@wenda7665
Secondary market liquidity underpins token accessibility and usability. Adequate liquidity ensures smooth execution of trades, reduces slippage, and provides transparency in pricing, which is vital for both retail users and institutional participants. Projects often foster liquidity by listing on multiple exchanges, providing market-making support, or rewarding liquidity providers. High liquidity not only stabilizes the token price but also encourages adoption across applications, including staking, lending, and NFT marketplaces. Conversely, poor liquidity can deter engagement, create market inefficiencies, and increase susceptibility to manipulation. Strategically managing secondary market support ensures the token remains functional, trusted, and attractive for long-term holders and ecosystem participants.