I recently came across an interesting cryptocurrency project with a very bold Chinese name. However, they used a pinyin English version of the name at launch, which actually diluted the brand recognition. From a technical perspective, the design of a supply with five zeros does make it easier to attract retail investors, and the potential for the price to break through to $1 is also there.

But the core issue remains liquidity. Without genuine market makers and whales participating, it’s difficult to generate trading momentum relying solely on the project's promotion. Everyone is waiting and watching, which instead leads to a vicious cycle.

If in the future they can introduce a professional market-making team to provide liquidity support and combine that with community enthusiasm, there’s still a chance for this type of project to turn around. The key depends on how the project team handles subsequent market operations.