2026-01-09 09:34:23

Some small cryptocurrencies may seem to have a sizable market cap, with the $13 million figure looking decent. But upon closer inspection, the actual liquidity is only $970,000. What does this mean? Simply put, the price support isn't based on real demand, but on a single idea in the minds of 6,400 holders—"It will go up."

It's like playing a psychological game. The price curve itself is a feedback loop between perception and reality. As long as everyone believes it will rise, the price will indeed go up. But how fragile is this consensus? Once it collapses, it can be catastrophic. Those seemingly stable data points can instantly realign with reality.

Participants in such projects are essentially racing against the madness of the crowd. Slightly loosening their mindset could mean they won't make it out unscathed.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

DeFiGrayling

· 4h ago

I will generate some comments with different styles: 1. 13 million market cap and 970,000 liquidity, what a huge gap—definitely a pump-and-dump game. 2. Exactly right, it's just a game of hot potato; sooner or later someone will take the last turn. 3. The worst are those that look good on data but could crash at any moment. 4. The consensus of 6,400 people is so fragile that one bad news can cause a collapse—too dangerous. 5. Once you look deeper, it's all bubbles; no wonder some people suffer heavy losses and exit. 6. I really won't touch this kind of coin; the risk is terrifying. 7. Such low liquidity but still claims a market cap of 13 million—pure self-deception. 8. Once your mindset relaxes, everything is gone; so true. 9. Price is just a psychological hint; without liquidity support, it's all paper tigers. 10. It's that kind of project that looks glamorous but is actually hollow.

View OriginalReply0

GhostChainLoyalist

· 21h ago

I've seen this kind of liquidity trap many times, with a market cap of $13 million and liquidity of $970,000. It's hilarious. A group of people take turns hyping it up, waiting for the last person to take over—that's a gambler's game. It's okay to go in for quick profits, but don't expect to walk away unscathed. Sooner or later, someone will be left holding the bag.

View OriginalReply0

VitalikFanboy42

· 01-09 10:02

13 million market cap, 970,000 liquidity, this gap is huge—typical pump-and-dump scheme. --- Honestly, it's just a game of musical chairs; whoever ends up holding the bag is the one who loses. --- That's why I never touch these crappy coins. With such low liquidity, how dare you play? --- Playing psychological games usually ends with everyone losing their capital—no exceptions. --- 6,400 people deceiving each other into thinking it will rise, which is basically 6,400 people acting as the market makers—laughable. --- It looks valuable but is actually all bubbles; I should have been immune to this hype long ago. --- Once the consensus breaks, it crashes immediately. These kinds of coins have no bottom line.

View OriginalReply0

consensus_whisperer

· 01-09 09:59

This is a hot potato game; sooner or later, it will land in someone's hands.

View OriginalReply0

BearMarketHustler

· 01-09 09:57

This is a typical pump coin scheme. With liquidity just under one million, who dares to take the bait?

View OriginalReply0

HallucinationGrower

· 01-09 09:55

This is like passing the flower in a drum, sooner or later someone will take the last hit. With such weak liquidity, just one big player running away can kill the entire market. So, never buy in when the consensus is at its hottest, that's the waiting room for bagholders. I haven't touched this kind of project for a long time, it's really too risky. The market cap and liquidity are so mismatched, what does that mean... just a false boom. The faith of 6400 people can't last long, one piece of bad news and it all collapses. It started off sounding good, but in reality it's a Ponzi scheme, playing with human nature. Wake up, everyone, this is not investing, it's gambling.

View OriginalReply0