When browsing the market, the trading activity looks very lively, as if everyone is getting rich overnight. But upon closer inspection, it becomes clear that those coins that make people cheer are actually less liquid than puddles after a light rain. Fake trading volume and superficial popularity make the market seem bustling, but in reality, participants are fighting tooth and nail for tiny gains. With few coins, many traders, sharp price fluctuations, and difficulty entering and exiting positions—this is the true picture of many tokens today. The superficial prosperity cannot hide the deep liquidity crisis. Most retail investors, in this never-ending battle, can at best earn tiny profits.