There's literally no need for tokenized assets on an orderbook for a majority of the current assets. They exist as a financial incentive for rapid tech adoption and funding new, risky, and speculative industries that have trouble gaining support otherwise. No one would adopt this fucking meme money otherwise, but the rate at which people can create value and control value makes it way too lucrative to pass up.
That's the problem with a speculative market. Such low liquidity orderbooks are so easily manipulated with preset rules and "patterns" that predict and force price movements. Since these exchanges are unregulated, these "predictive patterns" are abused to force buys and sells in the mirage of marketcaps. Orderbooks are so thin that injecting a fraction of the marketcap has a lucrative multiplier on the entire token supply. We will see individual crypto marketcaps hit the trillions before this bubble bursts.
Remember that these tokens are not limited by assets or commodities. There is no clear metric to calculate supposed value and the token metrics themselves are too diverse and speculative to implement any standard measurement in the near future. This is what I mean when I say the market is a meme for the next two years, actual implementations for vaporware tech are obviously not possible. Focus solely on ROI.
You might ask, won't people avoid investing because it's a scam? Not at all. This is the most emotional market with the thinnest orderbooks. When the price moves, people will follow.
All projects shouldn't be taken seriously within the next two years. We've just started a new market cycle meaning marketcaps will be insanely large by this time next year, the entire market will without a doubt be in the trillions. Implementation and fundamentals don't work at the moment, focus on marketing teams and company interests. The ones making blatant money grabs will pump their tokens to cash out as much as possible.