[Dov: Lack of Liquidity in New Project Tokens Causes Altcoin Crash] On October 11, Mango Labs founder Dov stated that market makers currently tend to adopt an active order-taking strategy, rarely placing limit orders to control the market, resulting in insufficient liquidity for new project tokens. Market makers typically dump their holdings within a week after the token launch, then cease providing liquidity and wait for the next project to go live. This phenomenon has led to some altcoins experiencing a 70%-80% crash during early morning hours, triggered by trading volumes of just tens of millions of dollars.