#交易流动性 High Liquidity: Like popular vegetables in a market (such as potatoes and cabbages), there are always many people wanting to buy and sell. If you want to buy 100 pounds, there will immediately be someone selling; if you want to sell 200 pounds, it will be sold in no time, and the price fluctuates very little (for example, the price won't suddenly rise when buying, and it won't drop sharply when selling). On the trading page for this type of token, the buy and sell orders are large (for example, hundreds of thousands of orders), the 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 a market, only a few people come to ask for prices each day. If you place an order to buy 10 coins, you might have to wait half a day for a seller to take the order; when you want to sell, you may have to significantly lower the price to complete the transaction (for example, a coin originally priced at 10 yuan can only be sold for 8 yuan in a hurry). The trading volume for this type of token is extremely low, and even slightly larger orders can crash or spike the price, making it easy for a few people to manipulate.