The liquidity of the #交易流动性 token transaction is like the "bustle" of a vegetable market:
- High liquidity: Comparable to popular vegetables in the market (like potatoes and cabbage), where there are always many people wanting to buy and sell. If you want to buy 100 pounds, there’s someone ready to sell immediately; if you want to sell 200 pounds, it’ll be done in no time, and the price fluctuations are minimal (for instance, the price won’t suddenly rise when buying or drop sharply when selling). On the trading page of such tokens, the volume of buy and sell orders is large (like hundreds of thousands of lots), transaction speed is fast, and slippage (the difference between the actual transaction price and the expected price) can almost be ignored.
- Low liquidity: Like rare wild vegetables in the market, where only a few people come to inquire about the price each day. If you place an order to buy 10 tokens, you might have to wait half a day for a seller to accept the order; and when you want to sell, you might have to significantly lower the price to make a deal (for instance, a token originally priced at 10 yuan might only sell for 8 yuan in a hurry). The trading volume of such tokens is extremely low, and even slightly larger orders can easily crash or spike the price, making it susceptible to manipulation by a few individuals.