2026-01-05 09:26:06

When looking at the token trend of a new project, my first reaction is always: Is the current market pricing the story or the actual data?

For tokens that quickly spike their FDV after TGE, this question is especially critical. My analytical framework is as follows:

First, look at the trading volume. This can reveal the true level of market participation—whether it's genuine buying and selling or mainly driven by narrative hype. The fluctuation pattern of trading volume is often more honest than price.

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EthSandwichHero

· 01-06 01:23

To be honest, I really dislike tokens with artificially inflated FDV but extremely low trading volume; they look fake at a glance. Trading volume can't really deceive people; it's much more honest than price. These days, there are too many people chasing stories. I just want to see real data. It's another market that prices stories, no wonder people get chopped up.

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FastLeaver

· 01-05 09:56

故事定价还是数据定价？哈，这问题问得好，但大多数时候我看成交量就已经知道答案了成交量能骗人吗？能，但比价格诚实多了。很多新币就是讲个爽故事，交易量跟不上就是虚 TGE冲高很常见，但那FDV数字...得看后续有没有真实交易量来接盘，不然就是纸面富贵真正的买卖力度在成交量上显示得一清二楚，价格涨但没量？那就是故事在唱独角戏呢

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HashRateHermit

· 01-05 09:56

成交量都是假的，现在还有人信这个呢

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SolidityJester

· 01-05 09:53

Trading volume really doesn't lie; you can tell at a glance whether it's a genuine rise or just storytelling. --- I'm tired of TGE surges; whether data speaks or storytelling, it's all clear at a glance. --- Trading volume is the true touchstone; prices love to boast, but volume won't. --- No matter how good the story, without volume support it's all虚假的; I've seen too many of these tricks. --- Just look at the order book depth; scammers have nowhere to hide. --- Haha, when a new coin skyrockets, my first reaction is—Is this volume real? --- Storytelling versus data is always the core of this game; choosing sides is crucial. --- The lies about trading volume are much less than those about price, that's for sure.

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BearEatsAll

· 01-05 09:52

Really, trading volume can't be fooled. Those pump-and-dump coins that surge are just paper wealth; once you check the trading volume, the truth is exposed.

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MeaninglessGwei

· 01-05 09:33

Trading volume is the real truth; prices are all lies haha --- Same old story, story vs data, sounds nice but it's just gambling for popularity --- During the TGE surge, I basically ignore the price and focus on trading volume to distinguish real from fake at a glance --- That's correct, but in practice, who cares? Anyway, it's mostly people chasing highs --- The pattern of trading volume really doesn't lie; it's much more reliable than staring at candlestick charts --- This is a good question, how many people see the FDV skyrocketing and rush in without paying attention to what the trading volume is doing --- The market loves to tell stories; data is always a step behind

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