.
Liquidity means almost everything for cryptocurrencies (and currencies in general I'd say)